By Using InvestMacro
The Commodity Futures Trading Commission has published the latest charts and stats for the Commitment of Traders Data (COT).
The latest COT is updated through Monday, July 3, 2023 This chart shows how large traders were positioned on the futures market (for-profit investors and commercial hedgers).
Brent Crude Oil leads weekly speculator changes
The COT energy market bets this week were mixed, as three of the six markets we cover saw higher positions this week and the other three had lower contracts.
Brent Crude Oil was the market leader with Brent Crude Oil (17 049 contracts), WTI Crude Oil (3041 contracts) as well as Heating Oil (3 599 contracts) showing positive week.
Natural Gas (-5.975 contract) was the market that led the way in the drop of speculator wagers. Gasoline (-1.6666 contract) and Bloomberg Commodity Index also registered lower bets for the week.