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The Officials: 68 and done?
June 10, 2025
The window’s been chaotic of late and today continued to be busy, though somewhat more orderly. BP led the charge on the sellside, lowering offers for both Midland and CIF Forties. It was the Midland that attracted buying interest, as Totsa swept in to lift the offer for 22-26 June at Dated +$1.25, while PetroIneos picked up Vitol’s offer at $1.95 over Dated for 3-7 July – that’s a steep curve!
Technical Analysis Report: Riding the momentum wave
June 10, 2025
The M1 Brent futures contract recorded more support this week, climbing from a weekly nadir of $64.50/bbl on 3 Jun to $67.45/bbl at the time of writing on 10 Jun, its highest level since 23 April.
Desk Heads – Top of Mind
June 10, 2025
Welcome to Episode 2 of Onyx Desk Heads, Top of Mind. In this podcast, our Onyx Commodities Head of Trading Desks discuss the latest trends and developments in the oil, gas, power and carbon markets in which Onyx Commodities trades.
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Our team of skilled analysts, by utilising the depth and breadth of Onyx's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.
