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Commodities Jump, OIS Prices Likely Hikes in September, Precious Metals Fall

Bond vigilantes return as yields hit multi-decade highs; Fed hike odds surge to 70%; Brent breaks out after US-Iran strikes.
2 September 2026

Heads of Desk: Top of Mind – Episode 63

The heads of Onyx Commodities' trading desks discuss the latest in the Oil Derivatives as of 1 September 2026
1 September 2026

LATEST REPORTS

Brent firms alongside EIA reported crude draw

The EIA reported a 4.45 mb decline in US crude oil inventories to 424.5 mb in the week ending 28th August...
2 September 2026

Strait Up Volatile

See all the updates across the barrel and a half dozen contracts to watch in our six reports.
6 reports
2 September 2026

Brent drops $1.60 despite increased regional escalation

Brent eases as Iran-US strikes escalate, two ships reportedly hit mines, Ust-Luga burns and Fujairah stocks draw.
2 September 2026

Brent Firms Amid Reports of New US Strikes

Brent holds near $92.67 as US strikes Bandar Abbas; Russia cuts oil forecast to 17-yr low; LNG "dark fleet" doubles.
1 September 2026