Reports

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

Brent Review: 2nd August 2024

We expected the now-prompt October’24 Brent futures contract to trade between $78-80/bbl at the end of the week. In line with this forecast, the benchmark futures contract sits at $79.90/bbl as of 10:00 BST on Friday. As we recap what

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European Window cover

European Window: Brent softens below $81/bbl

The October Brent futures flat price continued to trade at the elevated $81.50/bbl level before sharply declining at 15:00 BST by over $1/bbl before finding support in the low $80s, printing $80.17/bbl at 17:20 BST (time of writing)….

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CFTC Weekly cover

CFTC Predictor: Did the bears get too comfortable?

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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LIVE: Oil Market Chatter

Welcome to our Live Blog of what is driving oil and other markets throughout the day. If you hear otherwise, let us know at insight@onyxcapitaladvisory.com

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Daily Trade Idea: 01/08/2024

Long Sep/Oct 3.5 Barges On a technical perspective on SEP/OCT Barges, Price is now trading below the lower Bollinger band, and also below the lower RSI, indicating that its trading in the oversold territory. We have observed that majority of

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LPG Report: Eur-up, up, up!

The US LST vs Far East propane (LST/FEI) arb weakened to -$220/mt this fortnight after initially rallying to -$200/mt at the start of the month. This weakness came despite LST/FEI buying, highlighting weakness in US LST propane.

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Daily Trade Idea: 31/07/2024

Short Aug Nap E/W Expecting a continuation of weakness as the E/W goes into pricing, driven by stronger Europe cracks and a run of poor economic data from China affecting perceived demand 

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Naphtha report

Naphtha Report: Spreads getting the CHOP-J

We continue to see strength across the naphtha complex, although we appear to now be approaching the dangerous realm of potential buy-side saturation with rising selling in naphtha cracks in Europe, alongside selling in the E/W.

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