Flux News
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.
Flux News
Fuel Oil $100M Payday as Hedge Funds Collapse
In this episode of the Flux News podcast, Greg Newman, CEO of Onyx Capital Group, is joined by Harry Campion-Evans from Onyx Markets and guest analyst (Geek in the Seat) to dissect the unprecedented volatility shaking global markets. The team breaks down how the oil market is reacting to headline volatility around the US-China trade war, OPEC policy shifts and rising talks between the US and Iran. They also discuss support in the physical oil market despite the macro uncertainty and discuss recent shifts in refinery margins, Brent time differentials and the Brent/Dubai differential.
This episode is packed with actionable trade setups, including a breakdown of Q4 Brent/Dubai, naphtha crack trades, and insights into the high-sulfur fuel oil rally. They break down complex structures like Dated Brent and condensate-linked contracts in plain language, so even if you're new to energy markets, you'll walk away with real-world strategies to explore and a better understanding of what really drives price in this space.
Key topics include Brent spreads and the physical market's dislocation to global macro headlines, the Iranian nuclear deal, the rally in high-sulphur fuel oil, and a look into US and European gasoline contracts ahead of summertime demand.
🔔 Subscribe for weekly insights, smart trade ideas, and real trader talk from the front lines of the oil market.
Please note, this episode was recorded at 8:30am BST on 15th April, 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
Chapters for this episode are:
0:00 Introduction
0:31 Temperature Check: Your Pulse on the Market
3:20 Herd Mentality: What’s Driving the Market?
21:35 The Officials - The Technical Breakdown
30:45 Gold Rush: Where Traders Struck Big!
43:20 Widow Maker: The Market’s Biggest Tra
46:26 Deep Dive: Inside the Data That Matters
52:36 Crystal Ball: Trade Ideas & Forward-Looking Analysis
https://linktr.ee/onyxcapitalgroup
Follow us:
YouTube: https://www.youtube.com/@worldofoilderivatives
LinkedIn: https://www.linkedin.com/company/onyx-capitalgroup/
TikTok: https://www.tiktok.com/@onyxcgroup
Instagram: https://www.instagram.com/onyxcgroup/
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. 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.