The Jan’26 Brent futures contract slipped this afternoon, from $64.50/bbl at 13:00 GMT to $62.80/bbl at 16:30 GMT (time of writing). In the news, an OPEC report has forecast that global supply in 2026 will match demand, marking a shift
London, Monday 10th November 2025 – Flux News is proud to announce the appointment of veteran TV and Radio journalist, Lisa Aziz, as the official Host of Flux News, bringing her unparalleled broadcasting experience to the network’s flagship programming. With
The Jan’26 Brent futures contract has seen lower highs this morning, from $65.12/bbl at 01.03 GMT to $64.60/bbl at 09.37 GMT (time of writing). The International Energy Agency’s 2025 World Energy Outlook projects that global oil and gas demand could
The Jan’26 Brent futures contract rose this afternoon, from $64.45/bbl at 13:00 GMT to $65.28/bbl at 17:00 GMT (time of writing). According to Reuters, Chinese refinery Yanchang Petroleum (capacity 348kb/d) is seeking non-Russian oil in its latest crude tender for
The past few sessions were a calamity for North Sea crude bulls, as the physical differential collapsed towards -$0.80/bbl, the lowest level since May 2024. Falling by 80c in a session, Vitol, which previously was the main buyer, flipped short,
Volumes in the Dubai complex slipped into a lull this week, with Dubai spreads largely shadowing the weak Dated Brent narrative….
The M1 ICE LS gasoil swap crack remains extremely strong, creating new seasonal highs. The contract rose from $28.15/bbl lows on 04 Nov, failed to break out of the Bollinger band on 07 Nov, with a high of $34.15/bbl, and
This morning, Jan’26 Brent futures slumped to $63.63/bbl at 07.48 GMT before strengthening to $64.43/bbl at 09.15 GMT, remaining around this level at 09.50 GMT (time of writing). Reuters reported that the Chinese refiner Yanchang Petroleum has suspended imports of
The Jan’26 Brent futures contract eased this afternoon, from $64.10/bbl at 14:00 GMT to $63.42/bbl at 17:00 GMT (time of writing). In the news, Reuters reported that Russia’s Lukoil has declared force majeure at its Iraqi oil field, West Qurna-2
The naphtha swaps market was relatively flat last week. Despite a general lack of direction, US sanctions on Russia have continued to support the swaps market as it searches for greater conviction. Nigeria’s Dangote refinery continues its maintenance, this time
Another week brings another selection of new trade ideas from Flux Insights. This week, we look at trades in Gasoline and Crude.
ICE COT data for the week ending 04 Nov shows open interest falling for the second week, by over 75.8mb w/w (marking a 2.2% drop w/w). This suggests the market is still adjusting to the news from last week, with
The gasoline complex continued to be very well supported this week, reaching new seasonal highs across European and Singapore benchmarks. The M1 RBOB swap crack rallied from finding support at the 50-day moving average at $14.00/bbl on 03 Nov and
View: Neutral-to-Bullish Target Price: $63-65/bbl The M1 Brent futures flat price contract found a floor below $63/bbl on 6 Nov and has since risen to $63.90/bbl at the time of writing on 10 Nov. Short-term technical movements hint at near-term
The Jan’26 Brent futures contract traded relatively flat this morning, from $64.22/bbl at 06:00 GMT to $64.04/bbl at 10:30 GMT (time of writing). In the news, Reuters has reported that Indian state refiners HPCL and MRPL have purchased 5mb of
