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Open Interest, Closed-off Sentiment

Open interest in the Sep'26 Brent/Dubai contract surges above all-time highs, but liquidity is poor, with low volumes driving price action..
Published: August 4, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
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The Dubai market has been uninspiringly quiet this week, despite exchange-traded open interest in the Sep'26 Brent/Dubai surging from below 70mb on 27 Jul to above 87mb on 31 Jul, 12% above the 5-year maximum....

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Written by

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

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