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TECHNICAL ANALYSIS REPORT

A weekly premium report comprising movements in price action across key swaps and futures contracts

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To resistance and beyond

CTA net long positioning in Brent futures has risen from -7.5k lots on 07 Aug to -1.7k lots on 11 Aug, with ample room on the buy-side....
9 page report
11 August 2026

Fickle Markets

Brent approaches dovetailing moving averages, RBOB crack momentum increasingly negative
9 page report
4 August 2026

Pricing For Peace

Brent surged to $102 before reversing sharply. Resistance sits near $100, while key support lies at $80, followed by $70.
9 page report
28 July 2026

Testing Resistance

Brent, cracks and Brent spreads remain bullish but face key resistance, while E/W gasoline rebounds and 3.5% barge stays rangebound.
9 page report
21 July 2026

Reversals (almost) all around!

Bullish strength and momentum in all but RBOB
9 page report
14 July 2026

Bullish Cracks

Bearish crude momentum is fading as product cracks strengthen, with gasoline and gasoil leading while 92 East/West weakens.
9 page report
7 July 2026

Brent Under Pressure, Cracks Diverge

Brent targets $70 while product cracks diverge, with RBOB and gasoil outperforming.
9 page report
30 June 2026

Downside Grind

Brent, spreads, gasoil & fuel oil bearish toward key supports; RBOB crack stays relatively strong despite fading momentum.
9 page report
23 June 2026

Dialling down on Momentum

The RSI has also fallen in line with prices but remains above 30 (oversold territory), suggesting further room for downside price action....
9 page report
16 June 2026

Re-Evaluation

Brent stays rangebound near $93, with $100 resistance above and key technical support around $90-$87 below.
9 page report
9 June 2026

Slow Motion

Brent, spreads and cracks stay mostly bearish; support levels under pressure as momentum softens. Downside favoured, except gasoline E/W.
9 page report
2 June 2026

Bearish Retreat

Brent futures retreats into Ichimoku cloud; Brent spreads sees steady bearish momentum; RBOB cracks correct from overbought
9 page report
26 May 2026

Fading Strength

Brent and refined product markets remain broadly rangebound with fading trend strength and compressing momentum
9 page report
19 May 2026