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Heads of Desk: Top of Mind – Episode 43

The heads of Onyx Commodities' trading desks discuss the latest in the Oil Derivatives as of 14 April 2026
14 April 2026

Rumoured US-Iran Negotiations on Equities, US Home Sales Fall, IEA Warning

Equities rise on talks & short squeeze; housing weak, IEA warns supply crisis, blockade risks grow, markets trade hedges over headlines
14 April 2026

Latest reports

Cruising Altitude

North Sea crude strong but momentum easing; selling emerges, diffs may decline, though tight market keeps bullish risk intact.
14 April 2026

Brent Falls to $95.32/bbl

Brent falls; US-Iran talks may resume. IEA sees lower supply & demand; China imports dip, Philippines seeks waiver extension
4 page report
14 April 2026

Taking a Toll

The long-awaited de-escalation in the Middle East was finally seen overnight on 07 Apr, as US President Donald Trump announced a cease....
14 April 2026

Brent Trades Below $100

Brent trades below $100; Russian drones attack Ukraine's Izmail port; plentiful Iranian oil on vessels in Asia
4 page report
14 April 2026