Brent Back Above $83/bbl
May 13, 2024
The July Brent futures flat price has been well-supported this morning, rising from its low of $82.40/bbl at 06:40 BST to a peak of $83.20/bbl at 10:20 BST.
Reports
Industry-leading market insights. Get daily, weekly and monthly reports from Flux Research, featuring expert analysis and interactive graphs.
Daily Trade Idea: 13/05/2024
May 13, 2024
For Brokerage services across the barrel and to receive our weekly trade ideas, contact insight@onyxcapitaladvisory.com
Brent Retraces To $83/bbl Levels
May 10, 2024
The July Brent futures flat price has had a limp afternoon, beginning at a high of $84.45/bbl at 12:00 BST, before a small retracement down to $84.05/bbl at 14:05 BST, at which point it immediately regained its losses, rising to
LNG Report: Not From Russia With Love
May 10, 2024
The Panama Canal is in talks with US LNG producers to increase transit through the passage as water levels begin to recover.
Brent Content In $84/bbl Handles
May 10, 2024
The July Brent Futures flat price has generally been well supported this morning, rising to a high of $84.50/bbl at 08:00 BST. Following this, it briefly softened to $84/bbl by 09:45 BST, before it swiftly rebounded to $84.30/bbl handles, where
Brent Review: 10/05/2024
May 10, 2024
Jul Brent futures began the week supported to stable mid-$83/bbls amid the news of Saudi hiking OSPs for the third consecutive month, with Arab light for Jun delivery has increased by 90c/bbl to $2.90/bbl. The market returned from the thin
TMNs: Silence of the Bears
May 9, 2024
A steady but strong downward trend was felt in the market for much of this week as Buffalo Bear directed pessimism which was hard to counter with any real conviction
Brent Stable Around High $83/bbl Handles
May 9, 2024
The July Brent Futures flat price has had a fairly rangebound afternoon. Having risen to a daily high of $84.35/bbl at 12:00 BST, it is has seen a steady decline to twice fall to $83.50/bbl at both 14:25 BST and
Brent sees Volatility around $84/bblÂ
May 9, 2024
The Brent Futures contract has seen a mixed morning, rising from high $83/bbl levels in the early morning to peak at $84.33 at 9:06 BST, before retracing and eventually settling around $84.18.
CFTC Predictor: Fire Sale!
May 9, 2024
In addition to our regular Monday CFTC COT analysis report, Onyx Insight will publish its own in-house CFTC COT forecast ahead of the official Friday report. The model forecasts changes in long and short positions using machine learning, utilising Onyx’s
FE-Aye Aye Aye!!
May 8, 2024
Jun FEI/CP rallied to $44.50/mt on Apr 26 following market confusion as the CP release was put out early and supported buying in the FEI/CP.
Brent Rallies Back Into Mid-$83/bbl Handles
May 8, 2024
The July Brent Futures flat price had a weak start to the afternoon, reaching a low of $82.05/bbl at 13:30 BST before aggressively shooting up to a high of $83.80/bbl at 16:45 BST, after which it retraced down slightly and
Brent Dips Into $81/bbl Handles
May 8, 2024
The July Brent Futures flat price has had a weak morning, ticking down consistently since its high of $82.80/bbl at 05:00 BST. Significantly, the morning saw the contract drop into $81/bbl handles, and reach a low of $81.80/bbl at 10:30