Historical Year Data · 2016
WTI Futures Open Interest in 2016
WTI Futures Open Interest opened 2016 at 409,836 and closed at 512,016, a +24.93% move for the year. The high of 562,296 was reached on December 6, and the low of 409,836 on January 5.
Open
409,836
2016-01
Close
512,016
52 data points
High
562,296
Dec 6
Low
409,836
Jan 5
Full Year Change
+24.93%
2015 Change
-6.09%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 409,836 | 442,865 | 442,865 | 409,836 | +8.06% |
| Feb | 462,240 | 453,832 | 468,611 | 453,832 | -1.82% |
| Mar | 439,430 | 452,875 | 452,875 | 439,430 | +3.06% |
| Apr | 451,663 | 421,442 | 459,233 | 421,442 | -6.69% |
| May | 445,329 | 416,774 | 445,329 | 411,974 | -6.41% |
| Jun | 416,170 | 429,401 | 429,401 | 415,507 | +3.18% |
| Jul | 446,351 | 492,031 | 492,031 | 446,351 | +10.23% |
| Aug | 505,169 | 512,356 | 544,389 | 504,912 | +1.42% |
| Sep | 526,058 | 519,381 | 541,773 | 512,253 | -1.27% |
| Oct | 535,518 | 538,265 | 540,861 | 518,925 | +0.51% |
| Nov | 537,020 | 515,951 | 541,664 | 514,988 | -3.92% |
| Dec | 562,296 | 512,016 | 562,296 | 507,597 | -8.94% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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