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 M1 Brent/Dubai has coiled into a tight range between -$0.90/bbl and -$0.55/bbl for most of November, standing at -$0.85/bbl at the time of writing on 25 Nov. Trading has been rife with intraday volatility, with the market still lacking
The Feb’26 Brent futures contract eased this afternoon, from $62.69/bbl at 13:30 GMT to $61.00/bbl at 16:00 GMT. Prices met some support here, recovering to $62.15/bbl at 17:00 GMT (time of writing). In the news, the White House has said
The Jan’26 Brent futures opened slightly lower overnight Tuesday around $63.20/bbl, before ticking lower towards $62.80/bbl where it found support. As of 17:30 SGT (time of writing), prices are trading around $62.87/bbl. In the news, top US Army official Dan
The M1 RBOB crack (SwSw) has seen a significant sell-off this week, dropping from closing at $16.30/bbl on 18 Nov to reaching a low of $13.90/bbl on 14 Nov, recovering to around $14.00/bbl at the time of writing on 25
Another week brings another selection of new trade ideas from Flux Insights. This week, we look at trades in Gasoline and Fuel. Our weekly Alpha report presents speculative and hedging trades based on technical analysis and data-driven tradecraft methods on
The naphtha swaps market maintained a broadly cautious tone this week as players weighed conflicting signals across regions. A drone strike on Russia’s Ryazan refinery reignited supply concerns in the Eastern market, echoing earlier refinery disruptions and helping keep Eastern
Sentiment turned sour in the gasoline complex, with the Dec’25 RBOB swap crack selling off from a high of $17.50/bbl on 14 Nov to $14/bbl on 21 Nov. This level met support, taking the crack to $14.70/bbl at the time
The Jan’26 Brent futures contract rose this afternoon, from $62.36/bbl at 14:30 GMT to $62.92/bbl at 17:00 GMT. In the news, Russia’s Tuapse refinery (capacity 240kb/d) has restarted processing crude after drone attacks earlier this month. According to LSEG data,
View: Cautiously Bullish Target Price: $63-65/bb Front-month Jan’26 Brent futures fell to a 1-month low last week amid easing geopolitical tensions, where the market saw a bearish reaction upon a renewed push towards a peace deal and ceasefire in Ukraine
The Jan’26 Brent futures contract eased this morning, from $62.75/bbl at 07:00 GMT to $62.02/bbl at 10:00 GMT (time of writing). According to Reuters calculations, Russian state oil and gas revenues are expected to decline by roughly 35% m/m in
In the week ending 18 Nov, the M1 ICE Brent futures contract saw little to no change, dropping from closing below $65.05/bbl on 11 Nov to a low of $62.35/bbl on 13 Nov and rose to close at $64.92/bbl on
The Jan’26 Brent futures contract eased this afternoon, from $63.05/bbl at 13:15 GMT to $62.31/bbl at 17:00 GMT (time of writing). In the news, discounts for Russian Urals crude at Indian ports have tripled since August compared to Dated Brent,
The Jan’26 Brent futures contract has fallen this morning, from $62.83/bbl at 06:35 GMT to $62.29/bbl at 10:00 GMT (time of writing). In the news, a Bloomberg report has stated that US sanctions on Russian oil majors Lukoil and Rosneft
Europe is frozen! In contrast to the US government, which is back in action and is drip-feeding the market with months-old data. Data scheduled to be released on 07 Oct showed that the US trade deficit decreased 23.8% to $
The front-month Brent futures contract dropped from $64.35/bbl at 15:50 GMT to $63.90/bbl at 16:20 GMT before easing further to $63.15/bbl at the time of writing (17:08 GMT). Ukrainian President Volodymyr Zelenskyy has reportedly agreed to work on the US’
