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 Jan’26 Brent futures contract initially rose this afternoon, from $64.10/bbl at 14:00 GMT to $64.67/bbl at 16:00 GMT. Prices met resistance here, easing to $63.71/bbl at 17:00 GMT (time of writing). In the news, Serbian President Aleksandar Vucic has
The Jan’26 Brent Futures contract rallied all morning to $64.91/bbl at 10:50 GMT (time of writing). In the news, Russia’s Black Sea port of Tuapse has suspended fuel exports and its local oil refinery stopped processing crude after Ukrainian drone
The Jan’26 Brent futures contract rose this afternoon, from $63.93/bbl at 14:00 GMT to $64.55/bbl at 17:00 GMT (time of writing). In the news, a Reuters survey shows that OPEC’s oil output increased by 30kb/d m/m in October, although the
November has arrived, and things feel tentative in the North Sea market. The glut has not materialised yet in the physical market, with physical differentials strengthening from negative to above $0.50/bbl over the past week. Energy executives at the ADIPEC
The Dubai market has told a tale of two parts this week. By the end of last week…
M1 Brent futures trended down from $63.55/bbl on 14 Oct but failed to reach $60/bbl on 17-20 Oct. The contract then inched up to $61.30/bbl at the time of writing on 21 Oct. Still, the 10-day moving average (orange line)
The front-month (Jan’26) Brent futures contract weakened from the $64/bbl handle this morning to sit at $63.85/bbl at 10:11 GMT, where it met….
October proved to be a more volatile month for crude, where flat price saw a stunning reversal in late October just as Brent was on the cusp of falling below $60. A dose of shock was injected into the market,
The Jan’26 Brent futures contract has risen this afternoon, from $64.34/bbl at 15:29 GMT to $65.27/bbl at 16:30 GMT. Prices have since eased to $65.05/bbl at 17:30 GMT (time of writing). In the news, Reuters has reported that Venezuela’s oil
Another week brings another selection of new trade ideas from Flux Insights. This week, we look at trades in Naphtha and Fuel Oil.
The gasoline complex remained supported this week, with the Dec’25 RBOB swap crack rallying from a low of $12.65/bbl on 27 Oct to sitting at $14.35/bbl at the time of writing on 3 Nov, possibly bolstered by an EIA-reported 5.9mb
The naphtha swaps market held firm over the past week, as cracks rallied while spreads remain elevated. Bullish sentiment remains pertinent, given the US sanctions on Russia, which would trigger a re-routing of flows and create a greater two-tiered market
ICE COT data for the week ending 28 Oct shows open interest dropping by over 77mb w/w (marking a 2.5% drop w/w), reflecting that the rally may have been driven by short players stopping out after the sanctions announcement. Open
View: Neutral-to-Bearish  Target Price: $63-65/bbl The M1 Brent futures contract has been fairly uninspired this week, hovering just below the $65/bbl handle. Price volatility remains tepid and it seems players are done digesting the sanctions on Russian majors and is
The Jan’26 Brent futures gapped higher above $65/bbl on Monday morning’s open, seeing highs of $65.30/bbl around 06:40 GMT before sliding towards $64.50/bbl by 09:15 GMT (time of writing). OPEC+ agreed on Sunday to raise output by 137kb/d in December
