Our team of skilled analysts, by utilising the depth and breadth of Flux'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.
The past fortnight forced the May Brent/Dubai out of its range, with price action plummeting from +15c/bbl on Mar 25 to a low of -40c/bbl on Apr 02. However, on Mar 28 the May/Jun Brent/Dubai box ticked up 9c d-o-d to -10c/bbl – highlighting that the front Brent/Dubai may not be as offered anymore. In line with this narrative and strengthening Brent spreads lending support, the May Brent/Dubai contract surged back up to +10c/bbl come Apr 05.
Traders also read...
Our team of skilled analysts, by utilising the depth and breadth of Flux'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.
