COT Reports / Energy

Energy
The COT Report for Energy shows the positioning of major market participants (banks, funds, producers). Extreme positioning can indicate potential market trend reversals.

Understand how big banks, hedge funds, and commercials are positioning themselves in Energy. Analyze institutional money flows to identify historical extremes and gain a deeper understanding of underlying market dynamics.

How to Read Energy Data

Locking in Profits: Oil and gas companies ("Commercials") secure the value of their future production by taking short positions. When energy prices experience a massive spike, you will often see these commercials aggressively increasing their short hedges to lock in high profits.

Spotting Reversals: Energy is considered a classic "trend market" for hedge funds ("Non-Commercials"). A sudden and aggressive reduction in their trend-following positions is often one of the earliest signs of a major market reversal.

Brent Crude Last Day (BZ)

BZ

Brent Crude originates from the North Sea between the UK and Norway. As a seaborne crude, it sets the price for oil exported from Europe, Africa, and the Middle East — roughly two-thirds of global trade.

BRENT PHYS NYME (BP)

BP

Brent Crude is a light, sweet crude oil from the North Sea. As the international oil benchmark, it prices roughly two-thirds of the world's traded crude, especially exports from Europe, Africa, and the Middle East.

Ethanol Futures (ZK)

ZK

Ethanol is a renewable biofuel alcohol produced primarily by fermenting corn. Blended into gasoline (typically 10-15%), it links agricultural crop prices directly to the energy sector via government fuel mandates.

Gasoline RBOB (RB)

RB

RBOB (Reformulated Blendstock for Oxygenate Blending) is the refined petroleum product blended into the unleaded gasoline that powers vehicles. Its price directly influences what consumers pay at the pump.

Natural Gas (NG)

NG

Natural Gas is a colorless, odorless fossil fuel found deep underground, often alongside oil deposits. Primarily used for electricity generation, home heating, and industrial processes, it burns significantly cleaner than coal.

WTI Crude Oil (CL)

CL

West Texas Intermediate (WTI) is a light, sweet crude oil extracted primarily in the US Midwest and Gulf Coast. Refined into gasoline, diesel, and jet fuel, it serves as the primary US oil pricing benchmark.

WTI Financial Crude (CLF)

CLF

Tracks the positioning and sentiment of wti financial crude (clf).

Latest Energy News

Jun 04, 2026 Neutral

QIMC Appears Before Quebec National Assembly on Bill 17, Highlighting Quebec's Natural Hydrogen Potential

Natural hydrogen leader shares technical expertise and exploration experience to support the development of Quebec's emerging natural hydrogen sector. Montréal, Québec--(Newsfile Corp. - June 4, 20...

WTI Financial Crude (CLF) May 29, 2026 Positive

Cleveland-Cliffs (CLF) Outpaces Stock Market Gains: What You Should Know

In the most recent trading session, Cleveland-Cliffs (CLF) closed at $13.6, indicating a +2.33% shift from the previous trading day.

Gold Mini (GM) May 29, 2026 Neutral

Gold rises, silver slips as oil falls on Iran deal hopes - Kitco PM Report

Spot gold prices are higher and spot silver prices are lower after the close Friday, as a sharp monthly drop in crude oil reduced inflation pressure while a firmer U.S. dollar kept silver under pre...

Silver (SI) May 29, 2026 Neutral

Gold rises, silver slips as oil falls on Iran deal hopes - Kitco PM Report

Spot gold prices are higher and spot silver prices are lower after the close Friday, as a sharp monthly drop in crude oil reduced inflation pressure while a firmer U.S. dollar kept silver under pre...

May 29, 2026 Neutral

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (...

Natural Gas (NG) May 29, 2026 Neutral

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Prices Test New Lows As Traders Wait For Trump's Decision On Iran

Oil markets test new lows as traders wait for results of U.S. – Iran talks.

WTI Crude Oil (CL) May 29, 2026 Neutral

Crude Oil Price Analysis – Crude Oil Continues to Trade the Range

Crude oil continues to look for the floor of the range we have been in. As things continue to play out in the Middle East, traders continue to watch every headline.

Silver (SI) May 29, 2026 Neutral

Silver lags as gold defends $4,514 support - Kitco AM Report

Spot gold prices are higher and spot silver prices are slightly lower in early U.S. trading Friday, as lower crude oil prices and easing Treasury yields supported bullion while silver remained capp...

Natural Gas (NG) May 29, 2026 Positive

Natural Gas and Oil Forecast: WTI Below $92 While Brent Tests $95 — NatGas Breakout in Play?

