Reports

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

CFTC Predictor: Exodus of Bulls in Brent

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 Sells-Off To $73.81/bbl

Dec’24 Brent futures flat price saw a sell-off this afternoon, trading at $75.84/bbl at 12:00 BST and steadily descending to $73.81/bbl at 17:15 BST (time of writing). The downward price action came amid the release of EIA data today at

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Overnight & Singapore Window: Brent Hits $75.73/bbl

Amid escalating geopolitical tensions in the Middle East, the Dec’24 Brent futures contract saw flat price steadily climbing this morning, trading at $74.80/bbl at 07:00 BST and hitting $75.73/bbl at 11:30 BST (time of writing). In the news today, Israel’s

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Gasoline report

Gasoline Report: Up and Down…

The gasoline market saw more resistance this fortnight, with the Nov’24 EBOB crack softening from $7.80/bbl on 19 Sep to $5.80/bbl on 01 Oct (at the time of writing).

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European Window cover

European Window: Brent Rallies To $74.40/bbl

The Dec’24 Brent futures contract rallied this afternoon, trading at $71.42/bbl at 12:00 BST and reaching $74.40/bbl handles at 17:20 BST (time of writing). Prices have surged amid reports of Iran’s imminent ballistic missile attack on Israel. In the news

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Onyx Alpha report cover

Onyx Alpha: Bear….ish

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

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European Window cover

European Window: Brent Recovers To $72.25/bbl

After weakness this morning, the Dec’24 Brent futures flat price recovered this afternoon. Trading a touch above of $71.00/bbl at 12:35 BST, flat price tested the $71.80/bbl resistance level multiple times before finally breaking through around 15:45 BST and reaching

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Futures Report: Rangebound (and Down?)

The Dec’24 Brent futures weekly high of $74.75/bbl on 24 Sep failed to hold, and it fell to $71.40/bbl on 26 Sep before correcting to around $72.50/bbl on 30 Sep with a possibly weak expiry in sight for the Nov’24

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Brent Forecast: 27th September 2024

We are looking for the front-month December 24 contract to finish the week between $69-74/bbl with the drivers dictating the rangebound regime essentially unchanged: Geopolitical tensions in the Middle East moved a notch higher. Israel has stepped up kinetic action

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European Window cover

European Window: Brent Pushes Up To $72/bbl

The Dec’24 Brent futures contract was initially rangebound between $71.00 and $71.50/bbl before dipping to a low of $70.93/bbl around 14:45 BST and strengthening shortly after up to around the $72.00/bbl level at 17:30 BST (time of writing). In the

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