Covering the September 24, 2026 session · COT 15 Sep
The complex had 4 of 17 markets higher on the 2026-09-24 close. The complex had 13 markets lower. Positioning is as of the 2026-09-15 Commitments of Traders report.
close24 Sep
COT report15 Sep
built25 Sep 11:47 UTC
price dates span2d
All 23 markets
Market
Last
1d
1w
Net (MM)
z 52w
Energy
WTI Crude Oil
96.41
-0.58%
-6.59%
106,279
+1.18
Brent Crude Oil
114.89
-1.08%
-5.19%
7,896
-1.05
RBOB Gasoline
3.33
-7.03%
-5.47%
83,171
+1.04
Heating Oil (ULSD)
5.01
+0.60%
-3.23%
12,700
-0.30
Natural Gas
2.90
-1.02%
+0.00%
-100,205
-0.75
Precious Metals
Gold
4,284.45
-1.04%
-1.46%
133,116
+1.04
Silver
65.19
-0.69%
-2.76%
13,124
-0.19
Platinum
1,768.10
-2.54%
-1.40%
8,972
-0.32
Palladium
1,272.25
-3.45%
-3.29%
-5,688
-1.40
Base Metals
Copper
6.78
+1.53%
+2.49%
65,106
+0.27
Grains
Corn
5.26
-0.47%
-0.19%
414,460
+2.10
Wheat (SRW)
7.06
-0.39%
-1.19%
-3,674
+1.14
Wheat (HRW)
7.66
-0.81%
-2.33%
44,413
+1.41
Soybeans
13.16
-0.11%
+1.00%
241,501
+1.36
Soybean Oil
0.67
—
—
101,480
+0.56
Soybean Meal
371.20
—
—
183,111
+1.91
Softs
Sugar No. 11
0.19
—
—
225,430
+2.87
Coffee C
2.77
+0.25%
-6.09%
20,661
-1.10
Cocoa
5,594.00
+1.19%
+5.01%
-9,539
-0.26
Cotton No. 2
0.83
—
—
91,935
+1.68
Livestock
Live Cattle
2.21
—
—
47,696
-2.32
Feeder Cattle
3.28
-2.48%
-1.62%
7,211
-1.87
Lean Hogs
0.70
—
—
-37,768
-1.40
Cross-section of 23 commodity markets | n 23 | WTI Crude Oil last 96.41 1d -0.58% net 106279 z 1.1808618618577509 | Brent Crude Oil last 114.89 1d -1.08% net 7896 z -1.0452757566101636 | RBOB Gasoline last 3.3348 1d -7.03% net 83171 z 1.0440163520061463 | Heating Oil (ULSD) last 5.007 1d 0.6% net 12700 z -0.30347743062330473 | Natural Gas last 2.9 1d -1.02% net -100205 z -0.7471932750823456 | Gold last 4284.45 1d -1.04% net 133116 z 1.038859100631731 | Silver last 65.185 1d -0.69% net 13124 z -0.18953033314822898 | Platinum last 1768.1 1d -2.54% net 8972 z -0.321104703515973 | Palladium last 1272.25 1d -3.45% net -5688 z -1.3956382159343474 | Copper last 6.78 1d 1.53% net 65106 z 0.2701723358354456 | Corn last 5.265 1d -0.47% net 414460 z 2.0959837504146073 | Wheat (SRW) last 7.0575 1d -0.39% net -3674 z 1.1411518124050017 | Wheat (HRW) last 7.655 1d -0.81% net 44413 z 1.4095874161105306 | Soybeans last 13.165 1d -0.11% net 241501 z 1.3550466299652308 | Soybean Oil last 0.6747 1d None% net 101480 z 0.5608763930221552 | Soybean Meal last 371.2 1d None% net 183111 z 1.9057902771564723 | Sugar No. 11 last 0.1863 1d None% net 225430 z 2.871263328814282 | Coffee C last 2.766 1d 0.25% net 20661 z -1.0989974642759732 | Cocoa last 5594.0 1d 1.19% net -9539 z -0.26174554647530074 | Cotton No. 2 last 0.8336 1d None% net 91935 z 1.6830085311635536 | Live Cattle last 2.2105 1d None% net 47696 z -2.3217417911343126 | Feeder Cattle last 3.28175 1d -2.48% net 7211 z -1.8675767367061642 | Lean Hogs last 0.6965 1d None% net -37768 z -1.4014683213215982
Net position is managed money longs minus shorts, in contracts; a positive number is a net long. Net positions are as of the 15 Sep report; prices are the 24 Sep close.
