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Brent approaches dovetailing moving averages, RBOB crack momentum increasingly negative
Published: August 4, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
,
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
and
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
9 page report
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The M1 Brent futures continued to weaken over the past week on the back of de-escalation prospects, with prices falling to the $84/bbl level. Should prices fall further, it must break below the dual support level where the 30-day (orange line) and 200-day (yellow line) moving averages dovetail each other around $82/bbl...

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Written by

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

Donna Dong

Research Analyst, Flux
Donna Dong

Vincent Wu

Research Associate, Flux
Vincent Wu

About Technical Analysis Report

A weekly premium report comprising movements in price action across key swaps and futures contracts

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