One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI plunges below $92 after channel violation, Brent defends $95.01 support, and Natural Gas holds stea...

WTI Crude Oil (CL) May 29, 2026 Negative

Crude oil on track for second weekly loss amid Hormuz deal hopes

Brent crude and WTI, its US counterpart, are heading for a second consecutive weekly decline as traders bet that a diplomatic resolution to the US-Iran conflict will eventually reopen the Strait of...

High Grade Copper (HG) May 29, 2026 Neutral

Datavault AI Signs Exchange Agreement with Perpetuals.com, Opening Gold, Copper, Geothermal Energy, and Critical Minerals to 24/7 Global Trading Across Five RWA Programs

PHILADELPHIA & SAN FRANCISCO--(BUSINESS WIRE)---- $DVLT #Coppercoin--Datavault AI Inc. (“Datavault AI” or the “Company”) (NASDAQ:DVLT), a provider of data monetization, credentialing, digital engag...

WTI Crude Oil (CL) May 28, 2026 Negative

Crude Oil Price Forecast: Breakdown Extends Bearish Momentum

Crude oil extends downside momentum after breaking key moving averages and trendline support, with price now targeting lower Fibonacci and moving average support zones amid continued bearish struct...

Natural Gas (NG) May 28, 2026 Neutral

UNG Holds Front Month Natural Gas Futures, And Contango Has Cost Holders 90 Percent Over a Decade Without a Single Price Drop

The United States Natural Gas Fund (NYSEARCA:UNG) is the easiest way for a retail investor to bet on natural gas, and that convenience is exactly why holders have lost money on it for a decade.

Natural Gas (NG) May 28, 2026 Negative

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As U.S. And Iran May Extend Ceasefire By 60 Days

According to recent reports, U.S. and Iran are moving towards a temporary deal that would reopen the Strait of Hormuz.

WTI Crude Oil (CL) May 28, 2026 Positive

U.S. Crude-Oil Stockpiles Post Fifth Straight Weekly Drop

Commercial crude-oil stocks fell by 3.3 million barrels last week. Analysts expected crude stocks to decrease by 4 million barrels.

WTI Crude Oil (CL) May 28, 2026 Negative

Crude Oil Price Analysis – Oil Has Overhead Pressure as Traders Watch Middle East

Crude oil markets continue to see a lot of chop on Thursday, as we continue to see a massive amount of headline confusion and noise.

Natural Gas (NG) May 28, 2026 Negative

U.S. Natural Gas Futures Edge Down

U.S. natural gas futures edged lower as the Nymex July contract moved to the front of the curve.

WTI Financial Crude (CLF) May 28, 2026 Positive

Signal: Red-Hot Steel Stock Has Room To Run

Cleveland-Cliffs Inc (NYSE:CLF) stock is up 7.2% to trade at $12.85 today, on track for its best single-session gain in over a month. The steel company was awarded General Motors' (GM) Supplier of ...

Natural Gas (NG) May 28, 2026 Positive

BP set to take over offshore natural gas project in Azerbaijan, sources say

Energy major BP will become the operator of a large ​offshore natural gas production project ‌in Azerbaijan - the Babek gas field - three industry sources told Reuters on Wednesday.

Natural Gas (NG) May 28, 2026 Neutral

Natural Gas and Oil Forecast: Ceasefire Holds in Week 8 — WTI Crashes Below $92, NatGas Eyes $3.00?

One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI plunges below $92 after channel violation, Brent defends $95.01 support, and Natural Gas maintains ...

Natural Gas (NG) May 28, 2026 Neutral

Natural gas spending to hit 10-year high in 2026 as oil investment falls, IEA says

Global investment in natural gas projects is set to rise by more than 10% this year to $330 ​billion, its highest level in 10 years, while upstream oil ‌spending declines for a third straight year,...

Natural Gas (NG) May 27, 2026 Neutral

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 4.5% As U.S. – Iran Talks Continue

Oil markets are under strong pressure as traders bet that U.S. and Iran will reach a deal.

WTI Crude Oil (CL) May 27, 2026 Positive

Crude Oil Falls Over 5%; Dycom Industries Shares Surge Following Q1 Results

Dycom Industries Inc (NYSE:DY) shares jumped around 29% on Wednesday as the company reported better-than-expected first-quarter sales results and raised its FY27 sales guidance above estimates.

WTI Crude Oil (CL) May 27, 2026 Neutral

Crude Oil Price Analysis – Oil Continues to See Headline Pressures

Crude oil drops again early on Wednesday as hope for peace continues in the Middle East, with the latest headlines suggesting that the two sides are at least trying to find an exit.