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Drop in US personal savings, Anthropic valuation surges, ROI on AI increasingly negative

The AI investment case is looking increasingly difficult to justify...
29 May 2026

Heads of Desk: Top of Mind – Episode 49

The heads of Onyx Commodities' trading desks discuss the latest in the Oil Derivatives as of 26 May 2026
26 May 2026

Latest reports

Bearish Funds Flock To Crude Futures

Speculative shorts in crude futures positions highest since the start of Iran war; Open interest declines across refined product futures
13 page report
31 May 2026

Brent softens ahead of Jul’26 expiry

US President Donald Trump said, in a Truth Social post, that "Iran must agree that they will never have a Nuclear Weapon or Bomb.....
4 page report
29 May 2026

Jun’26 380 East/West

In this edition, we look at the Jun'26 380 East/West (Sing 380 vs 3.5% Barges).
29 May 2026

Jul/Aug C3 FEI

Crude weakness pressured the front FEI contract, though FEI spreads have been more resilient. How vulnerable are these longs?
29 May 2026