WTI MIDLAND ARGUS VS WTI TRADE COT Report, Disaggregated
Wednesday, October 28, 2026
Managed Money net -5,260 contracts in WTI MIDLAND ARGUS VS WTI TRADE, positions as of Tue 20 Oct 2026.
Data as of Positions as of Tue 20 Oct 2026; published Fri 23 Oct 2026
Positions as of Tue 20 Oct 2026 - published Fri 23 Oct 2026 (CFTC, Friday release)
Report family
Disaggregated
Basis
Futures only
Market
WTI MIDLAND ARGUS VS WTI TRADE - NEW YORK MERCANTILE EXCHANGE
CFTC contract code
067A71
Contract unit
Contracts Of 1,000 Barrels
Open interest, contracts
468,134
Change in open interest, contracts
+5,214
Latest report, futures only
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
438,354
291,850
-
+146,504
93.6
62.3
31.3
Swap Dealers
1,271
149,359
3,929
-148,088
0.3
31.9
-31.6
Managed Money
0
5,260
0
-5,260
0.0
1.1
-1.1
Other Reportables
13,859
0
1,260
+13,859
3.0
0.0
3.0
Total reportable
458,673
451,658
-
+7,015
98.0
96.5
1.5
Nonreportable
9,461
16,476
-
-7,015
2.0
3.5
-1.5
Managed Money: position against its own history
Weekly net, last 156 reports
Managed Money net, contracts
-5,260
Week change
+0
4-week change
+200
13-week change
+200
Net as % of open interest
-1.1%
Percentile, 1 year (52 weeks)
58
Percentile, 3 years (156 weeks)
65
Z-score, 52 weeks
-0.71
COT Index, 3 years
67
52-week high of net
+385
52-week low of net
-5,460
Traders and concentration
Category
Traders long
Traders short
Producer/Merchant/Processor/User
18
13
Swap Dealers
-
10
Managed Money
0
-
Other Reportables
-
0
Total reportable
21
26
Largest 4 traders, gross long
62.9%
Largest 4 traders, gross short
65.7%
Largest 8 traders, gross long
88.6%
Largest 8 traders, gross short
84.7%
Largest 4 traders, net long
62.8%
Largest 4 traders, net short
65.6%
Largest 8 traders, net long
88.4%
Largest 8 traders, net short
84.5%
Concentration is the share of open interest held by the largest traders, as published in the report.
Latest report, futures and options combined
Category
Long
Short
Spreading
Net
Long % of OI
Short % of OI
Net % of OI
Producer/Merchant/Processor/User
439,596
292,477
-
+147,119
93.7
62.3
31.3
Swap Dealers
1,271
149,359
3,929
-148,088
0.3
31.8
-31.5
Managed Money
0
5,875
0
-5,875
0.0
1.3
-1.3
Other Reportables
13,859
0
1,260
+13,859
3.0
0.0
3.0
Total reportable
459,915
452,900
-
+7,015
98.0
96.5
1.5
Nonreportable
9,461
16,476
-
-7,015
2.0
3.5
-1.5
The combined basis adds options converted to futures equivalents at exchange delta factors. The two bases are never mixed in one series; the history on this page is futures only.
Open interest by maturity split
All contract months, contracts
468,134
Old crop / nearest months, contracts
468,134
Other months, contracts
0
Recent reports, net by category
Report date
Open interest
Producer/Merchant/Processor/User
Swap Dealers
Managed Money
Other Reportables
Total reportable
Nonreportable
Tue 20 Oct 2026
468,134
+146,504
-148,088
-5,260
+13,859
+7,015
-7,015
Tue 13 Oct 2026
462,920
+139,484
-145,659
-5,260
+17,716
+6,281
-6,281
Tue 6 Oct 2026
430,701
+132,214
-136,029
-5,260
+17,984
+8,909
-8,909
Tue 29 Sep 2026
448,310
+136,667
-144,819
-5,460
+22,125
+8,513
-8,513
Tue 22 Sep 2026
422,178
+130,120
-139,286
-5,460
+22,125
+7,499
-7,499
Tue 15 Sep 2026
354,223
+128,294
-135,489
-5,460
+22,104
+9,449
-9,449
Tue 8 Sep 2026
329,028
+120,030
-127,538
-5,460
+21,825
+8,857
-8,857
Tue 1 Sep 2026
311,666
+118,737
-124,388
-5,460
+21,825
+10,714
-10,714
Tue 25 Aug 2026
322,519
+129,355
-135,885
-5,460
+26,561
+14,571
-14,571
Tue 18 Aug 2026
322,004
+129,655
-135,990
-5,460
+24,855
+13,060
-13,060
Spreading is calendar-spread positions. It prints as its own column and is not part of net. Percentile is the share of weeks in the window with a net at or below the current net. The COT Index places the current net within its 3-year range, 0 at the low and 100 at the high. Gauges print only when the window holds enough history. History is the series as currently published by the CFTC, including its corrections; first-release vintages are not kept. An extreme reading is a condition of crowding, not a buy or sell signal: speculative categories are trend followers and are usually largest near price extremes.
Source: CFTC Commitments of Traders, Disaggregated report, futures only unless stated. Positions as of Tue 20 Oct 2026, published Fri 23 Oct 2026.