According to Lookonchain, Abraxas Capital built a roughly $135 million short position in crude oil contracts, including 954,996 xyz:BRENTOIL worth about $102.7 million and 322,885 xyz:CL worth about $32.7 million. The update refines the contract counts for the firm’s Brent- and WTI-linked exposure while keeping the overall size of the position broadly consistent with earlier reports of about $136 million in combined oil shorts.