In this episode of the Flux News podcast, Group CEO, Greg Newman, Harry Campion-Evans from Onyx Markets, and Geek in the Seat, Vincent Wu, analyse the past week in the oil market.

Greg, Harry, and Vincent break down the latest developments from OPEC+, analyse the unexpected build in U.S. crude inventories, and explain how macroeconomic indicators like U.S. inflation and China’s economic stimulus are moving prices. They also cover refinery maintenance, seasonal demand in approach to summer driving season, Brent forecasts, and more.

Will Cunliffe and Edward Hayden-Briffett from The Officials call in to discuss recent movements in Brent/Dubai and a OPEC+'s (potential) price war. Whether you're tracking Brent and WTI prices or watching for the next Fed move, this episode offers actionable insights, trade ideas, and data-backed forecasts for navigating the volatility in energy markets.

Want to trade?

Get a behind-the-scenes look at how the pros express views with relative value trades, uncorrelated contracts, and smart positioning. This episode is rich in education for newer traders, and deep enough for veterans hunting asymmetric opportunities. All the trades discussed are live on Onyx Markets, where you can practice, simulate, or dive in. Visit https://onyxmarkets.co.uk/

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Please note, this episode was recorded at 8:30am BST on 7th May, 2025.

👉 Trade for free with Onyx Markets: https://onyxmarkets.co.uk/

👉 Get live, industry-grade data on Flux Terminal: https://www.onyxcapitalgroup.com/flux

👉 The Officials report: https://www.flux.live/the-official-reports/

👉 Oil swaps dictionary: https://www.onyxmarkets.co.uk/oil-sw

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Flux News