Flux Markets | Martha Dowding Skip to main content
Our reports have now moved onto our Flux platform. Existing customers can Login to Flux for access, or visit The Officials to sign up for free trial access.

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

All-Time High(SFO)

HSFO E/W at new all-time high, but VLSFO strength is slipping
15 October 2026

Brent lower at $104 in shadow fleet relief rumours

Washington is weighing sanctions relief for Russia’s shadow fleet, alongside a 1.8-million-tonne Russian diesel purchase....
15 October 2026

Freight Heavens!

Know how the market is positioned before it moves....
6 reports
14 October 2026

As dry as a desert…

It was an extremely quiet week leading up to today. Over the past 4 days, we have really only seen the front Brent/Dubai move lower....
13 October 2026

CFTC Weekly: Fund only ramping up risk in RBOB

Funds de-risked in Brent, WTI, Gasoil, and HO
13 page report
12 October 2026

A Tale of Two Gulfs

Hormuz transits remain badly disrupted, with attacks on tankers at their highest weekly level since the war began.
14 page report
8 October 2026

Waiting on China…

Know how the market is positioned before it moves. Onyx COT tracks speculative positioning and flows across oil swaps.
6 reports
7 October 2026

Holding the Fort

We have seen a shift in paper flows otherwise, with notable selling in the 19-23 and 26-30 Oct vs Cal Nov rolls....
6 October 2026

Accumulation

Poor liquidity in Dubai crude complex amid Chinese holiday; Brent/Dubai finds support at lows
6 October 2026

Heads of Desk: Top of Mind – Episode 68

The heads of Onyx Commodities' trading desks discuss the latest in the Oil Derivatives as of 6 October 2026
6 October 2026

Leading from the East

MOPJ spreads flip to the buy-side; M1 East/West reached $70/mt; scaleback selling in gasnap and FEI/MOPJ
17 page report
5 October 2026

CFTC Weekly: Risk off

OI drops in crude and products, funds were bearish in Brent and WTI
13 page report
5 October 2026