Faster global financial news!
COT data shows speculators cut bullish oil bets for second straight week
The latest report shows that fund managers cut their bullish bets on Brent and WTI crude oil futures for the second consecutive week as of the week ending August 4. Specifically, NYMEX WTI net long positions decreased by 7,257 contracts to 101,050 contracts, and ICE Brent crude oil futures net long positions decreased by 11% (20,361 contracts) to 164,722 contracts. Despite little progress on the potential reopening of the Strait of Hormuz, traders and speculators remain cautious about a sustained rise in oil prices.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source：Yahoo财经 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
IBM announced its digital asset platform, Haven, has connected to the Swift blockchain ledger, supporting tokenized deposit transactions.
-
2
Yemeni government forces repel Houthi attacks in Taiz, killing dozens of fighters, amid renewed hostilities
-
3
Allspring and BlueBay challenge rate-hike bets, sticking with short-dated bonds in Europe and the UK as they believe expectations for interest rate increases have gone too far.
-
4
Goldman Sachs raises its 2030 data center behind-the-meter power generation capacity forecast to 67GW, with fuel cells ranking highest.
-
5
Hong Kong's exports surged 53% to HK$667.9 billion in August, driven by AI-related electronic products
-
6
Binance's Uniswap (UNI) Holdings Exceed 71 Million Amid 72% Price Pump, Raising Potential Selling Pressure
-
7
CoinDesk analysis: Bitcoin shows near-zero long-term correlation with rising bond yields, but short-term volatility could dampen sentiment
-
8
US spot Bitcoin ETFs saw $347 million in inflows on Wednesday, as Bitcoin fell below $84,000.
-
9
Lookonchain: A newly created wallet withdrew $7.24M UNI, $1.85M BNB, and $841K LTC from Binance, totaling approximately $9.93 million.
-
10
Musk predicts that the global humanoid robot population could reach 10 billion units in the next 15 years, and 100 billion units within 20 years.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
