Mon, Jun 21, 2021 @ 04:41 GMT
HomeAction InsightOil N' GoldTrader were Largely Bullish on Energy and Precious Metals

Trader were Largely Bullish on Energy and Precious Metals

Speculators were bullish over the energy complex in the week ended April 17. Net LENGTH for crude oil futures jumped +21 051 contracts from a week ago to 728 131. NET LENGTH of heating oil rose +8 258 contracts to 22 989 while net LENGTH for gasoline gained +4 245 contracts to 75 154. Net SHORT for natural gas decreased -8 976 contracts to 89 297 for the week.

with the exception of platinum, speculators were bullish over the precious metal complex last week. Net LENGTH for gold increased +7 697 contracts to 163 069. Net SHORT for silver slumped -14 746 contracts to 87 for the week. For PGMs, net LENGTH for platinum fell -1 353 contracts to 17 647 while that for palladium added +2 388 contracts to 10 548.

Featured Analysis

Learn Forex Trading