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Live CFTC

Gulf # 6 Fuel 3.0% Sulfur - New York Mercantile Exchange

02165A
AgricultureDisaggregated

Signal state

Neutral-14

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+8 pts

Target Exposure

-14%

Market History

Net Positioning History

Historical net positioning (Longs minus Shorts) for the reference trader group.

Compare Markets
Gulf # 6 Fuel 3.0% Sulfur - New York Mercantile ExchangeReference Group — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max4,8634,799+4,622+4,7991,289+1,35887.0%96.7%5,884
Min00-4,683-3,709-1,053-1,8630.0%0.0%1,756
13 Per. Avg1,9772,274+3+96-296-9346.2%54.7%4,183
Jan 27, 20262,9283,680-15-195-752+18076.6%96.2%3,824
Jan 20, 20262,9433,875-375-375-932+073.2%96.4%4,019
Jan 13, 20263,3184,250+1,218+1,097-932+12175.5%96.7%4,394
Dec 30, 20252,1003,153+805+2,668-1,053-1,86360.8%91.3%3,455
Jul 29, 20251,295485+489+0810+48926.8%10.1%4,827
Jul 22, 2025806485-2,516-3,061321+54517.5%10.5%4,604
Jul 15, 20253,3223,546-1,370-1,253-224-11775.4%80.5%4,403
Jul 1, 20254,6924,799+4,622+4,799-107-17779.7%81.6%5,884
Jun 24, 2025700-2,960-3,18470+2241.2%0.0%5,632
Jun 17, 20253,0303,184+2,636+2,461-154+17575.4%79.2%4,019
Jun 10, 2025394723+45+51-329-612.7%23.4%3,096
Jun 3, 2025349672-111-36-323-7513.0%25.0%2,688
May 27, 2025460708-2,431-1,720-248-71113.0%20.0%3,535
May 20, 20252,8912,428+2,694+1,720463+97487.0%73.0%3,325
May 13, 2025197708+197+638-511-4416.3%22.8%3,105
May 6, 2025070-4,683-3,709-70-9740.0%2.4%2,978
Apr 29, 20254,6833,779+1,037+660904+37784.4%68.1%5,548
Apr 22, 20253,6463,119-16-38527+2277.9%66.6%4,683
Apr 15, 20253,6623,157-369-242505-12777.4%66.7%4,732
Apr 8, 20254,0313,399-832-175632-65786.9%73.3%4,638
Apr 1, 20254,8633,574+2,042+1,7161,289+32686.6%63.6%5,617
Mar 25, 20252,8211,858+32+13963+1979.1%52.1%3,566
Mar 18, 20252,7891,845+2,729+1,371944+1,35878.0%51.6%3,574
Dec 24, 202460474-1,828-2,328-414+5003.4%27.0%1,756
Nov 26, 20241,8882,802+192+335-914-14355.5%82.3%3,403
Nov 19, 20241,6962,467+0+0-771+055.3%80.4%3,068

COT report

Longs vs shorts by trader category — week by week

Browse the official CFTC report week by week to see how each trader group's positioning has shifted. The WoW Δ column shows the net contract change from the prior week.

Jan 27, 2026(Latest)
Open interest: 3,824 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Producer Merchant

2,9283,680-752+76.6%+96.2%-19.7%+180

Other Reportables

6470647+16.9%+0.0%+16.9%-180

Swap Dealers

1250125+3.3%+0.0%+3.3%+0

Nonreportable

1030-20+0.3%+0.8%-0.5%+0

Interpretation layer

Why the terminal reads this market the way it does

The platform turns the underlying scores into a readable narrative: pressure, confirmation, macro support, and crowding.

Positioning pressure

The market is leaning bearish. This week looks steady versus the recent range.

Trend check

Price trend is flat, so momentum is not adding much confirmation yet.

Macro check

Macro conditions are mostly neutral right now.

Crowding

Traders are heavily crowded short.

Current positioning

The market is leaning bearish. Traders are heavily crowded short. Producer Merchant is currently net short by 752 contracts.

Macro regime

Macro conditions are mostly neutral for Gulf # 6 Fuel 3.0% Sulfur - New York Mercantile Exchange.

Replay summary

Mixed regime. The market is leaning bearish. Price trend is flat, so momentum is not adding much confirmation yet. Macro conditions are mostly neutral right now.

Risk layer

Veto reasons and caution flags

These are the conditions that reduce conviction even when the raw positioning signal looks strong.

Extreme crowding — squeeze risk elevated.
Price trend does not confirm positioning.
Macro environment is not supportive.