According to the CFTC Commitments of Traders report for the week ended April 23,  NET LENGTH for crude oil futures jumped +32 101 contracts to 557 359 for the week. Speculative long positions roas +28 560 contracts while shorts dropped -3 541. For refined oil products, NET LENGTH for gasoline slipped -521 contracts to 96 277, while NET SHORT  for heating oil fell -1 181 contracts to 10 552 contracts for the week. NET SHORT for natural gas futures gained +4 955 contracts to 55 076 contracts for the week.

On the precious metal complex, NET LENGTH for gold futures plunged -18 878 contracts, to 37 395 last week. Speculative long positions declined -6 522 contracts, while shorts gained +12 356, resulting in further decline in NET LENGTH. Rally in US Treasury yields dampened demand for gold. For silver futures, speculative long positions dropped -144 contracts while shorts rose +5 851. These resulted in drift from NET LENGTH to NET SHORT of 110 contracts. For PGMs, NET LENGTH of Nymex platinum futures slipped -31 contracts to 31 080 while that for palladium added +117 contracts to 8 941.

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