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THE OFFICIALS

Premier provider of market commentary, news, and price assessment for the physical and financial oil market

ABOUT THE OFFICIALS

The Officials bring you the unvarnished truth about what’s happening in markets, who is doing what, and what really matters.

We say it as we see it!

Jorge Montepeque – the creator of Dated Brent – leads the team in benchmarking key contracts, and its relentless hunt for the cold hard facts.

Subscribe for:

  • Twice daily reports on key market drivers and pricing
  • Weekly liquidity reports and quarterly traded volumes reports
  • Launching the Officials Brent Index on the Jakarta Futures Exchange – bringing market access to all
  • Regular analysts on Flux News shows

Latest reports

Double Trouble!

Edition: Euro EditionVolume: 3Issue: 23
US shoots down Iranian drone! North Sea window mania. And distillate seesaws
3 February 2026

Liquidity Report 2.5

Edition: Liquidity ReportVolume: 2Issue: 5
March futures volumes down ahead of expiry, strong April and May volumes
3 February 2026

The Daddy of all Deals!

Edition: Asia EditionVolume: 3Issue: 23
A mega deal makes everyone happy! Dubai gains some ground and Kuwait has big oil plans...
3 February 2026

Subscribe to the Officials

A subscription to the Officials costs $200 a month or $2000 annually.

Credit card subscription will be available again from Monday 12 January 2026. Alternatively, please contact us to express your interest in subscribing.

Meet the Officials

Jorge Montepeque

Head of Benchmarking, Flux
Jorge Montepeque

Edward Hayden-Briffett

Research Analyst, Flux
Edward Hayden-Briffett

Will Cunliffe

Research Analyst, Flux
Will Cunliffe

Spyridon Kokas

Research Analyst, Flux
Spyridon Kokas

The Officials Archive

The Art of the Half-Baked Deal!

Edition: Euro EditionVolume: 3Issue: 22
US-India trade deal... maybe, North sea window reversal and TTF takes a tumble.
2 February 2026

TACO TIME!

Edition: Asia EditionVolume: 3Issue: 22
Trump loves his Tacos, Dubai is strong out of the gate in February, and more mixed messages from China.
2 February 2026

Euro Monthly Report

Edition: Euro EditionVolume: 3Issue: 21
What a month it's been! Brent closed higher, but other commodities like silver are bleeding on the last trading day!
30 January 2026

Peering Eye 1.11

Edition: Peering EyeVolume: 1Issue: 11
We have expanded our ship tracking coverage to the Strait of Hormuz!
30 January 2026

Asia Monthly Report

Edition: Asia EditionVolume: 3Issue: 21
It's been an eventful month, folks, lots of ups, little downs. And Trump has kept us on our toes! Read more here...
30 January 2026

Commodity carnage!

Edition: Asia EditionVolume: 3Issue: 20
See our poll of industry contacts on the commodity markets! Brent broke new highs but retraced in a global commodity downturn!
29 January 2026

Rolling back the months!

Edition: Asia EditionVolume: 3Issue: 20
Brent breaks to $70, backwardation strengthens and the super glut talk is disappearing as product stocks dwindle...
29 January 2026

Shooting for $70

Edition: Euro EditionVolume: 3Issue: 19
Dated to the highest since September, and Brent futures flying too! 70 feels like the next realistic goal folks!
28 January 2026

Dollar down, commodities rally!

Edition: Asia EditionVolume: 3Issue: 19
Commodities are rallying as the USD is testing new lows. The Hormuz talk started again, but read why this isn't a realistic scenario!
28 January 2026

Brent can’t catch a break

Edition: Euro EditionVolume: 3Issue: 18
Brent is roofing, while EBOB is going the opposite direction and Dangote still has its own issues...
27 January 2026

Liquidity Report 2.4

Edition: Liquidity ReportVolume: 2Issue: 4
Mixed performance on volumes both on a weekly and yearly basis
27 January 2026

The show’s over!

Edition: Asia EditionVolume: 3Issue: 18
The world is changing fast, dear reader, but two things remain for now: Trump tariffs and oil in the $65-$70 region.
27 January 2026
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