Reports

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

European Window: Brent Declines To $71/bbl

The Jan’25 Brent futures contract declined this afternoon from $72.35/bbl at 12:00 GMT down to $71.00/bbl at 18:00 GMT (time of writing). We have seen bearish sentiment in Brent crude while China oil demand remains weak and Middle East ceasefire

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Fuel Oil Report – High on HSFO

In High Sulfur Fuel Oil (HSFO), the 3.5% bgs and Sing 380 contracts saw a strong rally in the past two weeks, with the strength in the East exceeding that of its European counterpart, with the Dec’24 E/W rallying from

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Trader Meeting Notes: When Trump Met Biden

A bafflingly coherent Biden skipped the COP29 to have an ecstatic lunch/photo op with Trump in the White House, and with all the big liberal names missing the conference, the only real news came from a righteous speech from Azerbaijan

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European Window: Brent Weakens To $72.05/bbl

After initial strength this afternoon, the Jan’25 Brent futures contract ultimately saw weakness this afternoon, moving from $72.45/bbl at 12:00 GMT up to $73.20/bbl 14:20 GMT down to $72.05/bbl at 17:45 GMT (time of writing). EIA data released today

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CFTC Predictor: Bulls Take A Backseat

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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Dated Brent Report – Trump: The Arb of the Deal

There was an election across the pond last week, but it would be quite a feat of mental gymnastics to immediately connect the results with the Dated Brent market. Yet, the ramifications of Trump’s re-election may have significant implications for

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European Window: Brent Volatile at $72.10/bbl

The Jan’25 Brent futures contract ultimately weakened amid volatility this afternoon, trading from $72.30/bbl at 12:00 GMT up to $72.80/bbl at 14:30 GMT and falling to $71.60/bbl by 16:20 GMT, before recovering to $72.10/bbl at 17:45 GMT (time of

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Gasoline Report: Drive Baby Drive

RBOB structure has been well-bid ahead of the US presidential election on 5 Nov as players speculated on all things American, and these likely financial flows supported prices. There was a build of 410kb in US gasoline stocks in the

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Onyx Alpha: Trading Trump

Another week brings another selection of new trade ideas from Onyx Research, this time looking at trades in crude oil and naphtha swaps. Our weekly Onyx Alpha report presents speculative and hedging trades based on technical analysis and data-driven tradecraft

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