Speculators were mixed over the energy complex in the week ended May 8. Net LENGTH for crude oil futures plunged -10 799 contracts from a week ago to 679 928. NET LENGTH of heating oil rose +5 463 contracts to 32 460 while net LENGTH for gasoline added +1 726 contracts to 84 753. Net SHORT for natural gas increased -124 023 contracts to 124 023 for the week.
Speculators were also mixed over the precious metal complex last week. Net LENGTH for gold added +661 contracts to 107 440. Silver’s net SHORT slipped -7 075 contracts to 121 for the week. For PGMs, net LENGTH for platinum dropped -376 contracts to 10 388 while that for palladium was down -469 contracts to 10 296.
