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 rose to a high of $65.15/bbl at 13.06 GMT before it softened to see support at $64.25/bbl around 16.15 GMT before it inched up to $64.72/bbl at 17.30 GMT (time of writing). President Trump denied considering
The Jan’26 Brent futures contract has eased slightly this morning, from $65/bbl at 08:30 GMT to $64.56/bbl at 10:30 GMT (time of writing). In the news, Reuters reported that Indian Oil Corp has purchased five cargoes of Russian oil scheduled
The Jan’26 Brent futures contract has marginally risen this afternoon, from $64.23/bbl at 13:00 GMT to $64.37/bbl at 17:00 GMT (time of writing). In a Bloomberg TV interview, US Energy Secretary Chris Wright stated that the US is prepared to
The cross-continent contempt between China and the US has been defused in part as Xi Jinping and President Trump had a short but “12” on a scale of 0-10 meeting. Brent ticked up on this, but it was not a
The HSFO market is a little softer, with 380 dictating flow. The Dec’25 3.5% barges crack remains near seasonal highs despite a late-week pullback, supported by rising open interest and positioning that hints at short covering ahead. Overall tone remains
The Jan’26 Brent futures contract has dipped this morning, from $64.90/bbl at 04:00 GMT to $64.49/bbl at 10:00 GMT (time of writing). In the news, Reuters has reported that Russia’s Lukoil has agreed to sell Lukoil International GmbH, its international
This week, in all three contracts, money managers are anticipated to increase length while trimming shorts. Producers/merchants, in contrast, are expected to be risk-off across the three contracts, trimming both longs and shorts.
Further detailed information on other categories
The Jan’26 Brent futures contract has risen this afternoon, from $64.37/bbl at 13:00 GMT to $65.02/bbl at 17:00 GMT (time of writing). In the news, Reuters has reported that India’s HPCL-Mittal Energy Ltd has suspended Russian oil purchases after new
The Jan’26 Brent futures contract initially rose this morning, from $64.25/bbl at 05:00 GMT to $64.77/bbl at 07:00 GMT before reversing to $63.98/bbl at 08:30 GMT. Prices have since recovered to $64.58/bbl at 10:30 GMT (time of writing). In the
The Dated complex has gone on a bit of a rollercoaster. As the market faced an imminent glut with 2026 spreads in heavy contango, the Russia sanctions news came in and shocked the market higher. Brent flat price and spreads
The Dec’25 Brent futures contract has fallen this afternoon, from $64.94/bbl at 14:00 GMT to $64.37/bbl at 17:00 GMT (time of writing). In the news, Slovakia’s Slovnaft refinery (capacity 4.8mmt) has stated that Croatian pipeline operator JANAF has cut non-Russian
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 Dec’25 Brent futures contract fell this morning, from $65.58/bbl at 05:30 GMT to $64.64/bbl at 10:30 GMT (time of writing). In the news, Reuters has reported that Asian refining profits have reached their highest in over a year, driven
Another week brings another selection of new trade ideas from Flux Insights. This week, we look at trades in Gasoline and Naphtha…..
The Dec’25 Brent futures contract has traded rangebound this afternoon, seeing lows of $65.66/bbl at 12:00 GMT and highs of $66.33/bbl at 15:00 GMT. Prices have eased since then, settling to $65.84/bbl at 17:00 GMT (time of writing). According to
