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
Sleeping Volatility: Giant Waiting in the Wings?
Sleeping Volatility: Giant Waiting in the Wings?
In this episode, Greg Newman, Harry Campion-Evans and Harinder Sandhu break down the most explosive move in the fuel oil complex in over a decade.
Singapore 380 cracks have surged to triple the 5-year average, with speculative interest hitting record highs. Is this a sustainable bull run—or a dangerously crowded trade?
The Flux News Show also covers:
- The Brent/Dubai spread tightening and its impact on global crude flows
- Saudi Arabia's upcoming OSPs and the psychology behind their softer pricing stance
- Chinese refineries buying behaviour and forward structure flattening
- Singapore fuel oil open interest, profit-taking risks, and signs of a market peak
- Regrade signals and how refiners might play the gasoil-fuel oil spread
đź”” 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 28th May, 2025.
Chapters for this episode are:
0:00 Introduction
0:16 Temperature Gauge: Your Pulse on the Market
8:01 Herd Mentality: What’s Driving the Market?
12:21 Hedge Fund Watch
16:33 Crack Spread Chronicles: Refinery Margins
28:30 The Officials - The Technical Breakdown
34:52 Gold Rush: Where Traders Struck Big!
44:22 Widow Maker: The Market’s Biggest Trading Losses
52:48 Crystal Ball: Trade Ideas & Forward-Looking Analysis
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.