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.
The propane complex has seen oscillatory price action and mixed sentiment, exacerbated by choppy crude prices. FEI/CP was buoyed by higher crude, as Sep’25 surpassed $20/mt, while Q4’25 rose from -$4 to $8/mt over the fortnight. FEI/MOPJ sold off in
The Oct’25 Brent futures contract has been rangebound between $66.90/bbl and $67.30/bbl this morning, now sitting at $67.08/bbl at the time of writing (12:00 BST).
There has been relentless selling in Brent/Dubai this fortnight – Not just in the front, but a huge amount of selling in the Q1 and Q2’26 differentials too. At the same time, there has been a lot of buying in
M1 Brent futures rose from $65.60/bbl on 19 Aug to $69/bbl, before easing to $67.30/bbl on 26 Aug. The Ichimoku lag line briefly attempted to break above but failed and slipped below cloud support, opening room for further downside. Immediate
The Oct’25 Brent Futures contract initially rallied to $68.23/bbl at 15:37 BST before falling to $67.36/bbl at 16:07 BST. Prices have since fallen further to $67.26/bbl at 17:30 BST (time of writing).In the news, PetroChina has proposed a $5.59 Bn
The North Sea physical differential reached a high of $0.70/bbl before falling to $0.49/bbl towards the end of the week. On 22 Aug, BP and Total were on the sell side of WTI Midland. Meanwhile, Gunvor and Petroineos offered Forties.
The Oct’25 Brent Futures contract has seen a weak morning, trading down from around $68.50/bbl to $67.69/bbl, where it prints at the time of writing (11:25 BST). In headlines Indian refiners are expected to trim near-term Russian oil purchases as
Oct’25 Brent futures rose over $68.00/bbl this morning, reaching $68.21/bbl at 11.11 BST but softening to $68.13/bbl at 11.23 BST (time of writing). Sinopec, China’s biggest refiner, will cut refining throughput for a second year as gasoline and diesel demand
The Oct’25 Brent crude futures traded between a 50c range from $67.50 to $68/bbl on Friday afternoon. Prices are on track for a weekly rise, but face a technical hurdle at the $68/bbl level, which is where Brent saw support
Oct’25 Brent futures rose in the early morning to $67.94/bbl at 08.37 BST before dropping to $67.60/bbl at 11.28 BST (time of writing). The US Treasury sanctioned Greek shipping entrepreneur Antonios Margaritis, his network of companies, and nearly a dozen
After a painfully sideways start to the week, the M1 (Oct’25) Brent futures contract has seen an uptick, climbing from the $65-66/bbl corridor to printing at $67.55/bbl at the time of writing on 21 Aug. This support materialised alongside an
The Oct’25 Brent crude futures traded within a $1 range on Thursday afternoon between $66.80 and $67.60/bbl. Prices are on track to finish the day higher, having broken out of the past fortnight’s trading range, with the 20-day moving average
The gasoline market saw renewed bullish vigour going into the end of summer. The Sep’25 EBOB crack reached intraday highs of $17/bbl on 21 Aug, the highest level for an M1 contract since May. Various refinery outages have exacerbated Atlantic
The Oct’25 Brent Futures contract slowly rallied to $67.48/bbl at 08:19 BST, before falling to $67.29/bbl at 09:16 BST. Prices have since recovered back up to $67.49/bbl at 11:10 BST (time of writing). In the news, Nayara Energy, the Indian
In the week ending 19 Aug, the M1 (Oct’25) Brent futures contract traded sideways, oscillating between the $65 and $66/bbl handles to finally sit at $66/bbl on 19 Aug. The contract subsequently saw more support following an EIA-reported decline in
