Dated Brent Report: Natty or Juice?
May 1, 2024
The buyside players in previous physical windows were notably absent in the cash on expiry day, showing that the bullish sentiment was just not it.
Dated v Brent
The spread between Crude Oil benchmarks for physical cargo loading windows (Dated Brent) and the most liquid benchmark (Brent).
Find live prices on Flux Terminal. Trade Dated Brent cost-free on Onyx Markets.
Up-Dated: Supplementary Report
April 23, 2024
After a prolonged period of weakness following the first week of April, Dated structure staged a recovery from April 18 after finding the floor.
Maintenance
March 26, 2024
With maintenance barrels being priced, the North Sea crude market saw an incredibly bearish week in the prompt as physical differentials surged below $0/bbl into the end of last week…
Dramatic Week in North Sea Crude
March 12, 2024
The past week in the North Sea crude market has been rather dramatic…
Post-Expiry Clarity
February 5, 2024
The resurgence of strength following a blip during expiry has allowed for the Dated market to enter February with strong buying in the face of a risk/reward skew previously thought bearish.
A Song of Ice and Oil
January 23, 2024
Over the past two weeks, the narrative of the light sweet crude market has been predominantly shaped by supply-demand mechanics, culminating in a substantial rise in market activity.
Cold Snap…
November 28, 2023
It has been an astounding couple of weeks in the oil market with no shortage of drama, and the stage is set for a volatile conclusion to November. Just like the cold snap in Europe, Brent crude flat price and
Crude Futures on Hold with EIA announcing more builds than Saudi Arabia
November 20, 2023
The past week has been a tale of two halves, with initial strength at the beginning of the week taking futures out of oversold sight, all for the EIA to come back with a vengeance (prime Batman style) and announce
Newsflash: CFDs are like soo last week
November 15, 2023
Crude: CFDs are riding the long wave, but how high are we expecting this tide to go?
Fuel – Dec 0.5 Barge Crack: strutting its stuff, but brace yourself for a price reversal – it’s the rollercoaster you never asked for!
Distillates – To quote Ned Stark, winter is coming (for Japan) – giving Regrade a bit of an upgrade
Gearing Up For Volatility
November 14, 2023
OPEC has once again seized the spotlight with their latest proclamation on November 13. In a bold assertion, they’re pinning the recent crude oil price rollercoaster squarely on the shoulders of speculators. These market maestros, according to OPEC, have been playing up the doom and gloom.
Cocaine [Brent and WTI] Bear
November 14, 2023
Declining oil prices saw both Brent and WTI decrease for the third consecutive week, dragging both prompt futures price actions below $80/bbl to 3-month lows of $79.54/bbl and $75.33/bbl on Nov 8 for Brent and WTI, respectively. The bearish addiction
Pulp Futures
November 13, 2023
The market is in flux, with Brent and RBOB channeling their inner Vincent Vega and Mia Wallace. Brent has got its bearish groove on, while RBOB’s cautiously strutting a bullish outlook, likely fueled by some refinery drama.
