
A Song of Ice and Oil
Over the past two weeks, the narrative of the light sweet crude market has been predominantly shaped by supply-demand mechanics, culminating in a substantial rise in market activity.
The spread between Crude Oil benchmarks for physical cargo loading windows (Dated Brent) and the most liquid benchmark (Brent).
Find live prices on Flux Terminal. Trade Dated Brent cost-free on Onyx Markets.
Over the past two weeks, the narrative of the light sweet crude market has been predominantly shaped by supply-demand mechanics, culminating in a substantial rise in market activity.
It has been an astounding couple of weeks in the oil market with no shortage of drama, and the stage is set for a volatile conclusion to November. Just like the cold snap in Europe, Brent crude flat price and
The past week has been a tale of two halves, with initial strength at the beginning of the week taking futures out of oversold sight, all for the EIA to come back with a vengeance (prime Batman style) and announce
Crude: CFDs are riding the long wave, but how high are we expecting this tide to go?
Fuel – Dec 0.5 Barge Crack: strutting its stuff, but brace yourself for a price reversal – it’s the rollercoaster you never asked for!
Distillates – To quote Ned Stark, winter is coming (for Japan) – giving Regrade a bit of an upgrade
OPEC has once again seized the spotlight with their latest proclamation on November 13. In a bold assertion, they’re pinning the recent crude oil price rollercoaster squarely on the shoulders of speculators. These market maestros, according to OPEC, have been playing up the doom and gloom.
Declining oil prices saw both Brent and WTI decrease for the third consecutive week, dragging both prompt futures price actions below $80/bbl to 3-month lows of $79.54/bbl and $75.33/bbl on Nov 8 for Brent and WTI, respectively. The bearish addiction
The market is in flux, with Brent and RBOB channeling their inner Vincent Vega and Mia Wallace. Brent has got its bearish groove on, while RBOB’s cautiously strutting a bullish outlook, likely fueled by some refinery drama.