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

Sep 01, 2026 Positive

Fervo Energy Stock Soars as Bill Gates-Backed Company Scores Deal With Google

Fervo Energy stock soars after The Wall Street Journal reports Bill Gates-backed geothermal energy Fervo has signed a major deal with Google.

Aug 31, 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) Aug 28, 2026 Positive

TC Energy: Powering AI With Natural Gas And Power

TC Energy Corporation's Bruce Power, operating two stations (A and B), delivers 6.6 GW of nuclear capacity with fixed-price MWh contracts, supports stable cash flows. Plans for Bruce Power C could ...

Coffee (KC) Aug 28, 2026 Neutral

Black Rock Coffee Bar Continues Expansion in Colorado with New Colorado Springs Location

Scottsdale, AZ, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Black Rock Coffee Bar, the Oregon-born boutique coffee chain celebrated for its specialty coffees, teas, smoothies, and signature Fuel® energy drin...

Natural Gas (NG) Aug 28, 2026 Positive

Natural Gas Leads U.S. Power Generation: 2 Midstream Stocks to Gain

Natural gas is projected to supply 40% of U.S. electricity through 2027, putting Kinder Morgan and Williams in focus as data-center and LNG demand rises.

Natural Gas (NG) Aug 28, 2026 Negative

U.S. Natural Gas Futures Give Back Some Gains

U.S. natural gas futures for October fell, as late summer temperatures continue to support prices, with high to very high demand seen for the next two weeks.

BRENT PHYS NYME (BP) Aug 28, 2026 Negative

WTI and Brent Crude Oil Hold 50-Day EMA Amid Middle East Risk

WTI and Brent crude oil hold near their 50-day EMAs as Middle East uncertainty drives headline risk, with Brent maintaining support just above $85.

WTI Crude Oil (CL) Aug 28, 2026 Negative

WTI and Brent Crude Oil Hold 50-Day EMA Amid Middle East Risk

WTI and Brent crude oil hold near their 50-day EMAs as Middle East uncertainty drives headline risk, with Brent maintaining support just above $85.

Natural Gas (NG) Aug 28, 2026 Positive

Natural Gas and Oil Forecast: Crude Rebounds as Hormuz Risks Ease, Gas Eyes $3

Hormuz diplomacy improves but shipping remains constrained as WTI and Brent rebound, while natural gas holds its breakout and targets $3.00.

WTI Crude Oil (CL) Aug 27, 2026 Negative

WTI Crude Oil Price Tests $79 Support After Wedge Breakdown

WTI crude oil tests $80.28–$78.95 support after a bearish wedge breakdown, with the 200-day average and key Fibonacci level defining the next move.

WTI Crude Oil (CL) Aug 27, 2026 Neutral

Crude Oil Moves Higher; Dollar General Shares Gain After Upbeat Q2 Earnings

Dollar General (NYSE:DG) shares gained more than 5% on Thursday after the company reported better-than-expected second-quarter financial results and raised its FY26 guidance above estimates.

Natural Gas (NG) Aug 27, 2026 Positive

U.S. Natural Gas Gains Ahead of Inventory Data

U.S. natural gas futures remained higher after weekly storage data came out.

BRENT PHYS NYME (BP) Aug 27, 2026 Negative

WTI and Brent Crude Oil Hold 200-Day EMA Support Amid Gulf Tensions

WTI and Brent crude oil hold key 200-day EMA support as Persian Gulf tensions keep prices range-bound, with Brent defending the critical $85 level.

WTI Crude Oil (CL) Aug 27, 2026 Negative

WTI and Brent Crude Oil Hold 200-Day EMA Support Amid Gulf Tensions

WTI and Brent crude oil hold key 200-day EMA support as Persian Gulf tensions keep prices range-bound, with Brent defending the critical $85 level.

Natural Gas (NG) Aug 27, 2026 Positive

Enbridge, KKR form joint venture to invest in Westcoast natural gas pipeline

Canadian energy company Enbridge said on ​Thursday it had agreed to form ‌a joint venture with KKR and Apollo to invest about C$2.7 billion in ​expansions of its Westcoast natural ​gas pipeline sys...

Natural Gas (NG) Aug 27, 2026 Neutral

Even Elon Musk Now Admits Natural Gas Isn't Going Away. Here's What That Means for Nuclear Energy Stocks, Including NuScale Power and Oklo

Elon Musk has ordered Space Exploration Technologies to aggressively adopt natural gas for power. The nuclear energy renaissance may not arrive as soon as analysts projected.

Natural Gas (NG) Aug 27, 2026 Neutral

Natural Gas and Oil Forecast: Diesel Stocks Tighten as Hormuz Flows Slowly Recover

Hormuz talks ease some oil supply fears, but tight diesel stocks keep fuel markets constrained as WTI and Brent remain technically vulnerable.

Natural Gas (NG) Aug 26, 2026 Positive

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Strategic Petroleum Reserve Tests New Lows

Oil markets are moving higher as traders focus on EIA data and wait for U.S. reaction on Iran – Oman deal.

WTI Financial Crude (CLF) Aug 26, 2026 Positive

Cleveland-Cliffs: A Levered Call Option On Steel Prices

Cleveland-Cliffs (CLF) is upgraded to a small Buy, capitalizing on improved fundamentals and a disconnect between price and operational progress. CLF's Q2 EBITDA tripled sequentially, FCF turned po...

Aug 26, 2026 Neutral

SCE Brings Customers 2026 Bill Relief with California Climate Credit, Lower Rates

ROSEMEAD, Calif.--(BUSINESS WIRE)--Millions of Southern California Edison customers are receiving a combined $72 credit on their summer electricity bills, applied automatically during August and Se...

WTI Crude Oil (CL) Aug 26, 2026 Neutral

U.S. Crude Oil Inventories See Modest Weekly Build

Commercial crude oil stockpiles, excluding the Strategic Petroleum Reserve, rose by 95,000 barrels to 428.9 million barrels in the week ended Aug. 21.

Natural Gas (NG) Aug 26, 2026 Positive

U.S. Natural Gas Futures See Continued Weather Support

U.S. natural gas futures were higher with several more weeks of hot weather likely to drive cooling demand.

WTI Crude Oil (CL) Aug 26, 2026 Neutral

Crude Oil Prices Hold Key Support as WTI, Brent Await Catalyst

WTI and Brent defend 200-day EMA support as crude oil markets remain range-bound, with Iran headlines and Strait of Hormuz uncertainty driving the outlook.

WTI Financial Crude (CLF) Aug 26, 2026 Negative

Tariffs Are Back in Focus: 3 Stocks With a Home-Field Advantage

Tariffs are dominating the headlines again, and that means more rhetoric about inflation, supply chain disruptions, and margin compressions. All of that can be bearish for some stocks.