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Precious Metals Decline, Worst Month for Microsoft Since 2000, S&P500 Gamma Collapse

Gold, silver and Bitcoin extend losses as AI drives market divergence, while sentiment remains stretched and volatility risks rise.
1 July 2026

Heads of Desk: Top of Mind – Episode 54

The heads of Onyx Commodities' trading desks discuss the latest in the Oil Derivatives as of 30 June 2026
30 June 2026

Latest reports

Brent Declines as Trump Claims Iranian Denuclearisation Progress

Brent falls below $72 as OPEC+ eyes output hike, Ukraine hits Russia, and US-Iran talks continue.
1 July 2026

East Side Story

Trade houses remain on the buy side of FEI spreads further down the 2026 curve....
17 page report
1 July 2026

We Wait on the Strait

See all the updates across the barrel and a half dozen contracts to watch in our six reports.
6 reports
1 July 2026

Sep Brent falls below $72, US-Iran technical talks underway in Qatar

Sep Brent falls below $72, US-Iran technical talks underway in Qatar
1 July 2026