Energy
Energy was softer, 4 of 5 lower.
Energy was softer, 4 of 5 lower. RBOB Gasoline fell 7.03%, with the book net long.
Energy — session changeEnergy — one-session change | n 5 | Range: -7.03% to +0.60% | WTI Crude Oil -0.58%, Brent Crude Oil -1.08%, RBOB Gasoline -7.03%, Heating Oil (ULSD) +0.60%, Natural Gas -1.02%Energy — positioning, 52-week zEnergy — managed-money net, 52-week z | n 5 | WTI Crude Oil +1.18, Brent Crude Oil -1.05, RBOB Gasoline +1.04, Heating Oil (ULSD) -0.30, Natural Gas -0.75
WTI Crude Oil trimmed a extended net long; Brent Crude Oil added to a heavily short net long; RBOB Gasoline trimmed a extended net long.
WTI Crude Oil — price and positioningWTI Crude Oil price against managed-money net, 2025-09-24 to 2026-09-22 | price n 250 daily, range 55.44 to 114.58 $/bbl | net n 51 weekly | price sampled monthly: 2025-09-24 65.40, 2025-10-23 62.44, 2025-11-21 58.86, 2025-12-23 58.55, 2026-01-26 60.46, 2026-02-25 65.30, 2026-03-26 96.18, 2026-04-27 99.89, 2026-05-27 92.35, 2026-06-26 70.30, 2026-07-28 80.91, 2026-08-26 83.46, 2026-09-22 96.41 | net sampled monthly: 2025-09-30 14,053, 2025-10-28 -8,600, 2025-11-25 -37,010, 2025-12-23 11,360, 2026-01-20 47,500, 2026-02-17 63,785, 2026-03-17 96,371, 2026-04-14 98,368, 2026-05-12 72,801, 2026-06-09 94,725, 2026-07-07 64,041, 2026-08-04 86,958, 2026-09-01 94,281, 2026-09-15 106,279Brent Crude Oil — price and positioningBrent Crude Oil price against managed-money net, 2025-09-24 to 2026-09-22 | price n 256 daily, range 59.93 to 138.21 $/bbl | net n 51 weekly | price sampled monthly: 2025-09-24 69.64, 2025-10-23 66.32, 2025-11-21 62.78, 2025-12-22 62.22, 2026-01-22 65.46, 2026-02-20 72.75, 2026-03-23 103.79, 2026-04-22 113.44, 2026-05-21 105.84, 2026-06-22 76.49, 2026-07-21 93.85, 2026-08-19 92.37, 2026-09-17 121.18, 2026-09-22 114.89 | net sampled monthly: 2025-09-30 6,116, 2025-10-28 11,353, 2025-11-25 13,947, 2025-12-23 14,950, 2026-01-20 14,220, 2026-02-17 10,836, 2026-03-17 13,317, 2026-04-14 14,323, 2026-05-12 15,063, 2026-06-09 7,755, 2026-07-07 12,356, 2026-08-04 6,691, 2026-09-01 5,307, 2026-09-15 7,896RBOB Gasoline — price and positioningRBOB Gasoline price against managed-money net, 2025-09-24 to 2026-09-24 | price n 253 daily, range 1.68 to 3.77 $/gal | net n 51 weekly | price sampled monthly: 2025-09-24 2.02, 2025-10-23 1.93, 2025-11-21 1.88, 2025-12-23 1.74, 2026-01-26 1.82, 2026-02-25 1.99, 2026-03-26 3.13, 2026-04-27 3.49, 2026-05-27 3.13, 2026-06-26 2.96, 2026-07-28 3.33, 2026-08-26 3.32, 2026-09-24 3.33 | net sampled monthly: 2025-09-30 53,565, 2025-10-28 50,255, 2025-11-25 89,653, 2025-12-23 52,651, 2026-01-20 60,994, 2026-02-17 77,784, 2026-03-17 78,523, 2026-04-14 56,451, 2026-05-12 62,935, 2026-06-09 64,125, 2026-07-07 71,249, 2026-08-04 69,885, 2026-09-01 89,215, 2026-09-15 83,171Heating Oil (ULSD) — price and positioningHeating Oil (ULSD) price against managed-money net, 2025-09-24 to 2026-09-22 | price n 250 daily, range 2.09 to 5.37 $/gal | net n 51 weekly | price sampled monthly: 2025-09-24 2.42, 2025-10-23 2.44, 2025-11-21 2.49, 2025-12-23 2.25, 2026-01-26 2.32, 2026-02-25 2.73, 2026-03-26 4.29, 2026-04-27 4.01, 2026-05-27 3.67, 2026-06-26 3.22, 2026-07-28 4.16, 2026-08-26 4.23, 2026-09-22 5.01 | net sampled monthly: 2025-09-30 32,767, 2025-10-28 26,431, 2025-11-25 21,954, 2025-12-23 3,161, 2026-01-20 -443, 2026-02-17 12,880, 2026-03-17 24,319, 2026-04-14 16,582, 2026-05-12 9,770, 2026-06-09 9,507, 2026-07-07 4,786, 2026-08-04 11,097, 2026-09-01 20,344, 2026-09-15 12,700Natural Gas — price and positioningNatural Gas price against managed-money net, 2025-09-24 to 2026-09-22 | price n 250 daily, range 2.54 to 30.72 $/MMBtu | net n 51 weekly | price sampled monthly: 2025-09-24 2.88, 2025-10-23 3.34, 2025-11-21 4.13, 2025-12-23 3.38, 2026-01-26 25.01, 2026-02-25 3.02, 2026-03-26 2.99, 2026-04-27 2.72, 2026-05-27 3.13, 2026-06-26 3.26, 2026-07-28 2.65, 2026-08-26 2.81, 2026-09-22 2.90 | net sampled monthly: 2025-09-30 -31,166, 2025-10-28 -41,704, 2025-11-25 -65,346, 2025-12-23 -106,407, 2026-01-20 -77,101, 2026-02-17 -26,765, 2026-03-17 -44,628, 2026-04-14 -114,095, 2026-05-12 -120,065, 2026-06-09 -122,617, 2026-07-07 -60,295, 2026-08-04 -126,933, 2026-09-01 -89,481, 2026-09-15 -100,205
Books against the sessionManaged-money 52-week z against one-session change | n 17 | WTI Crude Oil z +1.18 chg -0.58%, Brent Crude Oil z -1.05 chg -1.08%, RBOB Gasoline z +1.04 chg -7.03%, Heating Oil (ULSD) z -0.30 chg +0.60%, Natural Gas z -0.75 chg -1.02%, Gold z +1.04 chg -1.04%, Silver z -0.19 chg -0.69%, Platinum z -0.32 chg -2.54%, Palladium z -1.40 chg -3.45%, Copper z +0.27 chg +1.53%, Corn z +2.10 chg -0.47%, Wheat (SRW) z +1.14 chg -0.39%, Wheat (HRW) z +1.41 chg -0.81%, Soybeans z +1.36 chg -0.11%, Coffee C z -1.10 chg +0.25%, Cocoa z -0.26 chg +1.19%, Feeder Cattle z -1.87 chg -2.48%
Managed-money net position expressed as a z-score over 52 weeks, against the session price change. Live cross-section.
Get this every weekday morning
The Commodities Daily lands before the US open with the previous session's close, managed-money positioning, and the tape across energy, metals, grains, softs and livestock. Free.
One-click unsubscribe in every email, and you can manage every RoboMacro newsletter from the same subscriptions page.
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. Soybean Oil: the two closes belong to two different contracts (ZLV26.CBT then ZLZ26.CBT) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Soybean Meal: the two closes belong to two different contracts (ZMV26.CBT then ZMZ26.CBT) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Sugar No. 11: the two closes belong to two different contracts (SBV26.NYB then SBH27.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 (LEV26.CME then LEZ26.CME) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Lean Hogs: the two closes belong to two different contracts (HEV26.CME then HEZ26.CME) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld.