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.
Jakarta, August 30, 2024 – Jakarta Futures Exchange (JFX) signed a Memorandum of Understanding (MOU) with Onyx Capital Group to develop new energy products. The new futures contracts will be jointly designed and managed. The MOU signing ceremony took place
QatarEnergy’s joint venture, which aims to convert the Golden Pass LNG import terminal in Texas into a large-scale export facility, has requested a three-year extension from US authorities to complete the project by 30 November 2029
Nov’24 Brent futures flat price was volatile this morning, strengthening from $79.14/bbl at 07:00 BST to a high of $79.49/bbl at 08:25 BST before declining to $78.81 at 11:20 BST (time of writing). In the news today, OPEC’s secretary general
Nov’24 Brent futures flat price rallied this afternoon, increasing from $77.72/bbl at 12:00 BST to a high of $79.55/bbl at 15:00 BST before coming to rest around $78.47/bbl at 17:45 BST (time of writing). In the news, Typhoon Shanshan hit
In this week’s crude pendulum, we swung above $80 and back down again in a (co)sinusoidal fashion. Range trading seems to be the play here, and the trend-latching CTAs would have likely been well rewarded. The amount of outright managed
The October Brent Futures contract has seen a volatile morning, trading from $78.90/bbl around 08:45 BST to a low of $78.12/bbl at 10:00 BST before rallying back up to print at $78.68/bbl, at the time of writing (11:30 BST). In
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
This afternoon, Nov’24 Brent futures flat price showed upward movement from $77.30/bbl at 12:00 BST to $77.90/bbl at 17:00 BST (time of writing). During this time, prices were volatile with a rally to $78.16/bbl, a marked decline to $77.36/bbl at
Sentiment largely improved this fortnight in Asian LPG, with the Oct/Nov Far East (FEI) propane spread surging up from -$3/mt on 14 Aug to $1.50/mt on 27 Aug.
This morning, the October Brent Futures contract has seen a steep decline from highs of $79.70/bbl at 07:55 BST down to $78.35/bbl at the time of writing (11:30 BST). In headlines, an oil depot in the Russia’s southern Rostov region
It was a paradigm shift in the Brent/Dubai crude market as the orderly downtrend in Brent/Dubai gave way to a mighty rally on 26 August following Brent’s rally on the Libyan supply disruption news. The Sep’24 Brent/Dubai widened from $0.30/bbl
Despite the vanishing trading volumes amid 26 Aug’s UK public holiday, the beginning of the week has been anything but quiet in Brent futures.
The international naphtha market continued to see shocking strength unfold. There has been decent buying in the NWE naphtha spreads, compared to the likely profit-taking flow in the East, although both markets have been quite quiet in the fortnight. Weaker
The October Brent futures flat price suffered a setback on Tuesday afternoon as its sell-off accelerated following the US open. Price action fell from the $81/bbl level at 12:00 BST to lows of $79.63/bbl by 17:25 BST (time of writing).
Another week brings another selection of new trade ideas from Onyx Research, this time looking at trades in Dated Brent, Gasoil and Naphtha. Our weekly Onyx Alpha report presents speculative and hedging trades based on technical analysis and data-driven tradecraft
