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WTI HOUSTON ARGUS/WTI TR MO

WTI HOUSTON ARGUS/WTI TR MO · NEW YORK MERCANTILE EXCHANGE · CFTC code 0676A5 · week ending 2026-08-11

Trader category
Range

Managed Money is net short 5.5% of open interest — elevated on the short side

Managed Money holds a net position of −24,365 contracts, or 5.5% of the 442,126 contracts of open interest, leaving the category net short. That is meaningfully below its three-year average, though short of an extreme (z = −1.99 and sits at 7 on a 0–100 scale of its three-year range). In contracts, the net position moved +0 while open interest moved −2,429 — little net change, positioning was essentially unchanged. That is −0.03pp as a share of open interest.

Net position as a share of open interest

Managed Money · blue above the line is net long, red below is net short

Open interest

The denominator. Positioning shares mean little without knowing whether the market itself is growing or shrinking.

Z-score vs its own 3-year history

Shaded beyond ±2σ. Measures how unusual today's share is for this market.

COT Index (0–100)

Rank within the 3-year range. Shaded below 10 and above 90.

Weekly flow, adjusted for open interest

Change in the net share week over week, in percentage points of open interest.

Who is on the other side

Net share of open interest by trader group. The groups net to zero — every long is someone's short.

Producer / Merchant Swap Dealer Managed Money Other Reportable Non-Reportable
Recent weeks (table view)
Week Open interest Net Net % OI Δ pp Z COT Idx
2026-08-11 442,126 −24,365 -5.51% -0.03 -1.99 7
2026-08-04 444,555 −24,365 -5.48% 0.00 -2.02 7
2026-07-28 477,234 −26,170 -5.48% 0.72 -2.07 7
2026-07-21 481,037 −29,865 -6.21% -0.03 -2.35 2
2026-07-14 477,850 −29,530 -6.18% -0.26 -2.40 2
2026-07-07 466,713 −27,625 -5.92% 0.34 -2.37 4
2026-06-30 439,255 −27,475 -6.25% 0.21 -2.55 1
2026-06-23 445,346 −28,780 -6.46% -1.72 -2.70 0
2026-06-16 413,918 −19,625 -4.74% 0.61 -2.16 7
2026-06-09 422,773 −22,620 -5.35% -0.37 -2.43 2
2026-06-02 425,447 −21,170 -4.98% -1.50 -2.35 5
2026-05-26 431,968 −15,005 -3.47% -0.88 -1.84 16