DATED BRENT REPORT
Keep your finger on the pulse of crude markets with this weekly premium report providing market drivers, flow-based analysis, and timely insights to market participants.
Subscribe now
To subscribe to this series and more, please contact us.
Our reports are now published by The Officials, and accessible through the Flux platform. Login to Flux 4.0 to view them, or visit The Officials website to learn more and sign up to a free trial.
Latest
Paper flows have been better offered in the Nov'26 DFL. We have seen selling in the 26-30 Oct and 02-06 Nov region amid expectations....
Holding the Fort
We have seen a shift in paper flows otherwise, with notable selling in the 19-23 and 26-30 Oct vs Cal Nov rolls....
Gung Ho For Midland
Quoting our benchmark publication, 'Totsa and Vitol are really going for it', aggressively lifting the back of the BFOETM curve....
October Melts in the Middle
Interestingly, the 05-09 Oct 3-week roll saw really strong offers, so keep an eye on this...
The Run Continues
Dated Brent physical diff soars from $3.40 to $8.82/bbl; Oct'26 DFL nears $10; strength concentrated in 05-09 Oct roll, no reversal in sight
Dated Dubai Lead-Lag
he current strength comes amid the backdrop of continued Middle Eastern geopolitical uncertainty, dominating conversations during APPEC....
The Sooner the Weaker…
The physical differential inches up with the weakness localised in the prompt weeks
Dated Gets Dragged
Midland dominates Brent trade as Exxon, Shell, Totsa lift cargoes; PetroIneos-Totsa deal sparks bounce, but Chinese selling pressures curve.
Monday Blues
Dated Brent structure capitulates as the front flips into contango; weakness absorbed by the 24-28 Aug CFD
Gone with the (un)wind
However, Sep'26 and Oct'26 DFL have been more resilient amid a Singaporean player buying the Sep'26 DFL in good size....
This Time Is (Diff)erent
Prompt tightness in Dated Brent amid continued CPC disruptions; physical differential nears $4/bbl with all BFOETM grades bid except Brent
CPC Giveth, CPC Taketh Away
CPC disruptions lifted Dated structure, but resumed loadings reversed gains as physical and spreads weakened.
Turning A Corner
Divergence between weak physical and stronger forward curve and futures sentiment; strength focused in backend Aug into Sep structure