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Headline Confusion, Bonds Lockstep with Brent, Tesla Deliveries Decline

Hormuz crisis escalates; Iran holds leverage, energy shock spreads, inflation rises, markets volatile as growth fears mount.
25 March 2026

Heads of Desk: Top of Mind – Episode 40

The heads of Onyx Commodities' trading desks discuss the latest in the Oil Derivatives as of 24 March 2026
24 March 2026

Latest reports

Brent Strengthens to $101.95/bbl

Brent rises on supply shocks; Russia exports hit, refinery restarts, US shale steady, Japan eyes stock release, spreads firm.
4 page report
25 March 2026

Liquidity Desert

Low volumes, huge reversal in LST/FEI and Freight Keeps Rallying
17 page report
25 March 2026

Brent Opens Below $100/bbl

Brent opens below $100 on de-escalation hopes; Russia's Primorsk and Ust-Luga ports suspend crude and oil product loadings
4 page report
25 March 2026

Brent Rises to $104.22/bbl

Brent rises on refinery outage, geopolitics; Saudi exports surge, Philippines declares emergency, spreads remain strong.
4 page report
24 March 2026