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A risk-off week?

We expect money managers to trim over 20mb from their longs while adding around 5mb to their shorts in Brent futures....
Published: August 6, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
8 page report
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In the week ending 04 Aug, the M1 Brent futures contract dropped from a high of nearly $90/bbl on 31 Jul to closing below $80/bbl on 04 Aug, amid the US cancelling its weekend strikes on Iran. In line with this, we expect money managers to trim over 20mb from their longs while adding around 5mb to their shorts..

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Written by

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

About CFTC Weekly Predictor

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