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Risk Assets Rally, Crude Drags Inflation Expectations

Stocks hit record highs as earnings, easing oil and softer Fed expectations align, but markets remain vulnerable if growth or oil reverses.
5 August 2026

Heads of Desk: Top of Mind – Episode 59

The heads of Onyx Commodities' trading desks discuss the latest in the Oil Derivatives as of 4 August 2026
4 August 2026

LATEST REPORTS

Brent drops on US jobs report, sees support into the afternoon

The 13:30 BST drop emerged alongside the release of US non-farm payrolls, which posted a loss of 23,000 jobs in the US  in July 2026...
7 August 2026
Diver

C3 FEI

Some length has unwound in the front FEI spread, but positioning stays net long. Monitor $27/mt for a critical reversal indicator....
7 August 2026
Diver

Naphtha Crack

In this edition, we look at the Sep'26 NWE Naphtha Crack.
7 August 2026

Brent rises as Iran seeks to ban US and Israel from transiting Strait

Brent supported above $83/bbl; Tensions rise as Iran proposes legislation that bans US and Israel from transiting the Strait
7 August 2026