RoboMacro Research

Commodities Daily

Energy 0-for-5 as RBOB drops 10.11%; precious lower, copper and soy products bid

August 28, 2026
Covering the August 28, 2026 session · COT 18 Aug

Energy closed 0-for-5, RBOB Gasoline off 10.11% to $3.0419/gal, Brent -4.82% to $88.24/bbl and WTI -2.83% to $83.9/bbl. Precious metals finished 0-for-4, gold -1.35% at $4568.95/oz; copper rose 0.75% to $6.6365/lb. Soybean meal gained 5.63% and soybean oil 4.4%, sugar fell 3.46%, and feeder cattle dropped 5.09% against a 1.58% rise in lean hogs.

close28 Aug
COT report18 Aug
built29 Aug 00:12 UTC
price dates span3d

All 23 markets

MarketLast1d1wNet (MM)z 52w
Energy
WTI Crude Oil83.90-2.83%-6.52%87,479+0.91
Brent Crude Oil88.24-4.82%-6.13%6,836-1.11
RBOB Gasoline3.04-10.11%-9.14%74,081+0.63
Heating Oil (ULSD)4.19-1.92%-8.36%15,883-0.07
Natural Gas2.70-4.59%-8.16%-100,080-0.84
Precious Metals
Gold4,568.95-1.35%-0.29%141,648+1.25
Silver68.47-0.04%-1.50%11,695-0.50
Platinum1,821.30-1.92%-3.58%7,214-0.76
Palladium1,307.95-2.61%-3.89%-5,317-1.15
Base Metals
Copper6.64+0.75%+0.87%78,648+1.56
Grains
Corn5.36——181,692+1.05
Wheat (SRW)7.83——-25,328+0.79
Wheat (HRW)8.45——31,497+1.25
Soybeans12.88——151,782+0.44
Soybean Oil0.71+4.40%+2.36%91,233+0.50
Soybean Meal348.80+5.63%+9.79%83,315+0.82
Softs
Sugar No. 110.18-3.46%-0.28%138,613+4.23
Coffee C3.13——31,612-0.04
Cocoa6,636.00——-9,371-0.36
Cotton No. 20.92——72,672+1.76
Livestock
Live Cattle2.12——62,967-2.39
Feeder Cattle3.17-5.09%-5.38%10,261-1.51
Lean Hogs0.82+1.58%+1.27%-28,997-1.50
Cross-section of 23 commodity markets | n 23 | WTI Crude Oil last 83.9 1d -2.83% net 87479 z 0.9091183751569065 | Brent Crude Oil last 88.24 1d -4.82% net 6836 z -1.1055818645867017 | RBOB Gasoline last 3.0419 1d -10.11% net 74081 z 0.6256050016648153 | Heating Oil (ULSD) last 4.186 1d -1.92% net 15883 z -0.0673999694064111 | Natural Gas last 2.7 1d -4.59% net -100080 z -0.8355577191596683 | Gold last 4568.95 1d -1.35% net 141648 z 1.2486467726983044 | Silver last 68.47 1d -0.04% net 11695 z -0.49763849039193675 | Platinum last 1821.3 1d -1.92% net 7214 z -0.7638605982868943 | Palladium last 1307.95 1d -2.61% net -5317 z -1.1509466602508454 | Copper last 6.6365 1d 0.75% net 78648 z 1.563804256759736 | Corn last 5.3625 1d None% net 181692 z 1.0497255421267233 | Wheat (SRW) last 7.835 1d None% net -25328 z 0.7900038009387335 | Wheat (HRW) last 8.45 1d None% net 31497 z 1.247671333519698 | Soybeans last 12.8775 1d None% net 151782 z 0.4372966477294431 | Soybean Oil last 0.7099 1d 4.4% net 91233 z 0.5000161748278489 | Soybean Meal last 348.8 1d 5.63% net 83315 z 0.8238769296118383 | Sugar No. 11 last 0.1756 1d -3.46% net 138613 z 4.2308841133385 | Coffee C last 3.126 1d None% net 31612 z -0.03645995905571263 | Cocoa last 6636.0 1d None% net -9371 z -0.36434361161446616 | Cotton No. 2 last 0.9154 1d None% net 72672 z 1.7572140561069762 | Live Cattle last 2.11825 1d None% net 62967 z -2.3939919016692963 | Feeder Cattle last 3.1675 1d -5.09% net 10261 z -1.5086787580875425 | Lean Hogs last 0.819 1d 1.58% net -28997 z -1.5031275846430767

Net position is managed money longs minus shorts, in contracts; a positive number is a net long. Net positions are as of the 18 Aug report; prices are the 28 Aug close.

