Onyx’s in-house CTA positioning model determines the net positioning of CTAs in a range of futures benchmarks. CTA positioning in Brent futures increased by 73% in the week ending 14 Jul, although positioning remains below zero at -1.8k lots. Positioning in WTI futures climbed by a significant 187% w/w, flipping from -2k lots to +1.9k lots in the week ending 14 Jul. In refined fuel, ICE LS gasoil and NYMEX heating oil recorded a 15% and 36% increase w/w, although RBOB futures recorded a 300% increase in this time from -2.4k lots to +4.8k lots.
Click below to explore our weekly CFTC COT reports, including a new report detailing historical Onyx COT data for key swap contracts.
