Reports

Industry-leading market insights. Get daily, weekly and monthly reports from Onyx Research, featuring expert analysis and interactive graphs. ​
Fuel Oil report cover

Fuel Oil Report – Whole Lot’a Quotas

Very Low Sulfur Fuel Oil (VLSFO) has been more quiet this fortnight, although it has weakened. The May’25 Sing 0.5% crack traded between $7.50 and $8.20/bbl, sitting just below $8/bbl on 28 Mar (at the time of writing). While flows

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Trader Meeting Notes

Trader Meeting Notes: Tariff Card Reading

Front-month Brent futures really did go from hanging on to the $70/bbl handle for dear life to soaring up to $74/bbl all in the same month. Before we bid farewell to the big box of uncertainty that March has been

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European Window cover

European Window: Brent Trades Flat At $73.90/bbl

May’25 Brent futures initially saw weakness this afternoon, declining from $73.80/bbl around 1300 GMT down to $73.23/bbl shortly after 1340 GMT, however, recovered to $73.90/bbl by 1735 GMT (time of writing). In the news today, President Zelenskiy said Russian artillery

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CFTC Weekly cover

CFTC Predictor: Bulls Gain Momentum

In addition to our regular Monday CFTC COT analysis report, Onyx Insight will publish its own in-house CFTC COT forecast ahead of the official Friday report. The model forecasts changes in long and short positions using machine learning, utilising Onyx’s

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European Window cover

European Window: Brent Trades At High-$73/bbl Handles

The May’25 Brent futures contract traded sideways this afternoon, increasing from $73.60/bbl at 1230 GMT up to $74.15/bbl at 1550 GMT, before declining to $73.65/bbl at 1735 GMT (time of writing). Crude oil prices have fluctuated as Russia and Ukraine

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LPG Report: Bulls Come Back

The major propane benchmarks were ultimately supported in the fortnight ending 26 Mar as we saw increasing strength in crude oil prices…

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Technical Analysis report cover

Technical Analysis Report: Buying Pressure

M1 Brent futures swiftly bounced higher last week, climbing from the $70/bbl handle to open at $73/bbl on 25 March. On 24 March, prices closed above the 30-day moving average (white line), which has now flipped from resistance to support

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European Window cover

European Window: Brent Weakens To $72.85/bbl

The May’25 Brent futures contract reversed this morning’s gains, falling from $73.55 around 1345 GMT down to $72.50/bbl at 1620 GMT, inching up to $72.85/bbl by 1755 GMT (time of writing). Crude oil prices have seen a downward correction this

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Dubai report

Dubai Market Report – Maximum Pressure

The weakness we have seen in the Brent/Dubai complex in recent months has continued, with the Apr’25 contract steadily declining from around -$0.90/bbl on March 11 to -$1.35/bbl by March 20. This downward trend accelerated sharply on the morning of

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