Money managers cut their net long U.S. crude futures and options positions in the week to October 18, the U.S. Commodity Futures Trading Commission (CFTC) said on Friday.
The speculator group cut its combined futures and options position in New York and London by 29,389 contracts to 165,391 during the period.
Selected categories from the CFTC weekly Commitment of Traders report:
FUTURES + OPTIONS Managed Swaps Producer
Net Chg Net Chg Net Chg
NYMEX Crude 176,050 -32,616 -360,018 11,770 37,579 -973
ICE WTI crude -10,659 3,227 -63,554 -311 47,916 9,607
---------- ---------- ---------- ---------- ---------- ----------
Total 165,391 -29,389 -423,572 11,459 85,495 8,634
RBOB 50,098 -2,726 32,381 2,033 -77,454 1,829
Heating oil 28,451 4,487 53,694 -349 -98,036 -5,183
Other NonReport Open
Net Chg Net Chg Interest Chg
NYMEX Crude 117,209 23,212 29,181 -1,394 2,052,363 -91,666
ICE WTI crude 28,274 -11,807 -1,977 -716 570,500 -11,116
---------- ---------- ---------- ---------- ---------- ----------
Total 145,483 11,405 27,204 -2,110 2,622,863 -102,782
RBOB -7,972 1,316 2,947 -2,452 256,039 -3,807
Heating oil -3,913 569 19,803 475 291,339 9,100
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FUTURES ONLY Managed Swaps Producer
Net Chg Net Chg Net Chg
NYMEX Crude 147,979 -29,510 -308,601 12,188 34,844 -2,319
ICE WTI crude -11,319 2,788 -44,060 3,365 41,847 10,178
---------- ---------- ---------- ---------- ---------- ----------
Total 136,660 -26,722 -352,661 15,553 76,691 7,859
RBOB 50,030 -2,755 32,500 2,066 -77,298 1,779
Heating oil 28,588 4,541 54,390 -375 -98,421 -5,208
Other NonReport Open
Net Chg Net Chg Interest Chg
NYMEX Crude 103,566 21,835 22,212 -2,194 1,454,431 -45,067
ICE WTI crude 15,386 -15,523 -1,854 -808 432,399 12,422
---------- ---------- ---------- ---------- ---------- ----------
Total 118,952 6,312 20,358 -3,002 1,886,830 -32,645
RBOB -8,164 1,339 2,932 -2,429 253,889 -3,658
Heating oil -4,033 591 19,476 451 283,702 8,440
Source: Reuters