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WILL CUNLIFFE

Research Analyst, Flux

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Macro Mondays

A look at the world markets at the beginning of each week

The Officials – European Window

The Officials analyse the state of the market at the end of the trading day in London

The Officials – Singapore Window

The Officials analyse the state of the market at the end of the trading day in Asia

Posts authored by Will

Diff gunning for it!

Edition: Euro EditionVolume: 3Issue: 11
The window goes ballistic and the physical differential sets a new record!
16 January 2026

Peering Eye 1.9

Edition: Peering EyeVolume: 1Issue: 9
The Peering Eye is expanding, folks, as the activity is rising in key shipping hubs!
16 January 2026

Dubai finds its pulse!

Edition: Asia EditionVolume: 3Issue: 11
The first positive physical premium for 2026 comes with the first convergence of the month in Dubai window!
16 January 2026

Don TACOs at the buffet

Edition: Euro EditionVolume: 3Issue: 10
Ship seizures, TACOS galore and more fugazi words.
15 January 2026

Soothe those itchy fingers

Edition: Asia Edition
No military action yet saw flat price fall dramatically. Meanwhile, oil demand is set to be driven by rising jet consumption.
15 January 2026

Reaching the crescendo?

Edition: Euro EditionVolume: 3Issue: 9
Sweet $66 is here, while the physical differential hit a new record high, flirting with $2!
14 January 2026

On the brink!

Edition: Asia EditionVolume: 3Issue: 9
Fears about an escalation of the Iranian tensions has sent Brent to new highs. Meanwhile, people are calling out the glut a myth
14 January 2026

Diff-erent gravy!

Edition: Euro EditionVolume: 3Issue: 8
Flat price hit fresh highs, while the physical differential broke to the highest level ever assessed by The Officials!
13 January 2026

Liquidity Report 2.2

Edition: Liquidity ReportVolume: 2Issue: 2
Volumes posting huge uptick week-on-week but are still down on a yearly basis.
13 January 2026

Playing battleships

Edition: Asia EditionVolume: 3Issue: 8
Ships are getting hit in the Black Sea and flat price breaks above $65 for the first time since early November!
13 January 2026

Bullying the bears!

Edition: Euro EditionVolume: 3Issue: 7
North Sea bull play had the whole market rallying. Fed independence is being questioned and the effect on oil in the long run can be bullish
12 January 2026

The Officials: Chaos corner to corner

Edition: Asia EditionVolume: 3Issue: 7
The weekend was full of speculation and one source expected spreads to rally today and they certainly did this morning.
12 January 2026
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