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.
Brent crude consolidated during August, with front-month prices trading between $65 and $69/bbl. Technically speaking, prices are in limbo. Brent’s average true range (ATR) is at its lowest since May 2024, and as Bollinger bands narrow, this suggests that prices
Another week brings another selection of new trade ideas from Flux Insights. This week, we look at trades in Gasoline and Fuel Oil Swaps. Our weekly Alpha report presents speculative and hedging trades based on technical analysis and data-driven tradecraft
The front-month (Nov’25) Brent futures contract oscillated between $68.10/bbl and $68.35/bbl this afternoon. At the time of writing (17:48 BST), it sits at the lower end of this range, at $68.10/bbl
View: Neutral Target Price: $67-69/bbl
Nov’25 Brent futures traded down to $67.39/bbl at 21.51 BST last night, before reaching $68.24/bbl at 10.25 BST and softening to $68.03/bbl at 11.33 BST (time of writing). The Caspian Pipeline Consortium (CPC), which transports around 1.5% of global oil
In the week ending 26 Aug, M1 Brent futures strengthened from below $66/bbl to $67.30/bbl, noting resistance at a high of $69/bbl on 25 Aug. Prices have since traded sideways, with the M1 (now, Nov’25) sitting at $67.75/bbl at the
Nov’25 Brent futures reached $67.92/bbl at 13.55 BST but softened to $67.50/bbl at 17.23 BST (time of writing). EU foreign policy chief Kaja Kallas said secondary sanctions and energy-related measures would be the most effective tools to weaken Moscow’s ability
HSFO markets extended its bearish performance over the fortnight, as the front barge crack declined from -$4 to around -$6.50/bbl where it saw better support this week. This time, weakness was driven by Europe, where selling in barge spreads pushed
Nov’25 Brent futures was fairly rangebound on Friday morning, trading in a 40c range between $67.40 and $67.80/bbl. In the news, Indian refiners, including IOC, BPCL, and Reliance, sharply increased US WTI crude purchases in August on competitive pricing, with
Oct’25 Brent futures failed to surpass the $68/bbl level on Thursday afternoon, dropping to lows of $67.40/bbl. Ultimately, prices have traded within a $1 range over the past day. Prices are being buoyed by the 100-day moving average, with $69/bbl
Crude prices have entered their late-summer lull, and market participants seem fairly content with prices in the upper $60s. The geopolitical temperature rose at the end of last week and the start of this week as Russia and Ukraine intensified
The naphtha market has seen great support this fortnight. The market has been really thin, and there have been a few fundamental support narratives. There has been some support in the market following the news of drone strikes at Russia’s
The Oct’25 Brent Futures contract fell to $67.47/bbl at 09:47 BST before rallying up to $67.75/bbl at 10:09 BST. Prices then jumped up to $67.86/bbl at 10:10 BST (time of writing). In the news, Volatility surged in China’s crude and
In the week ending 26 Aug, the M1 (Oct’25) Brent futures contract saw an uptrend in prices from $66 to $69/bbl. The contract saw better support as traders anticipated more US sanctions on Russian oil, as well as supply tightness
The Oct’25 Brent Futures contract initially rallied to $67.89/bbl at 15:34 BST before falling to $67.39/bbl at 16:22 BST. Prices have since bounced back to $67.83/bbl at 17:15 BST (time of writing). In the news, Russia launched a major drone
