COT Reports / Energy / BP

BRENT PHYS NYME (BP): COT Report, Price & Analysis BP

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 PHYS NYME (BP)

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

  • OPEC+ Production Decisions: As the global benchmark, Brent is highly sensitive to OPEC+ supply management and production quota changes.
  • Geopolitical Risk Premium: Conflicts or instability in the Middle East, Africa, or major shipping routes directly impact Brent pricing.
  • Brent-WTI Spread: The price differential between Brent and WTI reflects relative supply/demand dynamics between international and US domestic markets.
Price
$96.63 / bbl Barrel (bbl) is a unit of volume for crude oil, equal to 42 US gallons or approximately 159 liters.
Apr 08, 2026
Market Sentiment
Increasing Bearish
Outlook
Net Position
Net Position: Difference between long and short contracts of Non-Commercials (large speculators/funds). A positive value means they are predominantly net-long (expecting rising prices).
202,153
▼ 5.3%
Market Situation
The market situation analyzes the current net positioning compared to the historical average of recent years (Z-Score). This helps to identify extreme market conditions.
Bullish

BRENT PHYS NYME (BP) Price Chart

COT Charts

Latest News for Brent Crude Oil

Bet on these Oil ETFs as Brent Crude Rallies 2% Amid Fading Peace Hope
Bet on these Oil ETFs as Brent Crude Rallies 2% Amid Fading Peace Hope

Brent crude climbs above $98 as fading Iran-US peace hopes reignite oil ETFs like USO amid supply fears.

Zacks Investment Research Zacks Investment Research, 11 days ago

Brent crude falls below $100 a barrel amid Middle East peace hopes – business live
Brent crude falls below $100 a barrel amid Middle East peace hopes – business live

Iran's Islamic Revolutionary Guard Corps navy has announced the strait of Hormuz could reopen following the end of ‘threats from aggressors'

The Guardian The Guardian, about 1 month ago

Stock Market Today: Brent Crude Steadies Near Multiyear High
Stock Market Today: Brent Crude Steadies Near Multiyear High

Stock futures tick up after Trump downplays Middle East tensions

WSJ WSJ, about 1 month ago

Positioning History

commercial and non-commercial positions
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