The Nov’25 Brent Futures contract traded rangebound between $66.91/bbl and $67.36/bbl in the early afternoon before falling to $66.46/bbl at 16:31 BST. Prices have since bounces back to $66.69/bbl at 17:30 BST (time of writing). In the news, Democratic senators
The Nov’25 Brent futures contract softened from a high of $67.50/bbl, which it tested twice between 8:00 and 8:30 this morning, to $66.85/bbl around 11:25 BST. Prices finally climbed to $66.95/bbl at the time of writing (11:34 BST).
The US Federal Reserve delivered its first interest rate cut this year on 17 Sep, announcing a 25-basis-point cut to cushion a softening labour market. However, the committee now expects 2026 GDP growth and inflation to be higher…
Nov’25 Brent futures traded lower on Thursday afternoon, falling below $68/bbl and stabilising around $67.50/bbl. Prices declined after Trump commented that Putin had “really let me down” following a meeting with UK PM Keir Starmer, lamenting the fact that allies
The gasoline complex continues to see a strong performance over the fortnight as cracks demonstrated counterseasonal strength, rolling up to the M1 levels seen over August. This week, the Oct’25 EBOB crack surpassed $16/bbl, with trade houses continuing to add
The Nov’25 Brent Futures contract rallied to $68.14/bbl at 09:53 BST before dropping to $67.35/bbl at 11:04 BST. Prices recovered slightly to $67.67 at 11:20 BST (time of writing). In the news, the Federal Reserve reduced rates by 25 basis
This week, we anticipate money managers adding length to their Brent and RBOB futures positions. In contrast, net length in gasoil is expected to decline, perhaps due to profit-taking flows and the pricing in of the geopolitical risk premium. Across
The November Brent Futures contract has seen a mixed afternoon session, rising from around $67.81/bbl at 11:40 BST to the daily high of $68.57/bbl at 15:30 BST, before being sold into post-EIA stats release down to $68/bbl, and retracing back
Following Tuesday’s rally, Nov’25 Brent futures has retraced lower from $68.60/bbl towards the $68/bbl level, trading at $67.93/bbl at 11:30 BST (time of writing). In the news, China issued a third batch of 8.4 million tons of 2025 export quotas
Nov’25 Brent futures strengthened this afternoon, from $67.65/bbl at 13.00 BST to $68.45/bbl at 17.28 BST (time of writing). Russia’s state pipeline operator Transneft has warned oil producers they may need to cut output after a wave of Ukrainian drone
*New look report with The Officials!*
For all the talk about a crude oil glut that has not been reflected yet in flat price, North Sea traders might agree, as back-end September-loading cargos are seriously struggling to clear. Physical
As anticipated in our report last week, M1 Brent futures gained w/w up to $67/bbl but faced resistance from the structural 100-day moving average, which remains immediate resistance.
This morning, the Nov’25 Brent Futures contract softened from around $67.50/bbl, overnight, to reach $67.00/bbl at 10.08 BST, inching back up to $67.30/bbl at the time of writing at 11.24 BST. Progress on the India-US trade deal front largely hinges
The front-month (Nov’25) Brent futures contract traded around the $67/bbl handle this afternoon, climbing from $67/bbl at noon today to a peak of $67.80/bbl at 15:53 BST, where it met resistance before stabilising around $67.30/bbl at 17:17 BST (time of
Another week brings another selection of new trade ideas from Flux Insights. This week, we look at trades in Gasoline, NGLs and Crude Oil Swaps. Our weekly Alpha report presents speculative and hedging trades based on technical analysis and data-driven
