Flux Insights

Risk-on sentiment shifted to #VLSFO this week, amid buying flows from end users (see chart: 0.5% barge crack). These players are likely ramping up power-generation hedging. Learn how to trade this market in our Trader Meeting Notes Report here: flux.live/reports/climbi… #oott

In #NGLs last week, C3 LST/FEI #propane saw steep losses as FEI found strength. 🚨However, we see that trade house buying in Q2'26 has fought to keep the front supported. See how to trade this market in Flux Insight's Trader Meeting Notes: flux.live/reports/prices… #oott

The North Sea physical remains strong, but is this what traders care about? Flux Insights' positioning data shows mixed flows in the paper market, though some CFD weeks remain well bid. Will the physical strength last? Read Dated Brent Report: flux.live/reports/physic… #oott

TD25 #freight prices at $55/mt! To nobody's surprise, WTI/Brent has declined significantly since January, when freight prices started taking off. #oott #Brent #WTI

We're nearing seasonal highs in the Mar'26 transatlantic gasoline arb amid high D6 RINs. The market unwound its net short position at the start of the month, supporting prices, but has since returned to selling, leaving these players vulnerable to further upside. #OOTT

Last week, Brent OI dropped by 6.9% - the biggest w/w liquidation in Brent futures since March 2013 This week, volumes are down 16% in M1 Brent Futures! CNY next week, and a standoff between Iran and US could be a liquidity trap... #OOTT

Despite a bullish physical market in Sing 10ppm #gasoil, players remain hesitant to add further length to the gasoil E/W. Find out how to trade this market from Senior Traders @ Onyx Capital Group in this week's Trader Meeting Notes. Read Here: flux.live/reports/sentim… #OOTT

The #naphtha E/W is seeing support at $36.50/mt. According to our proprietary data, this aligns with the average 90-day short entry price, a level where shorts typically cover their positions. Read more counterparty flows in our Naphtha Report: flux.live/reports/simply… #oott

This week in #gasoline, refiners raised eyebrows as they countered their usual flows - buying the Sing 92 gasoline crack vs Onyx. Flux Insight's Gasoline Report uses our counterparty data to reveal what is really driving the market. Read More: flux.live/reports/high-s… #OOTT

In #FuelOil, majors stopped out of their shorts in the front 3.5% barge crack this week, halting bearish momentum. This week's Trader Meeting Notes breaks down X-barrel flows & features trade ideas from senior traders at Onyx Capital Group. Link: flux.live/reports/give-p… #oott

Amid the gap down in M1 Brent futures this morning, Flux Insights' CTA model showed positioning was overextended to the buy side in M1 Brent and WTI. When our CTA positioning index shows a score above 45, prices revert downwards 62% of the time after a week. #oott #trading #oil

M1 Brent/Dubai surged to $1.45/bbl on 26 Jan, due to a sell-off in Dubai spreads. This week, our Dubai Report examines the flows behind the move and tells you where these players might be headed next. *Physical commentary by @FluxOfficials Link: flux.live/reports/sentim… #oott

CPC uncertainty led to the Dated #Brent phys diff oscillating in a range of over $1 this week, reflected in the paper markets. This week's Dated Brent Report looks at market drivers and features physical market commentary by @FluxOfficials Link: flux.live/reports/roller… #oott

The #gasoline market saw support after tariff threats and higher RINs, before selling off later in the week. This week's edition of Flux Insight's Gasoline Report unlocks this past week's flows and analyses where they might be headed. Link: flux.live/reports/tariff… #OOTT

Despite a sideways week across the #Naphtha complex, the naphtha East/West contract rallied. This week's edition of our Naphtha Report uses our proprietary positioning data to unlock this past week's flows and where they might be headed. Link: flux.live/reports/the-ea… #OOTT

The week to 20 January was a geopolitical firestorm, which saw a uniformly bullish net reaction from funds in refined products, but #Brent and #WTI saw positioning diverge. Read More: flux.live/reports/cftc-w… #OOTT #CrudeOil #RefinedProducts

Onyx Capital Group's senior traders sit down with our Research Team to offer trade ideas and outline contracts to watch next week, across crude and refined products. Link Below: flux.live/reports/trumpw… #oott

Open interest rose sharply in NWE #naphtha cracks while declining in #MOPJ, signalling an overcrowding of positions. Flux Insights’ weekly Naphtha report unpacks the positioning, technical levels and structures shaping the next move. Link: flux.live/reports/naphth… #oott

Last week, a larger-than-expected build in US #gasoline stocks triggered selling in RBOB swaps, spilling over into EBOB. Despite an initially weaker Eastern gasoline, this EBOB selling injected life into the gasoline East/West. Read more: flux.live/reports/europe… #OOTT

Onyx's senior traders sit down with our Research Team to discuss how #Trump's actions (or lack thereof) have whipsawed the #oil markets. They also give their trade ideas and outline contracts to watch across crude and refined products. Link: flux.live/reports/its-a-… #OOTT