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Treasuries Slip, Earnings Season Strongest Since 2011, Gold vs AI

US yields rise as growth strengthens, while equities fall. Record QQQ inflows and China’s gold buying highlight ongoing risk rotation.
24 August 2026

Heads of Desk: Top of Mind – Episode 61

The heads of Onyx Commodities' trading desks discuss the latest in the Oil Derivatives as of 18 August 2026
18 August 2026

LATEST REPORTS

Brent Eases As Sinopec Looks Towards Non-Middle Eastern Suppliers

Brent falls as Sinopec diversifies crude sourcing; Hormuz flows persist, while IEA rules out another reserve release for now.
24 August 2026

Sinking Lightends

This week, we look at trades in Gasoline and Naphtha swaps.
9 page report
24 August 2026

Arb selling down the curve

The gasoline market has diverged regionally this week, as European gasoline strengthened while US prices stagnated and Asian prices weakened
14 page report
24 August 2026

Cracks Flat

Cracks in both regions consolidate, with the MOPJ curve outpaces Europe
17 page report
24 August 2026