Please note that there will be a hiatus in the publication of reports between 22nd December and 2nd January due to the Christmas period. Reports will be published as normal from Monday 5th January 2026.
M1 Brent futures trended down from $63.55/bbl on 14 Oct but failed to reach $60/bbl on 17-20 Oct. The contract then inched up to $61.30/bbl at the time of writing on 21 Oct. Still, the 10-day moving average (orange line)
Another week brings another selection of new trade ideas from Flux Insights. This week, we look at trades in Crude and Naphtha….
The Dec’25 Brent futures contract has risen this morning, from $60.70/bbl at 08:00 BST to $61.52/bbl at 11:00 BST (time of writing). In the news, Japanese Trade Minister Yoji Muto has said that Japan will approach Russian energy imports based
In the week ending 14 Oct, Brent futures saw a drop in prices, reaching a high of $66.47/bbl on 08 Oct before seeing a low of $62.16/bbl on 14 Oct. Money managers reduced their long position for the fourth consecutive
The Dec’25 Brent futures contract battled with the $60/bbl level this afternoon, dipping to $60.11/bbl at 14:00 BST before recovering slightly to $60.63/bbl at 17:30 BST (time of writing). In the news, Reuters have reported a second Ukrainian drone attack
View: Neutral/Cautiously Bearish Target Price: $60-62/bbl Last week, the Dec’25 Brent crude futures extended its decline, recording its third consecutive weekly loss as it fell to the low $60s level. The oil glut has gripped market narratives, with oil at
The Dec’25 Brent futures contract has risen this afternoon, from $60.68/bbl at 12:00 BST to $61.17/bbl at 17:00 BST. In the news, a morning fire at BP’s Whiting refinery in Indiana (capacity 440kb/d) has been extinguished, resulting in multiple units
M1 Brent futures (Dec’25) eased to a low of $60.60/bbl at 03:10 BST, where they met support. However, prices have not been able to break above $61/bbl since, sitting at $60.90/bbl at the time of writing (06:53 BST). As per
The Dec’25 Brent futures contract fell this afternoon, from $62.50/bbl at 12:30 BST to $61.39/bbl at 16:45 BST. Prices met support here, recovering to $62.02/bbl at 17:00 BST (time of writing). In the news, Bloomberg has reported that Dangote Refinery
Brent appears to have consolidated around the $62/bbl handle this week, dropping from above $63/bbl on 14 Oct following the IEA’s report of a much graver supply glut than previously predicted. The volume of seaborne crude oil hit 1.25 billion
The Dec’25 Brent futures contract rose this morning, from $62.34/bbl at 04:00 BST to $62.54/bbl at 07:30 BST before falling to $62.22/bbl at 12:00 BST (time of writing). In the news, Reuters have reported that Indian refiners are preparing to
This week in Brent, we anticipate money managers to be bearish, trimming longs and adding to shorts. However, these volumes are expected to be offset by heavily risk-on producers/merchants this week, who are expected to add to both their longs
The Dec’25 Brent futures contract initially rose to $63.01/bbl at 14:00 BST before dropping to $61.83/bbl at 17:30 BST (time of writing). In the news, Reuters have reported that Russia’s Novorossiisk port has reached maximum export capacity, reaching 800kb/d last
The Dec’25 Brent futures contract has risen this morning, from $62.10/bbl at 05:00 BST to $62.45/bbl at 09:00 BST before meeting resistance and easing to $62.32 at 11:00 BST (time of writing). In the news, Bloomberg has reported that three
Despite buying Forties at the start of the week last week, Vitol disappeared from the North Sea window. Following this, the window dwindled to a lull mid-week, with no bids or offers placed for the first time since April 2025.
