The Brent/Dubai has seen a period of consolidation over the fortnight as its downtrend has been halted. While the Bal-Aug’25 contract is pricing below -$2/bbl, the Sep’25 Brent/Dubai bottomed out at -$1/bbl and is trading rangebound with an upper bound
M1 Brent futures saw a bearish week with consecutive lower closes, as prices fell from $70 to below $66/bbl.
The North Sea physical differential initially climbed from $0.765/bbl on 22 Jul to $0.85/bbl on 23 Jul, although it finally weakened to $0.36/bbl on 28 Jul
The Oct’25 Brent crude futures was rangebound and traded between $66.50 to $67/bbl on Tuesday morning, printing $66.86/bbl at 11:00 BST (time of writing). Brent’s bearish trend was halted this week as in the money shorts likely took profit, while
The front-month (Oct’25) Brent futures saw support this afternoon and briefly breached the $67/bbl handle at various points, the most recent of which was seen at circa 15:05 BST. However, the contract met resistance here and eased to $66.40/bbl by
Another week brings another selection of new trade ideas from Flux Insights. This week, we look at trades in Gasoline, NGL and Distillate swaps. Our weekly Alpha report presents speculative and hedging trades based on technical analysis and data-driven tradecraft
Finding a floor? The M1 Brent futures contract fell sharply in August, breaking below the 100-day moving average on 5 Aug, before finding support around $65.50/bbl. Market sentiment remains unsettled amid Washington’s pressure on New Delhi to reduce its purchases
In the week ending 5 Aug, the two major crude oil benchmarks (Brent and WTI futures) declined sharply, reversing the bullish sentiment from the previous week. The market focused on economic headwinds, increased supply. The bearish catalyst was on Friday,
Oct’25 Brent Futures softened in the early morning but saw support at $65.90/bbl between 07.30-09.00 BST before it rose to $66.70/bbl at 11.17 BST (time of writing). Guyana’s oil output has surpassed 900kb/d, boosted by ExxonMobil’s launch of the Yellowtail
The Oct’25 Brent crude futures strengthened throughout the day before losing almost a dollar in a minute, to $65.84/bbl at 15.08 BST following the Russia/US talk headline. Prices have corrected to $66.90/bbl by 17.19 BST (time of writing). Washington and
Oct’25 Brent Futures sank in the early morning to a low of $65.80/bbl at 07.43 BST but rose to $66.80/bbl at 11.10 BST (time of writing). Pakistan Refinery Limited (PRL) will import its first Nigerian Bonny Light crude shipment from
Trump’s drums of liberation are relentless, and India is the latest country on the receiving end of that “liberation”. Perhaps, a special gift ahead of India’s Independence Day next Friday.
The Oct’25 Brent crude futures weakened from $67.30/bbl at 13.55 BST to $66.47/bbl at 16.41 BST before correcting slightly to $66.90/bbl by 17.36 BST (time of writing). US President Donald Trump and Russian President Vladimir Putin are expected to meet
The gasoline market softened into the latter half of July, with Oct’25 RBOB – Brent futures (RBBR) reaching resistance at $14.80/bbl and seeing lower highs to reach support at $12.55/bbl on 01 Aug. There has been good support in the
The October Brent Futures contract has seen a mixed overnight session, initially trading rangebound between $67.20/bbl and $67.60/bbl before falling sharply at 09:00 BST to $66.70, and subsequently rising back to $67.45/bbl, where it trades at the time of writing,
