Flux Markets | Longs remain risk-on in RBOB Skip to main content

Longs remain risk-on in RBOB

We still expect producers/merchants to be risk-off in US gasoline futures, though other reportable players are expected to be bearish...
Published: June 4, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
8 page report
Share

In the week ending 02 Jun, the M1 Brent futures contract rose from a brief low of below $90/bbl at the end of May to a high of $96.27/bbl on 02 Jun. Prices ultimately flirted with the $99/bbl handle this week, but eased to $96.73/bbl at the time of writing on 04 Jun....

Premium Content

To continue reading this page, please login or find our about our subscription options.

Written by

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

Related News

Brent Eases as The US Agrees to Further Talks With Iran

Brent eases as US-Iran talks resume. Russia's fuel crunch deepens, while India expands SPR capacity with a new 13mb site.

Brent on its way to weekly gains on geopolitical risk

Oil prices are on-track for a weekly gain, with the M1 Brent futures contract beginning the week at $71.54/bbl.....

Brent Slides as Russia’s Saratov Refinery is Hits

Brent falls as Russia halts refinery runs and bans diesel exports. CFTC blocks 24/7 crude trading; Iraq backs OPEC membership.

Brent trades lower to $77 as US and Iran threaten further strikes

Brent traded lower to $77 even as the US and Iran launch strikes for a second day, threatening further military action