Covering the October 21, 2026 session · COT 13 Oct
The complex had 5 of 19 markets higher on the 2026-10-21 close. The complex had 14 markets lower. Positioning is as of the 2026-10-13 Commitments of Traders report.
close21 Oct
COT report13 Oct
built22 Oct 11:48 UTC
All 23 markets
Market
Last
1d
1w
Net (MM)
z 52w
Energy
WTI Crude Oil
98.05
-3.67%
-3.31%
40,574
-0.48
Brent Crude Oil
110.04
+1.15%
+0.16%
2,703
-2.00
RBOB Gasoline
3.06
-1.75%
-5.34%
97,908
+1.80
Heating Oil (ULSD)
4.62
-6.17%
-5.67%
12,074
-0.30
Natural Gas
2.79
-6.01%
-10.62%
-126,481
-1.34
Precious Metals
Gold
4,135.70
-0.17%
-1.09%
107,089
-0.32
Silver
57.46
-0.43%
+0.82%
5,619
-1.47
Platinum
1,628.30
—
—
7,043
-0.67
Palladium
1,083.50
—
—
-10,699
-2.78
Base Metals
Copper
6.56
—
—
61,058
-0.23
Grains
Corn
4.64
+0.49%
-2.11%
246,425
+0.83
Wheat (SRW)
6.28
-2.33%
-4.88%
-32,555
+0.27
Wheat (HRW)
6.74
-2.50%
-4.30%
17,345
+0.39
Soybeans
12.46
-0.16%
-1.19%
249,807
+1.31
Soybean Oil
0.66
-1.17%
-1.76%
87,972
+0.29
Soybean Meal
348.10
-0.17%
-2.52%
204,643
+1.92
Softs
Sugar No. 11
0.20
-0.24%
-1.82%
259,549
+2.29
Coffee C
3.17
+1.72%
+3.62%
15,270
-1.45
Cocoa
5,839.00
+0.66%
+3.44%
-11,921
-0.48
Cotton No. 2
0.81
+0.16%
+1.26%
58,025
+0.94
Livestock
Live Cattle
2.31
—
—
48,218
-1.82
Feeder Cattle
3.46
-0.07%
+0.60%
9,339
-1.26
Lean Hogs
0.66
-2.08%
-1.76%
-48,617
-1.38
Cross-section of 23 commodity markets | n 23 | WTI Crude Oil last 98.05 1d -3.67% net 40574 z -0.47694413472953084 | Brent Crude Oil last 110.04 1d 1.15% net 2703 z -2.004950291837923 | RBOB Gasoline last 3.0626 1d -1.75% net 97908 z 1.8002046978882535 | Heating Oil (ULSD) last 4.6212 1d -6.17% net 12074 z -0.3005778680949688 | Natural Gas last 2.785 1d -6.01% net -126481 z -1.340028809331997 | Gold last 4135.7002 1d -0.17% net 107089 z -0.31904053353826356 | Silver last 57.46 1d -0.43% net 5619 z -1.471867624877846 | Platinum last 1628.3 1d None% net 7043 z -0.6743426254846562 | Palladium last 1083.5 1d None% net -10699 z -2.779281951763446 | Copper last 6.5565 1d None% net 61058 z -0.22678811407658042 | Corn last 4.6425 1d 0.49% net 246425 z 0.8272642362887085 | Wheat (SRW) last 6.2825 1d -2.33% net -32555 z 0.267267154057916 | Wheat (HRW) last 6.7375 1d -2.5% net 17345 z 0.3901044148646777 | Soybeans last 12.4625 1d -0.16% net 249807 z 1.3081779890729202 | Soybean Oil last 0.6595 1d -1.17% net 87972 z 0.28685803971167956 | Soybean Meal last 348.1 1d -0.17% net 204643 z 1.9195515912851917 | Sugar No. 11 last 0.2047 1d -0.24% net 259549 z 2.2867034630543555 | Coffee C last 3.1665 1d 1.72% net 15270 z -1.4533905113159455 | Cocoa last 5839.0 1d 0.66% net -11921 z -0.4794897830418101 | Cotton No. 2 last 0.8101 1d 0.16% net 58025 z 0.9407858367101793 | Live Cattle last 2.3105 1d None% net 48218 z -1.8230922149468114 | Feeder Cattle last 3.45675 1d -0.07% net 9339 z -1.2610128270121361 | Lean Hogs last 0.6575 1d -2.08% net -48617 z -1.3756874252710922
Net position is managed money longs minus shorts, in contracts; a positive number is a net long. Net positions are as of the 13 Oct report; prices are the 21 Oct close.
