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

Oct 13, 2026 Neutral

Plug in, get paid: Duke Energy Florida program offers bill credits for customers charging EVs at certain times

ST. PETERSBURG, Fla., Oct. 13, 2026 /PRNewswire/ -- Given the Sunshine State has the second-highest electric vehicle (EV) registrations in the nation, Duke Energy Florida is reminding EV-driving cu...

Oct 10, 2026 Neutral

Berkshire Hathaway and Mastercard Don't Need AI to Keep Growing. Both Look Worth Owning Through 2030.

Berkshire's insurance underwriting, railroad, energy, and manufacturing units raised their total earnings 11% in 2026's first half. Mastercard's second-quarter fees on cross-border card use rose 21...

Natural Gas (NG) Oct 09, 2026 Positive

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Traders Stay Bullish

Oil markets are moving higher as traders bet on additional escalation in the Middle East.

Natural Gas (NG) Oct 09, 2026 Positive

U.S. Natural Gas Futures Pick Up in Early Trading

Natural gas futures climbed after retreating Thursday on a slightly bigger-than-expected weekly storage build, while effects from Hurricane Isaias are seen mixed with small offshore production loss...

WTI Crude Oil (CL) Oct 09, 2026 Neutral

Crude Oil Price Forecast – Hurricane Threatens U.S. Production

WTI crude oil is currently sitting at the 50-day EMA and the $90 level, sitting on top of an uptrend line as we face a lot of confluence. However, not all of the story is told in the chart.

Silver (SI) Oct 09, 2026 Positive

Gold, silver rebound as dollar, yields and oil ease - Kitco AM Report

Spot gold prices are sharply higher and spot silver prices are also solidly higher in early U.S. trading Friday, as a softer U.S. dollar, easing Treasury yields and a pullback in oil prices helped ...

WTI Financial Crude (CLF) Oct 09, 2026 Neutral

Top Wall Street Forecasters Revamp Cleveland-Cliffs Expectations Ahead Of Q3 Earnings

Cleveland-Cliffs Inc. (NYSE:CLF) will release its third quarter earnings report before the opening bell on Monday, Oct. 19.

Natural Gas (NG) Oct 09, 2026 Positive

Natural Gas and Oil Forecast: WTI Eyes $91.40, Can Brent Break $103.89?

WTI rebounds toward $91.40 as Gulf supply outages tighten output, Brent tests $103.89, and natural gas holds $3.12 support ahead of a potential $3.23 breakout.

WTI Crude Oil (CL) Oct 08, 2026 Positive

WTI Crude Oil Price Forecast: Bullish Breakout Targets New Highs

WTI breaks above a falling bullish wedge as support holds, raising the potential for renewed upside toward recent highs and eventually new trend highs.

Natural Gas (NG) Oct 08, 2026 Positive

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Trump Says U.S. Would Not Attack Iran Before Midterm Elections

Oil markets gain ground as traders bet on additional escalation in the Middle East.

WTI Crude Oil (CL) Oct 08, 2026 Positive

Crude Oil Gains 5%; PepsiCo Posts Upbeat Q3 Earnings

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling over 150 points on Thursday.

WTI Crude Oil (CL) Oct 08, 2026 Negative

Crude Oil Price Forecast – Oil Continues to See Multiple Pressures

WTI and Brent rebound from technical support as falling inventories, refinery demand and persistent supply risks favor buyers.

Natural Gas (NG) Oct 08, 2026 Positive

U.S. Natural Gas Futures Gain Ahead of Inventory Data

The rally in U.S. natural gas futures stretched into a fifth session with the market expecting an eighth consecutive below-average inventory build to further reduce the storage surplus over the fiv...

WTI Crude Oil (CL) Oct 08, 2026 Positive

Crude Oil Rallies on U.S.-Iran War Escalation, APLD Beats Earnings, WOLF Pentagon Contract

Crude oil is jumping back to the upside Thursday morning as tensions between the U.S. and Iran rise once again. Kevin Green analyzes the latest price action and ways this rally can set the stage fo...

Natural Gas (NG) Oct 08, 2026 Positive

Natural Gas and Oil Forecast: WTI Tests $90.62, Can NG Extend Above $3.35?

WTI tests $90.62 resistance, Brent presses $103.89, and natural gas surges above $3.16 as bullish momentum strengthens across energy markets.

WTI Financial Crude (CLF) Oct 07, 2026 Neutral

Cleveland-Cliffs (CLF) Dips More Than Broader Market: What You Should Know

In the latest trading session, Cleveland-Cliffs (CLF) closed at $12.06, marking a -1.55% move from the previous day.

Hot Rolled Coil Steel (HRC) Oct 07, 2026 Negative

Worthington Steel: 212% Revenue Growth, Yet EPS Went Backward

Worthington Steel, Inc. is a value-added metals processor serving automotive, construction, energy, and industrial sectors. WS recently expanded its North American and European footprint with the K...

Natural Gas (NG) Oct 07, 2026 Negative

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back As Traders Focus On EIA Data

Oil markets are moving lower as traders evaluate the situation in the Middle East.

WTI Crude Oil (CL) Oct 07, 2026 Positive

U.S. Crude Oil Stockpiles Post Weekly Drop

Commercial crude oil inventories fell by 3.2 million barrels to 424.1 million barrels in the week ended Oct. 2. Crude inventories were expected to have increased by 1.7 million barrels, according t...

Natural Gas (NG) Oct 07, 2026 Positive

U.S. Natural Gas Extends Gains With Eyes on Storm

U.S. natural gas futures climbed as Tropical Storm Isaias forms in the Gulf of Mexico and is expected to reach the U.S. Gulf coast as a hurricane later this week.

WTI Crude Oil (CL) Oct 07, 2026 Negative

Iran's Security Chief Blasts Scott Bessent as Crude Oil Prices Remain Volatile: ‘Hormuz Will Not Be Opened by Threats or Pressure'

Iran's Security Chief Mohsen Rezaee slammed Treasury Secretary Scott Bessent on Tuesday, saying that the U.S.'s economic restrictions on Tehran will not force the reopening of the Strait of Hormuz.

Natural Gas (NG) Oct 07, 2026 Negative

Natural Gas and Oil Forecast: Gulf Storm Threatens Supply, Can WTI Break $90.65?

Gulf storm risks and Saudi-Houthi tensions lift oil supply concerns as WTI tests $90.64, Brent eyes $103.89, and natural gas holds above $3.00.

WTI Crude Oil (CL) Oct 06, 2026 Negative

WTI Crude Oil Price Forecast: $88.66 Support Signals Potential Pullback Low

WTI crude oil found support near $88.66, with a bullish hammer and rising channel setting up a potential reversal toward higher resistance levels.

Natural Gas (NG) Oct 06, 2026 Positive

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Iran Attempts To Stop Traffic In Hormuz

Oil markets moved away from session lows amid reports indicating that Iran increased attacks in Hormuz to stop the growing traffic.