Reports

Industry-leading market insights. Get daily, weekly and monthly reports from Onyx Research, featuring expert analysis and interactive graphs. ​

Naphtha & Gasoline reports

Please note that these reports will now be published every Thursday.

LNG Market Report: Winter Calling

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

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European Window cover

European Window: Brent Reaches $75/bbl

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

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European Window cover

European Window: Brent Weakens to $73.55/bbl

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,

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Trader Meeting Notes

Trader Meeting Notes: Tug-of-War

This week has seen a battle between bullish and bearish forces, kicking off with a focus on poor Chinese oil demand as China’s refinery run rates fell for the seventh month in a row, down 4.6% y/y. Moreover, China’s VAT

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CFTC Weekly cover

CFTC Predictor: Bulls Tip-Toe Back Into The Market

In addition to our regular Monday CFTC COT analysis report, Onyx Insight will publish its own in-house CFTC COT forecast ahead of the official Friday report. The model forecasts changes in long and short positions using machine learning, utilising Onyx’s

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European Window cover

European Window: Brent Futures Fall to $72.90/bbl

The Jan’25 Brent futures contract declined this afternoon after initial strength, moving from $73.60/bbl at 12:00 GMT up to $73.93/bbl at 14:00 GMT, before falling to $72.90/bbl at 17:40 GMT (time of writing). Crude oil prices fell to the $73/bbl

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LPG Report: Propane Export Bonanza

Middle Eastern propane (C3 CP) drove bullish sentiment in the propane market as CP attracted sticky buying despite lower crude. This was aided by a strong CP settlement and improved demand from India during its festival season. As a result,

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European Window cover

European Window: Brent Strengthens To $73.35/bbl

The Jan’25 Brent futures contract strengthened this afternoon from $72.95/bbl at 12:00 GMT up to $73.35/bbl at 17:45 GMT (time of writing). Crude prices were volatile this afternoon, rising to $73.85/bbl at 15:25 GMT and steeply selling off to $72.85/bbl

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Naphtha report

Naphtha Report: Cracking Under Pressure

The naphtha market has struggled over the past two weeks, with poor performance observed across both European and Asian complexes. We saw flows primarily skewed towards the sell-side, with trade houses and refiners being key sellers in the NWE crack

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Dubai Market Report – Funds Fiending Brent/Dubai

November continues to be a lacklustre month in the Brent/Dubai complex as market participants gradually retreat and become more risk-off leading up to Christmas. Glance no further at open interest levels where market risk is focused in the front tenors

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