Welcome to 2026, the Year of the Horse, a fitting title for what already looks like a volatile ride for energy markets. The year opened with the US capture of Venezuelan President Nicolas Maduro…..
Brent Tiptoeing $60/bbl View: Cautiously Bullish Target Price: $60-63/bb The Mar’26 Brent futures contract has traded above the $60/bbl handle for the last week, though prices briefly dipped to $59.76/bbl on 05 Jan (time of writing). Despite this early morning
The Mar’26 Brent futures contract has risen this afternoon, from $61/bbl at 12:30 GMT to $61.86/bbl at 15:55 GMT; prices have since eased to $61.66/bbl at 17:05 GMT (time of writing). In the news, US President Trump has threatened higher
Another week brings another selection of new trade ideas from Flux Insights. This week, we look at trades in Gasoline and Middle Distillate swaps. Our weekly Alpha report presents speculative and hedging trades based on technical analysis and data-driven tradecraft
The gasoline complex has retreated from the highs of early Q4 as cracks sold-off dramatically, while market positioning is more balanced to start the new year. Bearish momentum in the cracks have waned as prices stabilised over the festive period
In the week ending 23 Dec, crude prices met significant support levels and climbed w/w. Nevertheless, the week was marked by a quiet atmosphere as the market closed in anticipation of the Christmas and end-of-year holidays….
The Mar’26 Brent futures contract gapped up by 34c this morning, opening at $61.10/bbl. Prices initially eased through the early morning, falling to $59.78/bbl at 08:30 GMT before recovering to $60.68/bbl at 10:00 GMT (time of writing). In the news,
The Mar’26 Brent futures contract continued to trade in the $60/bbl handle this afternoon, though it has declined from $60.62/bbl at 12:20 GMT to $60.15/bbl at 17:00 GMT (time of writing). In the news, OPEC+ delegates have stated that the
The Mar’26 Brent futures contract saw a fairly weak opening this morning, trading down from $61.35/bbl at 07:30 GMT to a low of $60.42/bbl at 09:30 GMT, before retracing and finding support around $60.79/bbl, where it prints at the time
The Mar’26 Brent futures contract has risen through the late morning and early afternoon, from $61.07/bbl at 09:00 GMT to $61.57/bbl at 13:15 GMT (time of writing). In the news, India’s Russian oil imports are expected to drop to 1.2mb/d
Mar’26 Brent futures saw support at $61.15/bbl overnight and reached an early morning high of over $61.60/bbl at around 04.30 GMT before softening to around $61.27/bbl at 06.45 GMT (time of writing). Both Brent and WTI are on track for
The Mar’25 Brent Futures contract traded between $61.80/bbl and $61.60/bbl throughout the afternoon but fell to $61.28/bbl at 16:29 BST. Prices have since recovered slightly to $61.43/bbl at 17:10 GMT (time of writing). In the news, at least two sanctioned
Mar’26 Brent futures gapped down around 20c/bbl on open to $61.07/bbl at 0100 GMT before it saw higher highs overnight and this morning, to around $61.78/bbl at 10.00 GMT (time of writing). The Caspian Pipeline Consortium said it has suspended
The soon-to-be M1 (Mar’26) Brent futures contract remains highly rangebound, oscillating between $61.30/bbl and $61.70/bbl this afternoon and sitting at $61.45/bbl at 17:15 GMT (time of writing)….
The Mar’26 Brent futures contract has risen this morning, from $60.85/bbl at 07:00 GMT to $61.39/bbl at 10:15 GMT (time of writing). In the news, Ukrainian drones have reportedly hit Russia’s Syzran oil refinery (capacity 170kb/d) overnight, damaging the plant’s
