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Anticipated fund selling in Brent

Flux Insights' ICE COT predictor anticipates a removal of net long managed-by-money positioning in Brent futures....
Published: May 21, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
8 page report
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Despite the M1 Brent futures contract finding a floor at $100/bbl and climbing to $111/bbl on 19 May, Flux Insights' ICE COT predictor anticipates a removal of net long managed-by-money positioning in Brent futures in the week ending 19 May, amid an anticipated exodus of 1.8mb long spec positioning and an influx of a muted 734 kb in short positions.

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