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Guides for trading with the toolkit

Is Crude Oil in Contango or Backwardation Right Now?

Learn how to check whether crude oil is in contango or backwardation right now by reading WTI and Brent futures spreads month-by-month.

Natural Gas Seasonality Chart: A Month-by-Month Guide

How to read a natural gas seasonality chart: injection vs withdrawal season, shoulder months, and the widow-maker March/April spread explained.

How to Read CFTC Positioning, Commodity by Commodity

The same COT net-long figure is a warning in one market and business as usual in another. A market-by-market guide to reading Commitment of Traders positioning across energy, metals, and grains.