Energy
Energy was softer, 4 of 5 lower.
Energy was softer, 4 of 5 lower. Heating Oil (ULSD) fell 6.17%, with the book net long.
Energy — session changeEnergy — one-session change | n 5 | Range: -6.17% to +1.15% | WTI Crude Oil -3.67%, Brent Crude Oil +1.15%, RBOB Gasoline -1.75%, Heating Oil (ULSD) -6.17%, Natural Gas -6.01%Energy — positioning, 52-week zEnergy — managed-money net, 52-week z | n 5 | WTI Crude Oil -0.48, Brent Crude Oil -2.00, RBOB Gasoline +1.80, Heating Oil (ULSD) -0.30, Natural Gas -1.34
Brent Crude Oil trimmed a washed out net long; RBOB Gasoline added to a extended net long; Natural Gas covered a heavily short net short.
WTI Crude Oil — price and positioningWTI Crude Oil price against managed-money net, 2025-10-21 to 2026-10-21 | price n 252 daily, range 55.27 to 112.95 $/bbl | net n 52 weekly | price sampled monthly: 2025-10-21 57.82, 2025-11-19 59.44, 2025-12-19 56.66, 2026-01-22 59.36, 2026-02-23 66.31, 2026-03-24 92.35, 2026-04-23 95.85, 2026-05-22 96.60, 2026-06-24 70.34, 2026-07-24 89.31, 2026-08-24 85.01, 2026-09-23 92.16, 2026-10-21 98.05 | net sampled monthly: 2025-10-21 -38,154, 2025-11-18 -12,671, 2025-12-16 74, 2026-01-13 47,570, 2026-02-10 79,146, 2026-03-10 92,122, 2026-04-07 78,700, 2026-05-05 70,791, 2026-06-02 90,765, 2026-06-30 81,282, 2026-07-28 92,943, 2026-08-25 84,020, 2026-09-22 101,828, 2026-10-13 40,574Brent Crude Oil — price and positioningBrent Crude Oil price against managed-money net, 2025-10-21 to 2026-10-21 | price n 258 daily, range 58.92 to 118.35 $/bbl | net n 52 weekly | price sampled monthly: 2025-10-21 61.32, 2025-11-19 63.51, 2025-12-18 59.82, 2026-01-20 64.92, 2026-02-18 70.35, 2026-03-19 108.65, 2026-04-20 95.48, 2026-05-19 111.28, 2026-06-18 79.85, 2026-07-17 88.10, 2026-08-17 90.87, 2026-09-15 108.75, 2026-10-14 106.06, 2026-10-21 110.04 | net sampled monthly: 2025-10-21 11,000, 2025-11-18 16,738, 2025-12-16 10,924, 2026-01-13 17,713, 2026-02-10 14,238, 2026-03-10 14,194, 2026-04-07 15,620, 2026-05-05 17,049, 2026-06-02 6,799, 2026-06-30 6,498, 2026-07-28 15,740, 2026-08-25 7,126, 2026-09-22 5,008, 2026-10-13 2,703RBOB Gasoline — price and positioningRBOB Gasoline price against managed-money net, 2025-10-21 to 2026-10-21 | price n 253 daily, range 1.68 to 3.77 $/gal | net n 52 weekly | price sampled monthly: 2025-10-21 1.83, 2025-11-19 1.93, 2025-12-19 1.71, 2026-01-22 1.82, 2026-02-23 1.99, 2026-03-24 3.15, 2026-04-23 3.46, 2026-05-22 3.45, 2026-06-24 2.88, 2026-07-24 3.40, 2026-08-24 3.27, 2026-09-22 3.49, 2026-10-21 3.06 | net sampled monthly: 2025-10-21 36,103, 2025-11-18 99,395, 2025-12-16 62,939, 2026-01-13 57,380, 2026-02-10 79,741, 2026-03-10 76,098, 2026-04-07 59,177, 2026-05-05 65,703, 2026-06-02 67,773, 2026-06-30 71,924, 2026-07-28 73,877, 2026-08-25 79,652, 2026-09-22 96,038, 2026-10-13 97,908Heating Oil (ULSD) — price and positioningHeating Oil (ULSD) price against managed-money net, 2025-10-21 to 2026-10-21 | price n 252 daily, range 2.06 to 5.26 $/gal | net n 52 weekly | price sampled monthly: 2025-10-21 2.21, 2025-11-19 2.64, 2025-12-19 2.12, 2026-01-22 2.37, 2026-02-23 2.68, 2026-03-24 4.29, 2026-04-23 3.99, 2026-05-22 3.89, 2026-06-24 3.18, 2026-07-24 4.18, 2026-08-24 4.27, 