Naphtha & Gasoline reports
Please note that these reports will now be published every Thursday.
The Jan’25 Brent futures contract saw strength this morning amid rangebound price action, increasing from $72.90/bbl at 07:00 GMT to $73.05/bbl at 10:40 GMT (time of writing). Prices saw a brief dip to around $72.70/bbl at 09:10 GMT before rising
The Jan’25 RBOB futures contract has been rangebound over the past fortnight, trading between 1.95c/gal to 2.00c/gal….
The Jan’25 Brent futures contract initially traded rangebound around high $73/bbl levels this afternoon, before falling to $72.30/bbl level at 18:00 GMT (time of writing). There was a brief spike to $74.25/bbl just before 14:45 GMT as a Bloomberg report
The physical Dated market remains very strong, with the physical differential remaining in triple figures for around ten days now, at 104c/bbl on 25 Nov. There has been a slight introduction of softness this week as players are pricing in
Another week brings another selection of new trade ideas from Onyx Research, this time looking at trades in LPG and Gasoil swaps. Our weekly Onyx Alpha report presents speculative and hedging trades based on technical analysis and data-driven tradecraft methods
The Jan’25 Brent futures contract saw steady support this morning, increasing from $73.13/bbl at 07:00 GMT up to $73.70/bbl at 10:40 GMT (time of writing).
The Jan’25 Brent futures contract declined this afternoon from $75.15/bbl at 12:00 GMT down to around $73.10/bbl at 17:40 GMT (time of writing). Bearish sentiment prevailed this afternoon while markets turned focus to talks of an Israel-Hezbollah ceasefire. A senior
After a rangebound start to the week in Brent futures, we saw steady strength as the Jan’25 contract rose from an intraday low of $71.10/bbl on 18 Nov to an intraday high of $74.65/bbl on 22 Nov. Among several bullish
The Jan’25 Brent futures contract concluded last week on a solid note, closing at $75.20/bbl on 22 Nov off the back of escalating tension around the Ukraine war. Prices softened to $74.35/bbl this morning, where they found support briefly, but
In the week ending 19 November, there was a consolidation of the long:short ratios for money managers in Brent and WTI. This is the first time since May that the Brent funds’ long:short ratio surpassed WTI’s. The combined positions showed
The Jan’25 Brent futures contract has softened from $75.30/bbl, seen at 01:10 GMT today, to $74.80/bbl (as of 10:35 GMT, time of writing).
The M1 Henry Hub natural gas futures rallied to $3.563/MMBtu on 22 Nov, although the benchmark natural gas futures contract appears to be meeting resistance at this level. According to LSEG, the amount of gas flowing to the seven big
The Jan’25 Brent futures contract was supported this afternoon, moving up more than $1 from $73.80/bbl at 12:00 GMT to $75.05/bbl at 17:35 GMT (time of writing). Geopolitical tensions remain at the forefront as Ukraine’s ex-military Commander-in-Chief Valery Zaluzhny stated
The Jan’25 Brent futures contract strengthened this morning from $74.20/bbl at 07:00 GMT up to just over $74.80/bbl at 08:15 GMT. We saw a decline to $74.18/bbl by 09:15 GMT, however, recovered to around $74.40/bbl at 10:45 GMT (time of
The Jan’25 Brent futures contract declined from an intraday peak of $74.37/bbl at 12:30 GMT down to $73.55/bbl at 17:40 GMT (time of writing). In the news today, China is projected to import around 11.4mb/d of crude oil in November,
