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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.

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Flux Insights

An exploration of the week's news with the Flux Research team

Flux Weather Show

Exploring how weather affects the market

Posts authored by Martha

Reaching the summit

Hormuz easing hit crude, but tight inventories support markets; East gasoline/naphtha strong, HSFO stabilising, butane supported.
16 page report
14 May 2026

Back to the Draw-ing Board

See all the updates across the barrel, as well as six contracts to watch.
6 reports
13 May 2026

The Calm After The Crash

Dated Brent steadies after sell-off; Midland pressure eases, front weakens into negative territory; China buys June rolls
12 May 2026

Sorting Support

Brent balanced near $100, cracks firm, gasoline E/W bearish, while momentum signals rising indecision.
9 page report
12 May 2026

Sell the Rumour, Buy the Fact

We have seen theories of market manipulation, but we are yet to see a declaration of peace…
16 page report
7 May 2026

What a Peace-take….

See all the updates across the barrel, as well as six contracts to watch.
6 reports
6 May 2026

Market Top

Brent bullish at $110, spreads steady, cracks consolidating, gasoline weak; momentum signals diverge, caution on reversals.
9 page report
5 May 2026

Drawing New Highs

See all the updates across the barrel and a half dozen contracts to watch in our six reports.
6 reports
29 April 2026

July Brent Rallies Near $108/bbl

Drone strike hits Russian refinery; US warns banks on Iran oil; Hormuz tensions rise; tanker passes
4 page report
29 April 2026

May’26 We See Some Support?

DTL rebounds; China sells crude, oversupplying North Sea; Midland weak; June Brent supported by strong buying and EFP flows
28 April 2026

Signalling Caution

Brent strong but near resistance; spreads rally yet stalling; cracks diverge with consolidation and easing momentum overall.
9 page report
28 April 2026

Summer Driving Season

US gasoline (RBOB futures) drive bullish sentiment ahead of summer driving season; higher arbs and gasnaps trigger sell-side flows
14 page report
27 April 2026