Flux Markets | Naphtha catches a break Skip to main content

Naphtha catches a break

The overall market split in flows in the NWE crack vs Onyx highlights a still-short market, suggesting further room for profit-taking....
Published: June 15, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
and
Martha Dowding

Martha Dowding

Research Associate, Flux
Martha Dowding
17 page report
Share
  • Naphtha has seen better support this week. The Jul’26 NWE naphtha crack inched up from around -$12/bbl on 08 Jun to -$9/bbl on 15 Jun at the time of writing. Net positioning in the front NWE crack vs Onyx showed short-positioned players trimming positions, driven by trade houses - pointing to potential profit-taking...

Premium Content

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

Written by

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

Martha Dowding

Research Associate, Flux
Martha Dowding

About Naphtha Report

Get a mix of market commentary, flow-based analysis, and prompt insights in this premium weekly report about naphtha markets.

Related News

Brent strengthens as US and Iran exchange strikes for the first time in weeks

Brent rises above $91/bbl as the US and Iran trade strikes; US Treasury imposes secondary sanctions on Banque Misr's UAE branches

Brent Regains as QatarEnergy Extends Force Majeure

Brent recovers to $88.28 as Qatar extends LNG force majeure, Germany fills gas storage, Energean eyes BP's Egypt assets.

Brent Rangebound As Trump Eyes Meeting with Domestic Refiners and Retailers

Brent holds near $88 as Trump meets refiners, eyes Venezuela oil stake; Gulf flows recover 2/3; Brazil export tax hit by legal limbo.

Brent Trades in $2 Range as SoH Traffic Ticks Up

Brent dips as Hormuz traffic ticks up, Dar Blend returns to Singapore, Turkey diesel imports hit record, Qatar/Kuwait exports rebounds.