Our team of skilled analysts, by utilising the depth and breadth of Onyx's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.

Daily Trade Idea: 13/06/2024

1 min read

Short Jul 0.5% Sing Crack

According to market and ship tracking data, Singapore, Asia’s main oil hub, is set to receive this week the first cargo of low-sulfur straight-run fuel (LSSR) oil exported from Nigeria’s newly built Dangote refinery. There is already good supply and tepid demand. Cracks have already sold off this morning, so we are following the trend with this idea.

For brokerage services across the barrel and to receive our weekly trade ideas: insight@onyxcapitaladvisory.com

Share on

Traders also read...

Follow Us

Our team of skilled analysts, by utilising the depth and breadth of Onyx's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.