Energy

Energy was softer, 5 of 5 lower.

WTI settled at $83.9/bbl, -2.83%, and Brent at $88.24/bbl, -4.82%, with Venezuela considering leaving OPEC, while RBOB Gasoline plunged 10.11% to $3.0419/gal, Heating Oil fell 1.92% to $4.186/gal and Natural Gas lost 4.59% to $2.7/MMBtu; managed-money nets stood at 87479 in WTI (+7563), 6836 in Brent (-248), 74081 in RBOB (+4230), 15883 in heating oil (+2309) and -100080 in gas (+10550) as of the Aug 18 COT.

Brent Crude Oil trimmed a heavily short net long.

Headlines

Precious Metals

Precious Metals were softer, 4 of 4 lower.

Gold fell 1.35% to $4568.95/oz, silver -0.04% to $68.47/oz, platinum -1.92% to $1821.3/oz and palladium -2.61% to $1307.95/oz, with managed-money nets at 141648 (+3986) in gold, 11695 (+537) in silver, 7214 (-504) in platinum and -5317 (-370) in palladium per the Aug 18 COT.

Gold added to a extended net long; Palladium added to a heavily short net short.

Headlines

Base Metals

Base Metals were firmer, 1 of 1 higher.

Copper rose 0.75% to $6.6365/lb, managed-money net 78648 (-379) as of the Aug 18 COT.

Copper trimmed a extended net long.

Headlines

Grains

Grains were firmer, 2 of 2 higher.

Soybean Meal jumped 5.63% to $348.8/short ton and Soybean Oil 4.4% to $0.7099/lb, with Corn last at $5.3625/bu, SRW wheat $7.835/bu, HRW wheat $8.45/bu and Soybeans $12.8775/bu; managed-money nets were 181692 (+55817) in corn, -25328 (+8072) in SRW, 31497 (+5891) in HRW, 151782 (+42673) in soybeans, 91233 (+11949) in soy oil and 83315 (+9625) in meal as of the Aug 18 COT.

Corn added to a extended net long; Wheat (HRW) added to a extended net long.

Headlines

Softs

Softs were softer, 1 of 1 lower.

Sugar No. 11 fell 3.46% to $0.1756/lb with managed-money net at 138613 (+95029); Coffee C last $3.126/lb, Cocoa $6636.0/mt and Cotton No. 2 $0.9154/lb, nets 31612 (-821), -9371 (-2704) and 72672 (+5892) respectively on the Aug 18 COT.

Sugar No. 11 added to a stretched net long; Cotton No. 2 added to a extended net long.

Headlines

Livestock

Livestock was mixed, 1 of 2 higher.

Feeder Cattle dropped 5.09% to $3.1675/lb and Lean Hogs rose 1.58% to $0.819/lb, Live Cattle last at $2.11825/lb; managed-money nets were 62967 (-2982) in live cattle, 10261 (-641) in feeders and -28997 (-4634) in hogs as of the Aug 18 COT.

Live Cattle trimmed a washed out net long; Feeder Cattle trimmed a heavily short net long; Lean Hogs added to a heavily short net short.

Headlines

Books against the session

Managed-money net position expressed as a z-score over 52 weeks, against the session price change. Live cross-section.

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Contract rolls. A continuous front-month series is two different contracts either side of a roll, and the change across that seam measures the calendar spread rather than the tape. Corn: the two closes belong to two different contracts (ZCU26.CBT then ZCZ26.CBT) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Wheat (SRW): the two closes belong to two different contracts (ZWU26.CBT then ZWZ26.CBT) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Wheat (HRW): the two closes belong to two different contracts (KEU26.CBT then KEZ26.CBT) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Soybeans: the two closes belong to two different contracts (ZSU26.CBT then ZSX26.CBT) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Coffee C: the two closes belong to two different contracts (KCU26.NYB then KCZ26.NYB) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Cocoa: the two closes belong to two different contracts (CCU26.NYB then CCZ26.NYB) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Cotton No. 2: the two closes belong to two different contracts (CTV26.NYB then CTZ26.NYB) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Live Cattle: the two closes belong to two different contracts (LEQ26.CME then LEV26.CME) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld.