Todd Colvin of Mark IV Brokerage examines the recent pullback in WTI Crude Oil futures as prices slip to 85 a barrel to start the week. Colvin discusses the 4 percent reversal from Thursday's highs amid ongoing Middle East negotiations and headline risks regarding potential sanctions. He also highlights the continuing August trend of lower volatility in the CVOL index and breaks down recent positioning data showing speculators holding their most net long positions since mid-June.
FOLLOW THE MARKETS
Most Recent

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2026 CME Group Inc. All rights reserved.