Flux Markets | Freight Carrying the Weight Skip to main content

Freight Carrying the Weight

3.5% neutral, HSFO crowded longs/caution, VLSFO curve bullish but momentum fading; E/W spreads strong.
Published: January 22, 2026
Share

Players priced out the US-Iranian tensions this week. Feb’26 3.5% barges cracks strengthened early in the week but have since been rangebound near -$10/bbl, with rising open interest driven mainly by buy-side positioning, though falling volumes temper bullish signals...

Premium Content

To continue reading this page, please login or find our about our subscription options.

More News

Brent softens ahead of Jul’26 expiry

US President Donald Trump said, in a Truth Social post, that "Iran must agree that they will never have a Nuclear Weapon or Bomb.....
4 page report

Brent Falls to $92/bbl

Brent trades around $92/bbl; front Jul/Aug Brent futures fall below $1 on expiry day; US imposes new vessel sanctions
4 page report

I think I’ve seen this film before

We will need a more robust confirmation of a ceasefire. The longer such a confirmation takes, the more likely it is we won't see one...
16 page report

Aug Brent Rebounds to $93.32/bbl

Brent swings on US-Iran deal reports; prices drop then rebound. Chevron boosts Greece offshore stake; Cheniere expands Sabine LNG. expansion
4 page report