Abraxas Capital Takes $135 Million Short Position in Crude Oil Futures
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 30 2026
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Source: moomoo
Investment in Crude Oil Futures: Abraxas Capital has established a massive $135 million short position in crude oil futures.
Brent Oil Contracts: The position includes approximately 954,996 contracts of Brent Oil, valued at around $102.7 million.
CL Contracts: Additionally, there are about 322,885 contracts of CL, which are valued at approximately $32.7 million.
Market Strategy: This significant investment reflects Abraxas Capital's strategic approach to the crude oil market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
