The Jan’26 Brent futures contract initially rose this morning, from $64.25/bbl at 05:00 GMT to $64.77/bbl at 07:00 GMT before reversing to $63.98/bbl at 08:30 GMT. Prices have since recovered to $64.58/bbl at 10:30 GMT (time of writing). In the
The Dated complex has gone on a bit of a rollercoaster. As the market faced an imminent glut with 2026 spreads in heavy contango, the Russia sanctions news came in and shocked the market higher. Brent flat price and spreads
The Dec’25 Brent futures contract has fallen this afternoon, from $64.94/bbl at 14:00 GMT to $64.37/bbl at 17:00 GMT (time of writing). In the news, Slovakia’s Slovnaft refinery (capacity 4.8mmt) has stated that Croatian pipeline operator JANAF has cut non-Russian
M1 Brent futures trended down from $63.55/bbl on 14 Oct but failed to reach $60/bbl on 17-20 Oct. The contract then inched up to $61.30/bbl at the time of writing on 21 Oct. Still, the 10-day moving average (orange line)
The Dec’25 Brent futures contract fell this morning, from $65.58/bbl at 05:30 GMT to $64.64/bbl at 10:30 GMT (time of writing). In the news, Reuters has reported that Asian refining profits have reached their highest in over a year, driven
Another week brings another selection of new trade ideas from Flux Insights. This week, we look at trades in Gasoline and Naphtha…..
The Dec’25 Brent futures contract has traded rangebound this afternoon, seeing lows of $65.66/bbl at 12:00 GMT and highs of $66.33/bbl at 15:00 GMT. Prices have eased since then, settling to $65.84/bbl at 17:00 GMT (time of writing). According to
In the week ending 21 Oct, Brent futures fell from $63.56/bbl on 14 Oct to lows of $60.40/bbl on 17 Oct amid rising US-China trade tensions and concerns of a supply glut pressuring sentiment. Prices met some support at this
View: Cautiously Bearish  Target Price: $62-64/bbl  Brent crude futures returned to two-week highs last week, where prices saw an outsized rally as the US imposed sanctions on Russian oil giants Rosneft and Lukoil for the first time. Prices reached highs
The Dec’25 Brent futures contract has fallen this morning, from $66.40/bbl at 06:00 GMT to $65.08/bbl at 09:00 GMT. Prices met some support here, rising to $65.29/bbl at 10:30 GMT (time of writing). In the news, US Treasury Secretary Scott
The Dec’25 Brent futures contract eased this afternoon, falling from $66.73/bbl at 1:00 BST to $66.08 at 14:00 BST before meeting support and recovering to $66.38/bbl at 18:00 BST (time of writing). In the news, BP has reported that its
The Dec’25 Brent futures contract rose this morning, from $65.58/bbl at 05:00 BST to $66.28/bbl at 09:30 BST before easing to $65.93/bbl at 11:00 BST (time of writing). In the news, Reuters has reported that US sanctions on Russia-owned NIS
The Dec’25 Brent futures contract has risen this afternoon, from $65.19/bbl at 14:00 BST to $66.07/bbl at 17:30 BST (time of writing). Crucially, prices have met resistance at the 50-day moving average. In the news, Reuters has reported that OPEC
Another round of sanctions was slapped on Russian entities from the US, and the market responded in kind and reversed its weekly losses to test the 50-day moving average and tussle around the $65.00/bbl level, with monthly highs of $66.60/bbl
The HSFO complex saw continued strength this week, driven by bullish sentiment in the 3.5% barge complex. The front Nov’25 crack remains supported above -$3/bbl, while the Bal-Oct/Dec’25 spread is holding above $20/mt. A bullish pricing play by a Geneva
