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Author: Onyx Capital Group

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The only oil swaps market specific podcast is back. Join Onyx Capital Group CEO, Greg Newman, and a plethora of industry guests as they dig down each week into the issues that affect the market. Are you paying attention?

From the world’s #1 oil liquidity provider. Built by traders, for traders.

CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs and spread bets with this provider. You should consider whether you understand how CFDs and spread bets work and whether you can afford to take the high risk of losing your money.

306 Episodes
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All of last week, Brent futures were comfortably trading at $85/bbl. Now (at time of recording), they're trading around $82.50/bbl. There is a definite bearish turn to the rangebound wave we were in last week. WTI has seen more bullish interest, and it's just entered negative handles in CTA data. WTI also sold off aggressively on 19th July from $81/bbl to $78/bbl. Volatility has also risen significantly for both Brent and WTI - especially in comparison to low volatility all year. ...
Although the market and the narrative want to be bullish, there's no impetus for it to be there. It's a weak week in Brent futures, after being within in touching distance of $88/bbl. We've seen both long and short prod/merc in Brent 200mb in 2 weeks in Sep 0I. The team explains why bearish economic data from China is adding to the pressure of oil prices. Greg, James, Martha and Vincent discuss Iraq, Kazakhstan, and Russia having to submit compensation plans for exceeding quotas in 202...
Brent futures climbed towards $88 before settling around $85.50. Money managers increased their long positions in Brent for the third consecutive week, indicating bullish sentiment European M1 refinery margins softened in the week but remained profitable at $6.40/bbl. Products saw weakness across the barrel but the upcoming hurricane season and potential disruption to US infrastructure raise questions about short-term price movements. Dreadful US data, including a contraction in manufacturin...
Brent crude prices have had a strong week, continuing to rally at $87/bbl. The latest CFTC data indicates that the market has become balanced and neutral in positioning. This presents an opportunity for bullish investors to take action, with legacy positions and new entrants supporting this trend. However, macroeconomic news doesn't fully support this bullish outlook. Economic data from China and the US is weak, with China's manufacturing sector contracting for the second consecutive month an...
Group Chief Investment Officer and Onyx Co-Founder Omar Kayaam joins Group Chief Executive Officer Greg Newman to reflect on how they've scaled the business over the last year. They discuss the big moves that have propelled the business, including hiring experts, developing the technology arm of Onyx, buying out investors, expanding to new offices, and more. Eight years after founding the company, Omar and Greg address how they finally found the right team to navigate the evolving industry an...
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