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Bulls Return to Focus

Flux Insights' CFTC COT Predictor anticipates a rise in managed-by-money net long positioning for ICE Brent futures...
Published: January 15, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
Reviewed by:
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
8 page report
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In the week ending 13 Jan, the M1 Brent futures contract witnessed incredible strength, rallying to a high of $65.90/bbl, and continuing to rise above $66/bbl on 14 Jan - the highest level seen by an M1 Brent futures contract since October 2025. However, prices have since eased to $64.50/bbl at the time of writing on 15 Jan.

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