Speculators were mixed over the energy complex in the week ended May 1. Net LENGTH for crude oil futures plunged -21 696 contracts from a week ago to 690 727. NET LENGTH of heating oil rose +4 341 contracts to 26 997 while net LENGTH for gasoline dropped -1 940 contracts to 83 027. Net SHORT for natural gas decreased -1 378 contracts to 94 849 for the week.
Speculators were bearish over the precious metal complex last week. Net LENGTH for gold slumped -29 867 contracts to 106 779. Silver reverted to Net SHORT of 7 196 contracts for the week. For PGMs, net LENGTH for platinum slumped -7 068 contracts to 10 764 while that for palladium slipped -196 contracts to 10 765.