WTI Crude Oil (CL): COT Report, Price & Analysis CL

Track how "Smart Money" institutions are positioning themselves in WTI Crude Oil (CL). By analyzing the latest Commitments of Traders (COT) data from the WTI FINANCIAL CRUDE OIL - 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 WTI Crude Oil (CL)

About Crude Oil (WTI)

West Texas Intermediate (WTI) Crude Oil is the US benchmark and one of the world's most heavily traded and pivotal commodities. It serves as the primary energy source driving the global economy.

Primary Usage

It is refined into transportation fuels like gasoline, diesel, and jet fuel. It also provides the critical raw material (petrochemicals) for producing plastics, synthetic rubbers, fertilizers, and even pharmaceuticals.

Market Dynamics & Key Drivers

  • OPEC+ Policy: The production quotas and supply management decisions made by the Organization of the Petroleum Exporting Countries (and allies like Russia) artificially dictate global supply.
  • Geopolitics & Conflict: Disruptions (or the threat of disruptions) in major producing regions like the Middle East cause immediate price spikes.
  • Economic Growth: Oil demand is synonymous with economic activity; recessions destroy demand for travel and manufacturing, crashing prices.
Price
$96.50 / 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).
130,301
▼ 16.4%
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

WTI Crude Oil (CL) Price Chart

COT Charts

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
Jun 09, 2026 Bullish 130,301 360,524 230,223 919,786 1,090,512
Jun 02, 2026 Bullish 155,874 383,310 227,436 918,113 1,106,222
May 26, 2026 Bullish 160,998 378,088 217,090 900,997 1,096,470
May 19, 2026 Bullish 172,580 384,294 211,714 900,625 1,101,034
May 12, 2026 Bullish 169,877 371,491 201,614 958,509 1,154,643
May 05, 2026 Bullish 178,786 381,542 202,756 933,442 1,139,592
Apr 28, 2026 Bullish 191,911 390,683 198,772 890,950 1,110,604
Apr 21, 2026 Bullish 192,302 380,020 187,718 873,316 1,100,027
Apr 14, 2026 Bullish 206,541 390,468 183,927 891,010 1,137,945
Apr 07, 2026 Bullish 202,153 381,615 179,462 883,576 1,114,042
Mar 31, 2026 Bullish 27,118 58,919 31,801 131,234 153,352
Mar 24, 2026 Bullish 25,100 58,169 33,069 121,639 146,135
Mar 17, 2026 Bullish 31,502 58,391 26,889 112,354 139,723
Mar 10, 2026 Bullish 30,364 56,076 25,712 107,852 132,501