According to the CFTC Commitments of Traders report for the week ended July 17, NET LENGTH for crude oil futures jumped +33 613 contracts to 423 762 for the week. Speculative long positions surged +39 788 contracts and shorts were up +6 175 contracts. For refined oil products, NET LENGTH for gasoline gained +3 633 contracts to 79 975, while NET SHORT for heating oil dropped -2 589 contracts to 5 745 for the week. NET SHORT for natural gas futures dropped -1892 contracts to 155 615 contracts for the week.
NET LENGTH for gold futures added +738 contracts to 245 501. Speculative long positions rose +3 430 contracts, while shorts added +2 692. For silver futures, speculative long positions gained +4 369 contracts while shorts declined -7 905. NET LENGTH for silver futures soared +12 274 contracts to 37 425. For PGMs, NET LENGTH of Nymex platinum futures jumped +8 899 contracts to 15 592 while that for palladium slipped -461 contracts to 12 435.
