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Turning the risk down?

Conflicting messages from the US have created market uncertainty. Thus, we expect the CFTC COT report on 03 Apr to show....
Published: April 2, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
8 page report
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In the week ending 31 Mar, the M1 Brent futures contract briefly slipped below $100 to a low of $97.15/bbl on 25 Mar but rallied to nearly $120/bbl by 31 Mar. Prices slipped lower into the new month but recovered from a low of around $98.50/bbl on 01 Apr to $109.65/bbl at 12:30 BST on 02 Apr amid conflicting narratives regarding Washington's plans surrounding the war on Iran....

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