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CFTC WEEKLY ANALYSIS

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Brent Buying

Funds buy Brent, boost HO, but stay risk-off in WTI, gasoil and nat gas.
13 page report
20 July 2026

CFTC Weekly: Risk on in Products

Outright length in Brent lowest since December
13 page report
13 July 2026

CFTC Weekly: Funds Bearish Crude

Funds stayed bearish in crude, added shorts in products
13 page report
6 July 2026

ICE COT: Funds Keep Selling Brent

Funds turned more bearish in Brent, long:short ratio fell to the 8th percentile.
13 page report
29 June 2026

CFTC Weekly: Funds Sell Brent

Brent shorts surged, RBOB and heating oil shorts rose, gasoil length rebounded; nat gas sentiment stayed weak.
13 page report
22 June 2026

Brent shorts rise for tenth straight week

Money managers removed 24.8mb (-6.8%) from their longs and added 4mb (+3.5%) to their shorts in Brent futures....
13 page report
15 June 2026

Brent net longs fall to lowest since March

Producers/merchants were risk-off in Brent futures, removing 102mb (-11%) and 141mb (-9.5%) from their longs and shorts respectively....
13 page report
8 June 2026

Bearish Funds Flock To Crude Futures

Speculative shorts in crude futures positions highest since the start of Iran war; Open interest declines across refined product futures
13 page report
31 May 2026

Bearish Buildup

Brent speculative shorts rise for seven consecutive weeks on increasing optimism for Strait reopening; shorts rise across refined products
13 page report
25 May 2026

Anticipating Peace

Speculators turn bearish in Brent on improved ceasefire prospects; Heating Oil net positions fall to 4-month lows
13 page report
18 May 2026

Brent Bears Return

Short spec positions in Brent rise by 17% w/w, RBOB futures net positions rise to 6-week highs; short spec Heating Oil positions rise
13 page report
11 May 2026

Risk On, Risk Off

Money managers risk-on in Brent, long prod/merc positions down 20% since start of conflict; OI drops in gasoil and RBOB
13 page report
4 May 2026

Sidelined

Brent open interest falls to 8-month lows; specs add length to refined products; CTA net length rises
13 page report
27 April 2026