Monday, February 16, 2015

WTI Crude Oil COT Report February 13, 2015

Looking at last week's COT Report for WTI Crude Oil Options and Futures combined as well as NYMEX and ICE combined, we can observe a total Open Interest of 3,474,449 of which Managed Money is overwhelmingly long positioned with 342,819 long contracts and 119,517 short contracts. We can see in the Managed Money section a long liquidation of 11,346 contracts and a short covering of 12,147 contracts makes a net buying of 801 contracts in the week ended February 10.

Long Liquidation = Long position close
Short Covering = Short position close

Altogether the US Total Petroleum (RBOB Gasoline, Heating Oil etc.) Futures and Options Combined as of February 10, 2015 shows a Total Open Interest of 4,302,505 of which Managed Money are long positioned with 463,419 contracts and short positioned with 219,013 contracts. In the week ended February 10, long positions decreased by 12,801 and short positions decreased by 11,896 with net selling of 905 contracts.

Source: COT Reports