The Nov’25 Brent Futures contract fell from $69.24/bbl at 07:53 BST to $68.60/bbl at 09:56 BST. Prices have since rallied back up to $69.09/bbl at 11:20 BST (time of writing). In the news, seven indigenous communities in Ecuador’s Amazon are
This week, we anticipate money managers to trim their length in Brent and gasoil futures. In contrast, we expect speculative length to increase in RBOB futures, as a reflection of supply tightness concerns in the Atlantic Basin. We expect a
Asian LPG has seen a weak fortnight, with the front FEI spread weakening from -$3.50/mt on 11 Sep to -$7.50/mt at the time of writing on 24 Sep. The Oct’25 outright contract witnessed a $9.30 decline d/d on 17 Sep
Nov’25 Brent futures rallied over the afternoon but failed to maintain strength above $68.00/bbl around 16.30 BST, and softened to $67.68/bbl at the time of writing at 17.05 BST. At the 80th UN General Assembly, US President Donald Trump accused
The front-month (Nov’25) Brent futures contract saw more support this morning and tested the $68/bbl handle thrice this morning, finally succeeding after 10:50 BST and reaching $68.30/bbl at 11:33 BST (time of writing).
*New look report with The Officials!*
Brent/Dubai found the floor last week as Oct’25 bounced higher from below -$2/bbl, reaching -$1.10/bbl by 22 Sep. Despite the seemingly orderly rally, there were large intraday volatility spikes with Dubai spreads being heavily
Nov’25 Brent futures rallied over the afternoon but failed to maintain strength above $68.00/bbl around 16.30 BST, and softened to $67.68/bbl at the time of writing at 17.05 BST. At the 80th UN General Assembly, US President Donald Trump accused
M1 Brent futures were under pressure this week, closing at $68.50/bbl on 16 Sep. Prices met resistance at the upper bound of the descending triangle (dashed white line), where we continue to outline resistance, at $67.70/bbl. This level aligns with
The November Brent Futures contract has seen a strong morning session, rising from $66.11/bbl at 08:00 BST to $66.85/bbl at the time of writing (11:00 BST). In headlines, Hungary has reaffirmed it will not suspend Russian oil imports despite US
Note: We are ceasing publication of the Supplementary Dated Brent report following this week. We will continue publishing our full-length Dated Brent report on a weekly basis.
The Nov’25 Brent futures contract started the afternoon slightly weaker, easing from $66.30/bbl at 12:30 BST to $65.95/bbl at 14:07 BST…
Another week brings another selection of new trade ideas from Flux Insights. This week, we look at trades in Distillate and Fuel Oil. Our weekly Alpha report presents speculative and hedging trades based on technical analysis and data-driven tradecraft methods
View: Bearish Target Price: $65-67/bbl We expect continued weakness to be the path of least resistance in the prompt Brent contract. However, we expect a significant breakout soon, as pointed to by the descending triangle pattern and dropping volatility. The
Crude prices saw a significant uplift in the week ending 16 Sep amid rising geopolitical risk and expectations of an interest rate cut by the US Federal Reserve.
The Nov’25 Brent futures contract is testing 19 Sep’s low, as it dropped from $67.30/bbl at 07.40 BST to $66.47/bbl at 11.12 BST, at the time of writing. India’s Commerce Minister Piyush Goyal will visit the US today to push
