EnergyReader · 2026-08-06 12:26

Energy open interest drops $37 billion as three supply corridors stay blocked

By EnergyReader Newsroom · August 6, 2026

J.P. Morgan reported Tuesday (2026-08-04) that the estimated value of open interest in energy markets fell four percent, or $37 billion week on week, to $836 billion — the largest single-week reduction tracked in recent reporting, according to the JPM Commodities Research team's note to Rigzone. ICE Brent crude front-month was trading at $80.22 a barrel as of 2026-08-06 12:04 UTC, roughly $20 below its July 23 (2026-07-23) peak. Positions are coming off.

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ICE Brent crude futures, front-month → OPEC reference basket → Strait of Hormuz oil/LNG transit flows → China crude oil imports →

Connected coverage Stories linked to Brent through the market graph: same hub, spread, route or driver.

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