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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
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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....

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