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COT Report

The CFTC's weekly Commitments of Traders report, visualized — how large traders are positioned across currencies, indices, metals, energy, rates and crypto. Toggle between the broad non-commercial cut and the sharper money-manager cut (Managed Money for commodities, Leveraged Funds for financials). Bars show the long/short split; the table adds week-over-week change and how stretched positioning is versus its own 3-year history.

Latest report — positions as of Aug 25, 2026 (released the following Friday). Source: CFTC.
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Not financial advice. COT is a weekly, delayed snapshot for general information and education only — not a recommendation, signal, or offer. Positioning is not a timing tool; extremes can persist.

Trader group Non-commercial Money managers Managed Money (commodities) · Leveraged Funds (financials) — the hedge-fund cut
Long Short Money managers · % of long+short · sorted most-short → most-long
100%75%50% 25%0%
WTI
NATGAS
ULSD
RBOB
MarketLong/Short % LongNetΔ Net (wk)Positioning
percentile (3y)
WTICrude Oil (WTI)
Energy · Managed Money
36.7% -10,359 +337 97 crowded long
NATGASNatural Gas
Energy · Managed Money
44.1% -71,673 +28,407 43
ULSDHeating Oil (ULSD)
Energy · Managed Money
63.5% 16,641 +758 68
RBOBGasoline (RBOB)
Energy · Managed Money
87.6% 79,652 +5,571 97 crowded long

How to read it: "Net" is non-commercial long minus short contracts. The percentile ranks today's net-as-%-of-open-interest against the last ~3 years — high = speculators unusually long (crowded), low = unusually short. Updated weekly after the CFTC release.