Waiting for $90…
Meanwhile, in EBOB, It feels the market is struggling to add fresh length in the long-skewed, overcrowded market....
6 reports
MARTHA DOWDING
Research Associate, Flux
About Martha
Martha holds a degree in Chemical Engineering from Newcastle University and has over three years of experience at Flux. She specialises in light ends and is committed to building a comprehensive understanding of oil and refined products, alongside weather dynamics, biofuels, and petrochemical systems.
Posts authored by Martha
Closing The Arb
Eastern strength in focus in HSFO and VLSFO, but bullish momentum fading amid technical resistance as flows flip short
Anatomy of a Jawbone
July was defined by the renewed hostilities between Iran and the US, with President Trump declaring the MOU “over” on 8 July....
29 page report
Teeter-Totter
Middle East tensions re-escalate as Hormuz closes, tanker attacks resume, US-Iran strikes intensify, and storm risks emerge.
16 page report
Ships, Interrupted
It's a war on the waterways in the Middle East, with Bab al-Mandeb joining the ranks with the Strait of Hormuz following an escalation....
6 reports
Correcting the Correction…?
FEI remains supported by geopolitics and freight, while LST weakens on high freight, soft EIA data and persistent contango.
17 page report
CPC Giveth, CPC Taketh Away
CPC disruptions lifted Dated structure, but resumed loadings reversed gains as physical and spreads weakened.
Pricing For Peace
Brent surged to $102 before reversing sharply. Resistance sits near $100, while key support lies at $80, followed by $70.
9 page report
Funds Bullish Brent
Brent, gasoil and HO saw fresh buying and short-covering from funds
13 page report
What’s worse than one Strait being under attack…?
Brent targets $100 as Houthis declare naval blockade on Saudi Arabia; Asia refined products rally substantially; gasoil cracks breach $70
16 page report
Ah Fuel, Here We Go Again…
Structure strengthens on escalating geopolitical tensions; strength focused in the East amid renewed Hormuz closure, M1 380 E/W hits $50/mt
Getting Ready for the Red Sea…?
See all the updates across the barrel and a half dozen contracts to watch in our six reports.
6 reports