Short positions in U.S. crude oil futures held by producers, merchants at nine-year high

Categorized in: Energy News Posted on: October 24, 2016 Last updated on: October 24, 2016 Written by: eradmin

Short positions in West Texas Intermediate (WTI) crude oil futures contracts held by producers or merchants totaled more than 540,000 contracts as of October 11, 2016, the most since 2007, according to data from the U.S. Commodity Futures Trading Commission (CFTC). …read more

Source:: TODAY IN ENERGY