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Hedgers lead the way in gasoil?

Producers/merchants are forecast to add 9.6mb to their longs and 7.4mb to their shorts in ICE gasoil, hinting at increased hedge risk...
Published: July 30, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
8 page report
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In the week ending 28 Jul, the M1 Brent futures contract dropped from a high of $102/bbl on 23 Jul to gapping down to $92.20/bbl at the open on 27 Jul and finally weakening to $83.80/bbl on 28 Jul. Prices met support here and stand at $92/bbl at the time of writing.

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Written by

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

About CFTC Weekly Predictor

A premium data-driven report embedding our predictive learning models' forecasts of CFTC positioning

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