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(a) Introduction
Onyx Capital Group Limited and its group companies (“we”, “us”, “our”, or collectively “Onyx Capital Group”) may use cookies, web beacons, tracking pixels, and other tracking technologies when you visit our websites, including www.onyxcapitalgroup.com and any other websites, sub‑domains, media forms, media channels, mobile websites, or mobile applications operated by an Onyx Capital Group company (collectively, the “Site”), to help customise the Site and improve your experience.
Each Onyx Capital Group company that operates a specific Site acts as the data controller for personal data collected through that Site.
Any changes we make to this policy will be posted on this page and, where appropriate, notified to you by e-mail. You are encouraged to periodically review this Cookie Policy to stay informed of updates. You will be deemed to have been made aware of, will be subject to, and will be deemed to have accepted the changes in any revised Cookie Policy by your continued use of the Site after the date such revised Cookie Policy is posted.
(b) Use of Cookies
A “cookie” is a string of information which assigns you a unique identifier that we store on your computer. Your browser then provides that unique identifier to us each time you submit a query to the Site. We use cookies on the Site to, among other things, keep track of services you have used, record registration information, record your user preferences, keep you logged into the Site, facilitate purchase procedures, and track the pages you visit. Cookies help us understand how the Site is being used and improve your user experience.
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(e) Privacy Policy
For more information about how we use information collected by cookies and other tracking technologies, please refer to our Privacy Policy posted on the Site. This Cookie Policy is part of and is incorporated into our Privacy Policy. By using the Site and consenting (or not consenting) to the pop-up displayed when you first visit the site, you agree to be bound by this Cookie Policy and our Privacy Policy.
(f) Contact us
If you have any questions or concerns about this policy, please contact our Data Protection Officer by emailing: compliance@onyxcapitalgroup.com.
Latest reports
Brent Steady As US And Iran Trade Strikes For Sixth Consecutive Night
Brent Dips Despite Bab el-Mandeb Closure Threats
It’s Not Coming Home (The Barrel, Through Hormuz)
Series
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ALPHA REPORT
A weekly premium report presenting trading ideas informed by technical analysis and proprietary flow-based data
CFTC WEEKLY ANALYSIS
A premium report providing clear transparent analysis of CFTC positioning
CFTC WEEKLY PREDICTOR
A premium data-driven report embedding our predictive learning models' forecasts of CFTC positioning
Swap Dealers Anticipated to Reduce Longs and Increase Short Length
Money managers are set to adopt a risk-on posture across commodities, extending long positions while reducing short exposures next week.8 page report16 July 2026Brent Stable As War Risk Priced In
Brent trades down to $84 with war risk priced in; US hits sanctioned vessel for the first time since reimposing blockade16 July 2026Brent Dips to $83/bbl as the US Set to Back Iraq-Syria Crude Oil Pipeline
US supports Hormuz bypass pipeline, Russia refinery hit, China fuel demand weakens, while Japan diversifies crude supply.15 July 2026Brent Poised Despite Trump Threats
Brent holds mid-$80s despite US-Iran strikes. Hormuz remains unsafe, while Chinese refining runs fall to six-year lows.15 July 2026Brent Declines as Trump Cancels 20% Fee
Brent eases as Trump confirms Iran shipping blockade. China imports slump, while Brazil and Nigeria adjust fuel policies.14 July 2026Brent rallies to $86.90
US-Iran conflict escalates with fresh strikes, shipping attacks and Hormuz blockade; OPEC cuts 2026 demand outlook, Venezuela output steady.14 July 2026Reversals (almost) all around!
Bullish strength and momentum in all but RBOB9 page report14 July 2026Brent Rises As Trump Reinstates Blockade
Brent rises as US-Iran tensions escalate. OPEC cuts 2026 demand outlook, while Nigeria output and global fuel security efforts grow.13 July 2026CFTC Weekly: Risk on in Products
Outright length in Brent lowest since December13 page report13 July 2026Mind the Arb
This week, we look at trades in Crude and Gasoline swaps.9 page report13 July 2026Brent gaps higher but is slipping
Brent gives back early gains as traders assess US-Iran strikes, Hormuz shipping disruption and China's demand outlook.13 July 2026Brent Eases as The US Agrees to Further Talks With Iran
Brent eases as US-Iran talks resume. Russia's fuel crunch deepens, while India expands SPR capacity with a new 13mb site.10 July 2026Contact us to Subscribe
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