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vk.com/id446425943Physical participants’ (producers, merchants, processors, and end users) U.S. futures market contract positions

Source: Commodity Futures Trading Commission, Commitments of Traders

May 7, 2019

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vk.com/id446425943Money managers tend to be net long in the U.S. oil futures market

Source: Commodity Futures Trading Commission, Commitments of Traders

May 7, 2019

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vk.com/id446425943

Crude oil plays a major role in commodity investment

Source: Bloomberg

May 7, 2019

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vk.com/id446425943Commodity index investment flows have tended to move together with commodity prices

* Note: CFTC discontinued the collection of index investment data in November 2015.

Source: Bloomberg, Commodity Futures Trading Commission (CFTC)

May 7, 2019

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