Contango & Backwardation Check | Vontobel Oil-Strategy Index | January 2026

Based on the close of the Oil Futures on January 16, 2026, we are in a  Backwardation situation – therefore, the Vontobel Oil-Strategy Index will be calculated as a  Future investment during the next month.

The following changes will be applied to the composition effective open February 2, 2026:

WTI FUTURE MAY 26