2026-09-23 4.78, 2026-10-21 4.62 | net sampled monthly: 2025-10-21 11,948, 2025-11-18 38,656, 2025-12-16 12,455, 2026-01-13 -5,460, 2026-02-10 20,575, 2026-03-10 20,439, 2026-04-07 17,766, 2026-05-05 11,779, 2026-06-02 11,997, 2026-06-30 8,481, 2026-07-28 11,246, 2026-08-25 16,641, 2026-09-22 9,437, 2026-10-13 12,074Natural Gas — price and positioningNatural Gas price against managed-money net, 2025-10-21 to 2026-10-21 | price n 252 daily, range 2.52 to 7.46 $/MMBtu | net n 52 weekly | price sampled monthly: 2025-10-21 3.47, 2025-11-19 4.55, 2025-12-19 3.98, 2026-01-22 5.04, 2026-02-23 2.98, 2026-03-24 2.94, 2026-04-23 2.61, 2026-05-22 2.91, 2026-06-24 3.22, 2026-07-24 2.87, 2026-08-24 2.78, 2026-09-23 3.02, 2026-10-21 2.79 | net sampled monthly: 2025-10-21 -45,917, 2025-11-18 -59,654, 2025-12-16 -66,328, 2026-01-13 -105,134, 2026-02-10 -8,188, 2026-03-10 -62,982, 2026-04-07 -86,033, 2026-05-05 -107,489, 2026-06-02 -114,854, 2026-06-30 -64,808, 2026-07-28 -105,826, 2026-08-25 -71,673, 2026-09-22 -65,547, 2026-10-13 -126,481
Base Metals is not available in this edition: no market in the section carries a session price.
Base Metals — session changeBase Metals | no data available for this section | n 0Base Metals — positioning, 52-week zBase Metals — managed-money net, 52-week z | n 1 | Copper -0.23
Copper — price and positioningCopper price against managed-money net, 2025-10-21 to 2026-10-21 | price n 253 daily, range 4.93 to 6.80 $/lb | net n 52 weekly | price sampled monthly: 2025-10-21 4.93, 2025-11-19 5.01, 2025-12-19 5.44, 2026-01-22 5.74, 2026-02-23 5.77, 2026-03-24 5.42, 2026-04-23 6.08, 2026-05-22 6.34, 2026-06-24 5.94, 2026-07-24 6.32, 2026-08-24 6.60, 2026-09-22 6.76, 2026-10-21 6.56 | net sampled monthly: 2025-10-21 56,676, 2025-11-18 61,603, 2025-12-16 75,134, 2026-01-13 63,391, 2026-02-10 55,564, 2026-03-10 47,676, 2026-04-07 38,393, 2026-05-05 63,473, 2026-06-02 75,747, 2026-06-30 59,703, 2026-07-28 65,008, 2026-08-25 76,271, 2026-09-22 82,522, 2026-10-13 61,058
Books against the sessionManaged-money 52-week z against one-session change | n 19 | WTI Crude Oil z -0.48 chg -3.67%, Brent Crude Oil z -2.00 chg +1.15%, RBOB Gasoline z +1.80 chg -1.75%, Heating Oil (ULSD) z -0.30 chg -6.17%, Natural Gas z -1.34 chg -6.01%, Gold z -0.32 chg -0.17%, Silver z -1.47 chg -0.43%, Corn z +0.83 chg +0.49%, Wheat (SRW) z +0.27 chg -2.33%, Wheat (HRW) z +0.39 chg -2.50%, Soybeans z +1.31 chg -0.16%, Soybean Oil z +0.29 chg -1.17%, Soybean Meal z +1.92 chg -0.17%, Sugar No. 11 z +2.29 chg -0.24%, Coffee C z -1.45 chg +1.72%, Cocoa z -0.48 chg +0.66%, Cotton No. 2 z +0.94 chg +0.16%, Feeder Cattle z -1.26 chg -0.07%, Lean Hogs z -1.38 chg -2.08%
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. Platinum: the two closes belong to two different contracts (PLV26.NYM then PLX26.NYM) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Palladium: the two closes belong to two different contracts (PAV26.NYM then PAX26.NYM) — the change is the calendar spread, not a session move. The level shown is current; the change is withheld. Copper: the two closes belong to two different contracts (HGV26.CMX then HGX26.CMX) — 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.