Nat Gas ICE PEN COT Report

CFTC Commitments of Traders · report date 2026-07-21 (released Jul 24, 2026) · next report expected Jul 31, 2026 (regular cycle; see the release schedule for holiday shifts)

As of the Jul 21, 2026 COT report, large speculators are net short 163,999 Nat Gas ICE PEN futures contracts (down 8,047 week-over-week), commercials are net long 164,170, and open interest is 690,703 contracts.

-163,999
Large speculators net
164,170
Commercials net
33.2
COT index (3-year)
690,703
Open interest

Positioning — week of 2026-07-21

Trader categoryNet positionWeekly change% of open interestCOT index 26wCOT index 52wCOT index 3y
Large speculators-163,999-8,047-23.7%72.464.233.2
Commercials164,170+8,06023.8%30.836.966.6
Small traders-171-13-0.0%46.059.446.5

Net = long − short (spread positions cancel). COT index: 0 = most net-short of the lookback, 100 = most net-long. How it's computed.

Net positions since 2013

-200k-100k0100k200k2025-072025-092025-112025-122026-022026-032026-052026-07Large speculatorsCommercials
-200k-100k0100k200k2021-082022-042023-012023-092024-062025-022025-112026-07Large speculatorsCommercials
-200k-100k0100k200k2013-052015-032017-022018-122020-112022-092024-082026-06Large speculatorsCommercials

Disaggregated breakdown — week of 2026-07-21

CategoryNet positionWeekly change
Producer/merchant54,248+11,155
Swap dealers109,922-3,095
Managed money-164,421-259
Other reportables422-7,788
Small traders-171-13

Recent history

Report dateOpen interestLarge spec netΔCommercial netΔSmall trader net
2026-07-21690,703-163,999-8,047164,170+8,060-171
2026-07-14671,071-155,952-13,030156,110+13,030-158
2026-07-07655,402-142,922+388143,080-406-158
2026-06-30647,077-143,310+19,858143,486-19,866-176
2026-06-23730,036-163,168+2,098163,352-2,158-184
2026-06-16726,983-165,266+19,322165,510-19,167-244
2026-06-09710,048-184,588-8,496184,677+8,616-89
2026-06-02690,721-176,092-42,443176,061+46,80531
2026-05-26758,107-133,649+60,893129,256-65,1214,393
2026-05-19728,848-194,542-15,931194,377+15,903165
2026-05-12702,735-178,611-1,197178,474+1,374137
2026-05-05670,557-177,414+5,260177,100-9,640314
2026-04-28658,139-182,674+39,201186,740-34,690-4,066
2026-04-21728,391-221,875-19,070221,430+19,144445
2026-04-14685,343-202,805+6,997202,286-6,997519
2026-04-07676,135-209,802+1,009209,283-1,216519
2026-03-31653,556-210,811+32,641210,499-32,205312
2026-03-24734,259-243,452-17,370242,704+17,274748
2026-03-17758,072-226,082-82,418225,430+82,473652
2026-03-10699,316-143,664-1,732142,957+1,523707
2026-03-03661,761-141,932+13,448141,434-15,101498
2026-02-24792,778-155,380+4,117156,535-3,220-1,155
2026-02-17777,452-159,497+12,433159,755-12,064-258
2026-02-10763,971-171,930-4,615171,819+2,884111
2026-02-03723,347-167,315-30,355168,935+32,977-1,620
2026-01-27819,635-136,960-3,369135,958+9011,002

Full history, no login: CSV (2013-05-07 → 2026-07-21) · JSON

Contract facts

2500 mmbtu
Contract unit (CFTC)
023392
CFTC contract code

FAQ

Are large speculators long or short Nat Gas ICE PEN futures?
As of the 2026-07-21 COT report, large speculators (non-commercial traders) are net short 163,999 contracts in Nat Gas ICE PEN futures.
How current is this Nat Gas ICE PEN COT data?
The latest report is dated 2026-07-21 (positions as of that Tuesday's close), published by the CFTC on 2026-07-24. This page updates within minutes of each weekly release.
Where can I download Nat Gas ICE PEN COT history?
The full weekly series (2013-05-07 to 2026-07-21) is free at /data/cot/nat-gas-ice-pen.csv — no login, no cap.
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Source: CFTC Commitments of Traders, legacy futures-only report, contract code 023392. Dataset coverage 2013-05-07 → 2026-07-21. Methodology.