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Risk Assets Rally, Crude Drags Inflation Expectations

Stocks hit record highs as earnings, easing oil and softer Fed expectations align, but markets remain vulnerable if growth or oil reverses.
5 August 2026

Heads of Desk: Top of Mind – Episode 59

The heads of Onyx Commodities' trading desks discuss the latest in the Oil Derivatives as of 4 August 2026
4 August 2026

LATEST REPORTS

Brent Strengthens Amid New Houthi Attacks

Houthis escalate Red Sea risks; Iran-Oman Hormuz corridor talks progress. Sinopec buys Russian crude as India fuel demand rises.
6 August 2026

A Moment in the Eye of The Hurricane

The week started quietly, with no overnight strikes announced by CENTCOM on 31 Jul. That calm was unfortunately short-lived....
16 page report
6 August 2026

Closing The Arb

Eastern strength in focus in HSFO and VLSFO, but bullish momentum fading amid technical resistance as flows flip short
6 August 2026

A risk-off week?

We expect money managers to trim over 20mb from their longs while adding around 5mb to their shorts in Brent futures....
8 page report
6 August 2026