Storage Signal

Latest trades
Dec → Jan
Inverted · −2.87

Carry (+) means later months trade above the nearby: the market is paying toward storage. Inverted (−) means the nearby trades above later months. Not trading advice.

Futures Chain

20 contracts
BZX26 Nov 2026 OI 21,072 $103.99 / bbl -1.29 -1.23%
BZZ26 Dec 2026 OI 41,233 $96.67 / bbl -1.16 -1.19%
BZF27 Jan 2027 OI 26,324 $93.80 / bbl -0.60 -0.64%
BZG27 Feb 2027 OI 18,941 $91.55 / bbl -0.50 -0.54%
BZH27 Mar 2027 OI 17,363 $90.28 / bbl -0.05 -0.06%
BZJ27 Apr 2027 OI 8,964 $89.89 / bbl +1.07 +1.20%
BZK27 May 2027 OI 10,513 — — 0.00%
BZM27 Jun 2027 OI 20,334 $85.83 / bbl -0.33 -0.38%
BZN27 Jul 2027 OI 4,775 — — 0.00%
BZQ27 Aug 2027 OI 6,429 — — 0.00%
BZU27 Sep 2027 OI 6,024 — — 0.00%
BZV27 Oct 2027 OI 4,866 — — 0.00%
BZX27 Nov 2027 OI 3,441 $81.06 / bbl +0.21 +0.26%
BZZ27 Dec 2027 OI 22,403 $80.63 / bbl +0.34 +0.42%
BZF28 Jan 2028 OI 2,837 $79.55 / bbl +0.15 +0.19%
BZG28 Feb 2028 OI 3,441 $78.87 / bbl +0.12 +0.15%
BZH28 Mar 2028 OI 1,297 $78.28 / bbl +0.09 +0.12%
BZJ28 Apr 2028 OI 73 $77.76 / bbl +0.07 +0.09%
BZK28 May 2028 OI 38 $77.31 / bbl +0.07 +0.09%
BZM28 Jun 2028 OI 4,053 — — 0.00%

Open interest (OI) is how many contracts are still open in each month.

Commitments of Traders

Tuesday, Sep 22
Managed moneySold 2.8K on the week · net long for over a year
+4.4K
Producers and merchantsLong 32.9K · short 61.6K · net −2.4K on the week
−28.8K
Open interest Down 17.1K on the week · 55 traders
319K

CFTC Commitments of Traders (disaggregated), NYMEX Brent crude futures and options combined: positions as of Tuesday, Sep 22, published Friday, Sep 25; the next report (Sep 29 positions) is out Friday, Oct 2 at 3:30 pm ET. Net is longs less shorts, in contracts of 1,000 barrels.

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About

Storage Signal. Worked out from the futures themselves: the front month against the next, and old crop against new while the front month is old crop, at the latest trades while the market is open, else at the last settle.

Futures Chain. Every NYMEX contract month now trading, with its last price, the day’s change and its open interest.

Commitments of Traders. U.S. Commodity Futures Trading Commission, Commitments of Traders (disaggregated): the open positions of each kind of large trader as of Tuesday’s close, published Fridays at 3:30 pm ET (the following Monday in a holiday week).

Market Data: Futures price data on Farmbucks is provided by DTN, CME Group, and ICE. Cash basis is from USDA AMS daily grain bid reports; positioning is from the CFTC's Commitments of Traders; the natural gas outlook and storage are from the U.S. Energy Information Administration. This data is for informational purposes only, may be subject to delays or inaccuracies, and is not trading advice. Please consult official sources or your broker for trading decisions.