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DONNA DONG

Research Analyst, Flux

About Donna

Donna holds a BSc in Politics and International Relations & an MSc in Data Science and Public Policy, from University College London.

With a particular interest in technical analysis, Donna specialises in broad market research for refined products.

Posts authored by Donna

Physical Goes Negative

Forties selling weighs on Dated; Iran strikes lift Brent futures, widening gap between paper strength and weak physical.
3 March 2026

Finding a Line in the Surge

Brent & cracks surge on geopolitics; momentum strong but overbought. Upside targets near key resistance, downside risk if flows fade.
9 page report
3 March 2026

Hormuz, We Have A Problem

Iran strikes lift risk premium; heavy longs add upside on disruption risk, but correction looms if tensions ease.
16 page report
2 March 2026

The East Outpaces the West

East gasoline outperforms West; E/W and transatlantic arb strengthen as OI builds and flows shift on geopolitics.
14 page report
2 March 2026

Brent Briefly Breaks $73/bbl

Brent around mid-$70s; US takes Venezuelan oil proceeds direct to Treasury; Saudi Aramco pushes Jafurah gas; Russia exports stable into 2025
4 page report
27 February 2026

Brent Trades Up to $71.94/bbl

US–Iran talks extend; Croatia offers pipeline oil; Venezuela suspends 19 deals; Pakistan declares open war on Afghanistan.
4 page report
27 February 2026

Brent Trades Up to $71.80/bbl

Middle East-China tanker freight surges to highest since 2020 amid US-Iran tensions; Russia shifts Urals exports to China as India cuts purc
4 page report
26 February 2026

Super Duper Bulls

US–Iran tension lifts Brent and freight rates; heavy net longs raise rally risk, but downside looms without disruption.
16 page report
26 February 2026

Brent Declines to $70.71/bbl

OPEC+ weighs April output hike as Druzhba damage disrupts flows and Europe seeks alternative crude routes.
4 page report
25 February 2026

Eastern Revival

C3 and FEI see strong buying on supply fears; freight rises pressure arbs as trade houses hedge East flows.
17 page report
25 February 2026

Brent Falls Below $71/bbl

Brent dips as refinery maintenance, pipeline delays and rising exports reshape global crude flows.
4 page report
24 February 2026

Whiplash

Physical crude slumps on stop-outs; futures stay bullish, but spreads may correct as weak demand meets firm paper positioning.
24 February 2026