According to the CFTC Commitments of Traders report for the week ended January 21. NET LENGTH for crude oil futures decreased -9 744 contracts to 520 568 for the week. Speculative long positions fell -11 216 contracts while shorts dropped -1 472 contracts. For refined oil products, NET LENGTH for gasoline rose +2 995 contracts to 127 733, while heating oil‘s NET SHORT fell -4 464 contracts to 8 417. NET SHORT for natural gas futures rose +10 223 contracts to 249 405 contracts for the week.

NET LENGTH for gold futures gained +1 540 contracts to 317 695. Speculative long positions decreased -2 016 contracts, while shorts were down -476. Silver futures’ NET LENGTH rose +1 502 contracts to 68 875. Speculative long positions declined -1 618 contracts while shorts fell -3 120. For PGMs, NET LENGTH of Nymex platinum futures added +2 866 contracts to 67 391 while that for palladium decreased -1 496 contracts to 9 844.

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