Flux Markets | Funds Bullish Products Skip to main content

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.

Related News

Brent Rallies To $109/bbl

Brent rallies to weekly high of $109/bbl; no Iran breakthrough from Trump-Xi meeting; UAE to double crude export capacity bypassing SoH
4 page report

Brent Falls to $104.64/bbl

US pushes China energy purchases; India seeks UAE supply deals; Japan-linked tanker clears Hormuz; China fuel demand weakens
4 page report

Brent Trades Around $106/bbl

Brent stable around $106/bbl; US energy purchases may be boosted after Trump-Xi summit; India asks for Russian oil waiver extension
4 page report

Brent Declines to $106/bbl

Brent falls as IEA warns of historic oil shortage; India cuts fuel use; Europe and Vietnam boost fuel imports
4 page report