Flux Markets | Futures volumes jump but year-on-year weakness persists Skip to main content

The Officials reports are now published exclusively on officialsbenchmarks.com. Current subscribers to the Officials will be able to log in there automatically to access their content.

Futures volumes jump but year-on-year weakness persists

Front-month futures volumes rose sharply as traders rolled positions, though activity remains deeply down year on year across contracts.
Published: January 10, 2026
Written by:
Edward Hayden-Briffett

Edward Hayden-Briffett

Research Analyst, The Officials
Edward Hayden-Briffett
,
Will Cunliffe

Will Cunliffe

Research Analyst, The Officials
Will Cunliffe
and
Spyridon Kokas

Spyridon Kokas

Research Analyst, The Officials
Spyridon Kokas
Reviewed by:
Jorge Montepeque

Jorge Montepeque

Head of Benchmarking, Flux
Jorge Montepeque
Edition: Liquidity ReportVolume: 2Issue: 1
Share

In the week ending 2 January 2026, exchange traded futures volumes showed significant increases w/w across instruments in the first three tenors, as traders rolled their positions. Brent showed significant increases particularly in April and May tenors, up 35.92% and 39.87%, respectively.

Premium Content

To continue reading this page, please login or find our about our subscription options.

The Officials publish outright values, spreads, cracks and boxes for the main energy commodities traded in the marketplace. The published values are determined independently and on a fair market basis by our team of dedicated professionals.

We invite you to read our reports, which are published twice a day, reflecting closing values at 16:30 Singapore time (SGT) and at 16:30 London time (GMT/BST). For any comments, please reach out to us through the emails provided in the signed documents.

More News

Slow Motion

Brent, spreads and cracks stay mostly bearish; support levels under pressure as momentum softens. Downside favoured, except gasoline E/W.
9 page report
2 June 2026

Brent softens amid conflicting headlines

The drop in prices came with US President Donald Trump saying talks with Iran were ongoing. President Trump also said, in a Truth Social...
4 page report
2 June 2026

S&P Reaches Highest Level On Record, Negotiations Break Down, Sulfur Prices Double

Stocks hit records on AI mania and crowded positioning, while oil, copper and refinery stress signal inflation risks.
2 June 2026