Book Club
A deep dive into books about business and the energy markets
GREG NEWMAN
CEO, Onyx Capital Group
About Greg
Greg operates as the Group Chief Executive and an Executive Director on the Company’s Board. Greg pulled back from trading as Head of Crude at Onyx in early 2019 to focus on driving the company’s growth and strategic vision full-time. Greg holds a BEng in Biochemical Engineering from University College London.
Posts authored by Greg
US 2-yr Bond Yields Risk Breakout, Jobless Claims, Amazon Strikes Deal with Rio Tinto
Breakout risk in US 2y yields on data; dollar up, metals/Fed-cut trades unwind. OIS prices just 20bp cuts. Asia AI, power demand surge
It’s A One-Man Show
Trump rhetoric whipsaws Iran tensions; Venezuela oil drama deepens as US asserts control
16 page report
Bulls Return to Focus
Flux Insights' CFTC COT Predictor anticipates a rise in managed-by-money net long positioning for ICE Brent futures...
8 page report
US Hard Data on the Rise, Silver Corrects, China Posts Record Global Trade Surplus
US data (PPI, retail, homes); yields up, equities wobble, rotation to defensives. Trump calms Fed/tariffs/geopolitics; oil, silver slides
FE-High
International propane has seen a strong start to 2026, with this week's support led by C3 FEI (Far East Index)....
17 page report
M1 Brent climbs to highest level since Oct 2025
The front-month Brent futures contract initially softened from above $65/bbl to $64.75/bbl at 09:25 GMT, before jumping to $65.30/bbl....
4 page report
Fed Rate Cut Expectations, Defensive Stocks Rally, Bitcoin Bounce
Hard assets surge as growth stays strong and yields rise; equities rotate defensively, bond risks mount, fiscal gaps widen
The Dated Physical Climbs to New Highs
Dated Brent stays bid as buy-side flows run across CFDs and DFLs; windows hit record highs, futures spreads firm on rising geopolitics
S&P All-Time Highs, Bond Curve Repricing Risk,Trump Tariffs
Stocks hit ATHs as bonds reprice fewer Fed cuts; yields, USD up, curve flattens. Japan rates jump, yen sinks, uranium soars, Trump tariffs
Decoding the Brent Breakout
M1 Brent futures rallied this week, from closing at $60.48/bbl on 06 Jan to a low of around $59.80/bbl on 07 Jan before it rallied....
9 page report
The Bearish Beast From the East
M1 RBOB and EBOB cracks strengthened despite US gasoline builds, supported by steady PADD-1 stocks and short-covering.
14 page report
Pumping Venez-oil-a
Oil enters 2026 oversupplied and volatile: geopolitical shocks prop prices, but a looming crude glut points Brent toward a $50s norm.
29 page report