Flux Markets | Funds Bullish Products Skip to main content

Please note that the CFTC Weekly Predictor has now been discontinued. The last edition was published on 6th August 2026.

Funds Bullish Products

Brent sentiment turns bullish as geopolitics worsen; funds buy gasoil/RBOB while producers show mixed positioning.
Published: May 14, 2026
Written by:
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
Reviewed by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
8 page report
Share

In the week ending 05 May, we saw the now-M1 Jul'26 Brent futures contract weakened from $114.43/bbl on 05 May to $99.57/bbl on 08 May, before meeting better support to $108.43/bbl on 12 May, as geopolitical tensions continued to worsen.

Premium Content

To continue reading this page, please login or find our about our subscription options.

Written by

Donna Dong

Research Analyst, Flux
Donna Dong

About CFTC Weekly Predictor

A premium data-driven report embedding our predictive learning models' forecasts of CFTC positioning

Related News

Brent strengthens as US and Iran exchange strikes for the first time in weeks

Brent rises above $91/bbl as the US and Iran trade strikes; US Treasury imposes secondary sanctions on Banque Misr's UAE branches

Summer of RBOB

Funds trim Brent futures length; speculators accelerate RBOB futures purchases; diverging CTA crude and gasoline positioning
13 page report

Brent Regains as QatarEnergy Extends Force Majeure

Brent recovers to $88.28 as Qatar extends LNG force majeure, Germany fills gas storage, Energean eyes BP's Egypt assets.

Brent Rangebound As Trump Eyes Meeting with Domestic Refiners and Retailers

Brent holds near $88 as Trump meets refiners, eyes Venezuela oil stake; Gulf flows recover 2/3; Brazil export tax hit by legal limbo.