Track how "Smart Money" institutions are positioning themselves in BRENT PHYS NYME (BP). By analyzing the latest Commitments of Traders (COT) data from the WTI-PHYSICAL - NEW YORK MERCANTILE EXCHANGE, with real-time price charts and sector comparisons, we provide a deep dive into the current market dynamics. Understanding these underlying shifts allows you to better anticipate where the market might be heading next.
About Brent Crude Oil
Brent Crude is the international benchmark for oil prices, originating from the North Sea. While WTI represents the US domestic benchmark, Brent is the reference price for approximately two-thirds of the world's internationally traded crude oil supply.
Primary Usage
Brent crude is refined into transportation fuels (gasoline, diesel, jet fuel) and serves as the pricing basis for oil produced in Europe, Africa, and the Middle East.
Market Dynamics & Key Drivers
WTI holds near $100 and Brent tests $110 as falling crude inventories support oil prices, while rising gasoline stocks signal mixed demand conditions.
Washington is handing refiners $150 million to expand fuel supply at the same moment those same refiners are posting the biggest margins in their history.
Investors monitor simmering tensions in the Middle East and U.S. front-month futures contracts near expiry. WTI crude set for ninth consecutive session of gains and a monthly ri...
| Date | Position |
Net Position
Difference between Non-Commercial Long and Short
|
Non-Comm. Long
Speculators & funds betting on rising prices
|
Non-Comm. Short
Speculators & funds betting on falling prices
|
Comm. Long
Hedgers/producers hedging against rising prices
|
Comm. Short
Hedgers/producers hedging against falling prices
|
|---|---|---|---|---|---|---|
| Apr 07, 2026 | Bullish | 202,153 | 381,615 | 179,462 | 883,576 | 1,114,042 |
| Mar 31, 2026 | Bullish | 213,488 | 378,087 | 164,599 | 870,799 | 1,115,890 |
| Mar 24, 2026 | Bullish | 233,620 | 376,150 | 142,530 | 841,200 | 1,108,210 |
| Mar 17, 2026 | Bullish | 218,688 | 385,768 | 167,080 | 857,135 | 1,119,764 |
| Mar 10, 2026 | Bullish | 228,015 | 394,651 | 166,636 | 827,233 | 1,103,680 |