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S&P Rallies Amid Short Squeeze, Trump’s “Two Amazing Days”, LNG Rewired

S&P nears highs on short squeeze; gold up, dollar down. Inflation rising, funds bearish, LNG flows shift as US fills Qatar gap
15 April 2026

Heads of Desk: Top of Mind – Episode 43

The heads of Onyx Commodities' trading desks discuss the latest in the Oil Derivatives as of 14 April 2026
14 April 2026

Latest reports

Money Managers Expected to Trim Longs

In line with this week's drop below $100/bbl, we anticipate a sharp liquidation of speculative net long positioning in Brent futures...
8 page report
16 April 2026

Brent Falls to $97.92/bbl Post-Rally

Oil jumps on ceasefire news; IMF flags Asia risk; ARA stocks mixed, gasoil down; spreads widen as volatility persists.
4 page report
16 April 2026

Tolling and Trolling

Conflicting US–Iran signals shake oil markets; risk eases, US exports rise, but weak demand signs emerge in Europe.
16 page report
16 April 2026

Brent eases below $96

The front-month (Jun'26) Brent futures contract climbed to a high of $96.80/bbl at 09:35 BST to $95.50/bbl at 12:15 BST, where it found....
4 page report
16 April 2026