Please note that there will be a hiatus in the publication of reports between 22nd December and 2nd January due to the Christmas period. Reports will be published as normal from Monday 5th January 2026.
Price action in Feb’26 Brent crude futures has been quiet and rangebound on Friday morning, trading in a 30c range between $62.20 to $62.50/bbl, printing $62.20/bbl at 16:30 SGT (time of writing). In the news, Zelenskyy said he expects to
The M1 (Feb’26) Brent futures contract eased from $62.65/bbl at 12:28 GMT this afternoon, a level that had previously met resistance at 11:45 GMT earlier in the morning…..
The Feb’26 Brent futures flat price traded slightly higher overnight Wednesday, as prices encounter its next resistance level around $62.50/bbl, printing $62.48/bbl around 13:00 SGT (time of writing). As onshore inventories fill up, Venezuelan NOC PDVSA has started filling tankers
The Feb’26 Brent futures contract dipped this afternoon, from $62.26/bbl at 14:00 GMT to $61.77/bbl at 16:00 GMT. Prices met some support here, rising to $62.13/bbl at 17:00 GMT (time of writing). In the news, overnight Ukrainian drone attacks have
The Feb’26 Brent crude futures has traded steadily around $62/bbl on Tuesday morning, printing $62.08/bbl at 18:00 SGT (time of writing). Prices have anchored themselves at $62 following the $1 rally over four hours on Monday (10:00-14:00 GMT), as a
The front-month (Feb’26) Brent futures contract rose to a high of $62.15/bbl at 13:50 GMT this afternoon, but has since eased to $61.85/bbl at 17:25 GMT (time of writing), meeting support at $61.60/bbl at circa 16:00 GMT….
The Feb’26 Brent futures flat price opened around 35c higher from Friday’s close at $60.91/bbl, reaching highs of $61.25/bbl and seeing support at the $61/bbl level by 17:30 SGT (time of writing). The bullish reaction comes after the US seized
The Feb’26 Brent futures contract initially declined from $60.35/bbl at 14:00 GMT to $59.92/bbl at 16:00 GMT; prices recovered from here to $60.33/bbl at 17:00 GMT (time of writing). In the news, Reuters reported that Ukraine has used aerial drones
After closing below $60/bbl on Thursday, the Feb’26 Brent futures continues to trade below $60/bbl on Friday, trading between a 40c range with support at $59.40/bbl and resistance at $59.80/bbl, printing $59.61/bbl at 18:00 SGT (time of writing). In the
The Brent bears continue to try to steal Christmas this week, sending prices below the hallowed $60/bbl marker. Prices closed below $60/bbl for the first time since February 2021 this week. We continue to see the M1 Brent fight to
The Feb’26 Brent Futures contract rallied from $59.56/bbl at 12:11 GMT to $60.30/bbl at 16:35 GMT. Prices have since softened to $60.08 at 17:30 GMT (time of writing). In the news, BP has appointed Woodside Energy CEO Meg O’Neill as
Feb’26 Brent Futures reached $60.67/bbl at 01.34 GMT but is softer at $59.80/bbl at the time of writing at 10.15 GMT. Ukrainian President Volodymyr Zelenskyy warned that failure to reach an agreement on the use of frozen Russian assets would
In the week ending 16 Dec, the M1 Brent futures contract fell from $62.48/bbl on 09 Dec to $58.86/bbl by the week’s close; prices initially began to slip amid ongoing Russia-Ukraine peace talks. Despite a brief rise in prices on
The Feb’26 Brent futures contract has traded in the $59/bbl handle this afternoon, briefly breaking to $60.02/bbl at 14:00 GMT before settling to $59.84/bbl at 17:20 GMT (time of writing). In the news, the US has extended a waiver permitting
The propane swap market saw initial support this fortnight, although these gains were ultimately shed amid weaker crude….
