
Money managers reduced their net-length in Brent crude oil futures and options by 2,647 contracts to 234,158 in the week ending March 12. Long-only positions fell by 1,837 while short-only positions rose by 810. Other reportables net-length rose by 9,164. In WTI crude oil futures and options, money managers reduced their net-length by 14,068 contracts to 169,893, with long-only positions falling by 8,406 and short-only positions rising by 5,662. Other reportables net-length rose by 7,040. The latest value for crude net-positioning of non-commercial accounts in Brent and WTI futures and options combined is as of March 12.

COT on #commodities. A strong week to March 12 for metals and grains saw hedge funds lift their net long to a four-month high. #Crudeoil: sold for a second week albeit in small size #Natgas long and short reduced as prices tanked 12% #Gold: in just two weeks 91.5k lots⦠https://t.co/AHfm06lJix
Chart of the Day Brent Crude looks ready to play big boy or fold (less likely) https://t.co/SXZAQ8FTkm
Charts on crude net-positioning of non-commercial accounts (=managed money and other reportables) in Brent and WTI futures and options combined #OOTT latest value is March 12 https://t.co/RSE9UPWDzk