Due to the US government shutdown, there is no CFTC COT data for the week ending 30 Sep. This includes WTI, RBOB, Heating Oil, and Henry Hub.Â
Money managers have been risk off in the week ending 30 Sep, trimming their ICE Brent futures long positions (-7mb, -2.23%) for a second week in a row; for this week they added 2.7mb (+2.35%) to their short positions. Money managers have decreased their net positionings, perhaps due to increasing OPEC+ supply announcements. Like money managers, swap positions trimmed longs by 21mb (-4.90%) and added 5mb (+9.41%) to their shorts, the largest percentage increase since Jun 2025. In contrast, producers/merchants added to their longs (+17mb, +1.58%), flipping their positioning from the week prior, while simultaneously liquidating shorts (-27mb, -1.87%) for the second consecutive week. Open interest decreased in the week ending 30 Sep, by 4mb (-0.15%), likely indicating longs taking profit.
