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Jul/Aug C3 FEI

Crude weakness pressured the front FEI contract, though FEI spreads have been more resilient. How vulnerable are these longs?
Published: May 29, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
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In this publication, we leverage Onyx’s proprietary Commitment of Traders data in order to identify changes in swap Open Interest and Positioning against Onyx with a view, in conjunction with long/short entry price levels and volatility analysis, to identify potential continuation or reversal trends.

In this edition, we look at the soon-to-be-prompt Jul/Aug'26 C3 FEI spread.

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