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Gov Finances in Mess, NWE Jet Fuel Imports Hit Lows, Data Today

Yields surge, GBP at risk; Iran blockade looms; fuel tight; consumers pessimistic; wheat spikes; markets wobble, tech crowded
29 April 2026

Heads of Desk: Top of Mind – Episode 45

The heads of Onyx Commodities' trading desks discuss the latest in the Oil Derivatives as of 28 April 2026
28 April 2026

Latest reports

OPEXIT

In a move that wasn't very United of the United Arab Emirates, the nation announced it was quitting OPEC, highlighting the rising discord...
28 April 2026

May’26 We See Some Support?

DTL rebounds; China sells crude, oversupplying North Sea; Midland weak; June Brent supported by strong buying and EFP flows
28 April 2026

July Brent Declines to $104.09/bbl

Brent dips; UAE exits OPEC; UK sanctions fail to curb Russian flows; World Bank warns energy prices may surge further.
4 page report
28 April 2026

Signalling Caution

Brent strong but near resistance; spreads rally yet stalling; cracks diverge with consolidation and easing momentum overall.
9 page report
28 April 2026