Brent Trades in $64/bbl Handle
Mar’26 Brent traded in $64/bbl. Lukoil asset sale deadline extended, Dardanelles reopened, US manufacturing data
4 page report
CTA positioning flat as RBOB hits extremes
CTA net positioning was largely unchanged last week, with distillates still elevated and RBOB deeply short, nearing levels that often preced
Published: January 6, 2026
8 page report
Looking at Flux Insight’s CTA positioning for the week ending 05 Jan, CTA net positioning saw little net change across all products. Middle distillates remain the highest out of the products, although heating oil is no longer higher than gasoil, with the values flush.
There are no clear patterns in the products with CTA positioning in the bottom half of the index. RBOB remains at the lowest net position, at -42k lots and is verging on a score below -45. For RBOB Futures, when the index is below -45, front-month prices revert up 60% of the time one week later, with an average gain of 1.36%.
Click below to explore our weekly CFTC COT reports, including a new report detailing historical Onyx COT data for key swap contracts.
About CFTC - Summary Positioning Report
A free weekly report covering aggregated positioning in swaps markets based on our market-making expertise
Related News
Peering Eye 1.9
Edition: Peering EyeVolume: 1Issue: 9
The Peering Eye is expanding, folks, as the activity is rising in key shipping hubs!
Dubai finds its pulse!
Edition: Asia EditionVolume: 3Issue: 11
The first positive physical premium for 2026 comes with the first convergence of the month in Dubai window!