Speculation on West Texas Intermediate crude oil benchmark prices is running rampant, increasing the odds of a sharp sell-off in the weeks ahead.
The weekly Commitment of Traders report is released by the U.S. Commodity Futures Trading Commission every Friday, and includes data up until the previous Tuesday. It details total futures exposure in a number of markets, including WTI crude. The Non-Commercial (ie. not oil producers) statistics are used as a proxy for hedge fund positioning.