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

Nov 03, 2026 Positive

Carl Icahn Buys A $4.2 Billion Slice Of The Refining Profit Surge

Carl Icahn's oil refinery, CVR Energy, said Tuesday that it's paying $4.2 billion for Marathon Petroleum refineries as earnings boom.

Oct 30, 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) Oct 30, 2026 Positive

Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Tests New Highs As Traders Focus On Geopolitics

According to recent reports, President Trump was briefed about military options against Iran.

WTI Crude Oil (CL) Oct 30, 2026 Neutral

Crude Oil Weekly Price Forecast – Oil Continues to See Dip Buying

WTI and Brent continue to attract dip buyers despite mixed inventory signals, with WTI facing resistance near $105 and Brent testing the potential for a move above $120.

WTI Crude Oil (CL) Oct 30, 2026 Positive

OILT Rises as Crude Oil Set for 4th Straight Monthly Gain

Crude oil is poised to close out its fourth consecutive month of gains, driven by heightening geopolitical tensions in the Middle East and persistent supply risks. Rising crude prices and solid cor...

WTI Crude Oil (CL) Oct 30, 2026 Positive

Crude Oil Gains 2%; ExxonMobil Posts Upbeat Earnings

ExxonMobil Holdings Corporation (NYSE:XOM) reported better-than-expected third-quarter earnings and revenue.

WTI Crude Oil (CL) Oct 30, 2026 Neutral

Crude Oil Price Forecast – Oil Continues to Grind Higher

WTI approaches $105–$106.50 resistance while Brent trades between $108 and $117, as falling crude inventories support prices despite mixed demand signals.

WTI Crude Oil (CL) Oct 30, 2026 Neutral

Crude Oil Price Forecast: WTI, Brent Rise After Hormuz Tanker Attack

Crude oil holds near monthly highs as a Hormuz tanker attack revives supply-risk concerns, while WTI and Brent test key breakout levels.

Natural Gas (NG) Oct 30, 2026 Positive

Natural Gas and Oil Forecast: Oil Eyes Fourth Monthly Gain, Can Brent Clear $114.37?

Natural gas and oil forecast: Houthi strikes put oil on track for a fourth monthly gain as Brent eyes $114.37, WTI tests $103.94 and NG slips toward $2.80.

Natural Gas (NG) Oct 30, 2026 Positive

Expand Energy: Hedges And Marketing Income Help Partially Offset Weak Natural Gas Prices

Expand's production slightly exceeded expectations in Q3 2026, and it maintained its guidance midpoint for full-year 2026 production. It is dealing with weaker natural gas strip prices but is aroun...

Coffee (KC) Oct 29, 2026 Neutral

Black Rock Coffee Bar Expands Footprint in California with New Riverside Location

Scottsdale, AZ, Oct. 29, 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) Oct 29, 2026 Positive

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Moves Higher As Netanyahu's Bloc Wins Israel Election

Traders continue to prepare for the restart of the military operation against Iran.

WTI Crude Oil (CL) Oct 29, 2026 Negative

Crude Oil Moves Lower; Caterpillar Shares Fall Following Q3 Results

Caterpillar Inc. (NYSE:CAT) stock plunged around 9% Thursday after the heavy equipment maker reported better-than-expected third-quarter 2026 earnings and revenue but warned of higher tariff costs ...

Natural Gas (NG) Oct 29, 2026 Positive

EQT and Range Resources Are Merging: Is It Time to Buy the New U.S. Natural Gas Titan?

Range will give EQT more liquids-rich natural gas. EQT should be able to see solid synergies from the deal.

WTI Financial Crude (CLF) Oct 29, 2026 Positive

Cleveland-Cliffs (CLF) is a Top-Ranked Momentum Stock: Should You Buy?

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Natural Gas (NG) Oct 29, 2026 Negative

U.S. Natural Gas Futures Fall Ahead of Storage Data

U.S. natural gas futures resumed their retreat, with the December contract moving below the $3 level in its debut as the Nymex front-month.

Oct 29, 2026 Neutral

ARK Invest and Tim Draper Back Capital Factory to Scale National Network for Deep Tech Founders

AUSTIN, Texas--(BUSINESS WIRE)--Capital Factory today announced partnerships with ARK Invest and Tim Draper to scale its national network for founders building deep technology. ARK and Draper joine...

Euro FX (E6) Oct 29, 2026 Neutral

ECB keeps rates unchanged but points to mounting inflation risk

The European Central Bank left interest rates unchanged in a well-telegraphed move on Thursday but warned that inflation risks were on the rise from surging energy costs, which may ​solidify market...

BRENT PHYS NYME (BP) Oct 29, 2026 Neutral

WTI and Brent: Crude Draw Supports Oil, but Gasoline Sends a Different Signal

WTI holds near $100 and Brent tests $110 as falling crude inventories support oil prices, while rising gasoline stocks signal mixed demand conditions.

Euro FX (E6) Oct 29, 2026 Neutral

ECB Set to Follow the Fed as French Bonds Panic Outweighs Inflation Fears

The European Central Bank is likely to follow its U.S. peer, even though higher energy costs are a worry for policymakers.

Natural Gas (NG) Oct 29, 2026 Neutral

Carlyle Group to sell its Romanian Black Sea offshore natural gas producer

Private equity ‌firm Carlyle Group (CG.O), opens new tab and the European Bank for Reconstruction and Development will sell their Romanian offshore natural gas producer Black Sea Oil & Gas (BSOG) t...

Natural Gas (NG) Oct 29, 2026 Neutral

Natural Gas and Oil Forecast: Vance Letter Revives Iran Talks, Can WTI Hold $99.61?

Natural gas and oil forecast: a Vance letter revives Iran talks hopes, trimming crude as WTI holds $99.61, Brent stalls at $112.20 and NG is capped at $3.12.

Natural Gas (NG) Oct 28, 2026 Neutral

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground Amid Rising Risks Of Escalation In The Middle East

Oil markets are moving higher as traders continue to prepare for the potential restart of the military operation against Iran.

Natural Gas (NG) Oct 28, 2026 Positive

EQT to Acquire Range Resources, Create a Leading Natural Gas Company

EQT's all-stock deal for Range Resources creates a natural gas producer worth $50B-plus, targeting major cost savings and stronger free cash flow.