WTI Crude Oil February (G) Contract

WTI Crude Oil (CL) February (G) contract study: year-by-year results, the day-by-day shape of the move and where highs and lows printed.

Contract Almanac · WTI Crude Oil

The February Contract (CLG): A 16-Year Study

Every February crude contract 2011–2026, measured over its tenure as the lead contract · Typically leads Dec 17 – Jan 16

The February crude contract is the best month on the CL board, and this is its full file: sixteen tenures, year by year, with the day-by-day shape of the move and the trading days its highs and lows actually printed. The short version is that the G contract is a trender. It starts slow, builds through the middle, and in most years finishes within a few days of its extreme.

How this study is measured

Each year is one contract, measured from the open of the day it took over the lead to the close of the day it handed off, the same roll convention used across all Traders Brief research. Tenure lengths vary by a few trading days from year to year, so day counts differ slightly at the tail. All highs and lows are the contract’s own trades, marked by trading day of the tenure, not calendar day.

Record
12 / 4
75% finished higher
Avg change
+3.1%
median +4.5%
Avg best point
+8.6%
peak vs tenure open
Avg worst point
−6.5%
trough vs tenure open

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