Crude Oil
Crude Oil (WTI)
Week of September 29, 2026
MIXED
Smart money is net long and reducing.
2Y percentile: 38th, Below average
Weekly change: -22,236 contracts
Weekly Changes
Producer/Merchant+16.6K
Managed Money-22.2K
Swap Dealer+10.6K
Other Reportable-9.4K
Positioning Percentile (2Y)
Producer/Merchant
87thWell above average
050100
Managed Money
38thBelow average
050100
Swap Dealer
38thBelow average
050100
Other Reportable
11thWell below average
050100
Full Stats Table
| Trader Type | Net Position | Weekly Change | 2Y Percentile | 5Y Percentile |
|---|---|---|---|---|
| Producer/Merchant | +319.5K | +16.6K | 87th | 95th |
| Managed Money | +79.6K | -22.2K | 38th | 19th |
| Swap Dealer | -462.2K | +10.6K | 38th | 22nd |
| Other Reportable | +29.9K | -9.4K | 11th | 5th |
About Crude Oil Positioning
The most important commodity on earth. Crude positioning captures OPEC policy bets, global demand expectations, and geopolitical risk premiums. Producer hedging surges signal that the industry is locking in prices. They know something. Managed money positioning at extremes has historically preceded major oil price reversals.