Reports

Industry-leading market insights. Get daily, weekly and monthly reports from Onyx Research, featuring expert analysis and interactive graphs. ​
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European Window: Brent Falls Sharply To $73.19/bbl

This afternoon, Nov’24 Brent futures flat price showed steep downward movement from $74.50/bbl at 12:00 BST down to $73.19/bbl at 17:30 BST (time of writing), spiking briefly to $74.05/bbl around 15:45 BST. In the news today, engineers at Libya’s Brega

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European Window: Brent Falls To $74/bbl

The November Brent futures capitulated on Tuesday afternoon following the US open, falling from the $76/bbl level to $74/bbl within an hour, where it found better support. Prices fell to their lowest levels in nearly 9 months and were trading

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Onyx Alpha: Summer Selling Season

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

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Oil Monthly Report: The $80/bbl Battleground

The $80/bbl Battleground – Front-month ICE Brent futures moved sideways during August, unable to break out of a circa $76-83/bbl range. Geopolitical swell-ups and weak economic news, raising concern over oil demand, notably out of China, took turns pushing the

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European Window: Brent Rallies To $77.42/bbl

Nov’24 Brent futures fl at price increased sharply this afternoon after a period of volatility, pricing at $76.80/bbl at 12:00 BSTand reaching $77.42/bbl at 17:50 BST (time of writing). In the news, Russian oil shipping costs to India are easing,

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Futures Report: Bear ATTACK

The Nov’24 Brent futures contract began strong last week, reaching $80.15/bbl on 26 Aug amid thin liquidity from players exiting for the bank holiday in the UK. This strength was also attributed to supply outages in Libya.

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CFTC Weekly: No Country for Old Bulls

Money managers were more bullish in the crude futures benchmarks in the week ending 27 August. In both Brent and WTI futures we saw an addition of long positions and a liquidation of short positions. Bullish sentiment was boosted in

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Brent Forecast: 2nd September 2024

Show Me the Demand! The Nov’24 Brent futures contract was trading at around $77.05/bbl at 09:00 BST (time of writing), and we expect it to end the week trading between $75-78/bbl. Amid the varying factors impacting the benchmark crude futures,

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European Window: Brent Drops To $77/bbl

The Nov’24 Brent futures contract recorded a weaker afternoon ahead of Oct’24 Brent’s expiry today. The Nov’24 flat price dropped from $79/bbl at noon to $76.70/bbl at 15:00 BST. Prices found more support here and firmed up to $77.25/bbl at

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