CFTC Commitments of Traders
With the exception of natural gas, speculators were bullish over the energy complex in the week ended March 27. Net LENGTH for crude oil futures jumped +12 062 contracts from a week ago to 715 7708. NET LENGTH of heating oil gained +1 948 contracts to 14 987 while net LENGTH for gasoline rose 1 689 contracts to 79 902. Net SHORT for natural gas added +5 256 contracts to 94 161 for the week.
With the exception of gold, speculators were bearish over the precious metal complex last week. Net LENGTH for gold increased +54 623 contracts to 203 354. Net SHORT for silver added +1 141 contracts to 13 657 for the week. For PGMs, net LENGTH for platinum slipped -1 032 contracts to 28 039 while that for palladium slipped -294 contracts to 12 047.