- Both CFDs and DFLs have improved since the last report. CFDs have been well bid this week by majors and trade houses with the 15-19 Apr CFD rallying sharply this week. May DFL saw an aggressive rally into the end of last week as the front of the curve finally caught up to strength in the physical, surpassing $1.40/bbl levels in the May contract though we saw levels etching back slightly into Tuesday, though generally trading in line with spreads around $1.43/bbl and $1.47/bbl in the Sing window.
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.
Brent Bears Beware
1
min read
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.