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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
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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.

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Written by

Donna Dong

Research Analyst, Flux
Donna Dong

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