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Liquidity Report 2.20

Exchange-traded volumes w/w and y/y were down for all products and tenors.
Published: 19 May 2026
Written by:
Will Cunliffe

Will Cunliffe

Research Analyst, The Officials
Will Cunliffe
,
Edward Hayden-Briffett

Edward Hayden-Briffett

Research Analyst, The Officials
Edward Hayden-Briffett
and
Spyridon Kokas

Spyridon Kokas

Research Analyst, The Officials
Spyridon Kokas
Reviewed by:
Jorge Montepeque

Jorge Montepeque

Head of Benchmarking, The Officials
Jorge Montepeque
Edition: Liquidity ReportVolume: 2Issue: 20
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Exchange-traded volumes w/w and y/y were down for all products and tenors.

In the week ending 15 May 2026, exchange traded volumes were all down! Brent futures volumes posted losses across all three tenors, the Jul tenor was down more than 35% with Aug and Sep down by just under a quarter. WTI took an even bigger hit with the Jul tenor down over 31%, the Aug tenor down over 45% and the Sep tenor down just under 50%.

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The Officials publish outright values, spreads, cracks and boxes for the main energy commodities traded in the marketplace. The published values are determined independently and on a fair market basis by our team of dedicated professionals.

We invite you to read our reports, which are published twice a day, reflecting closing values at 16:30 Singapore time (SGT) and at 16:30 London time (GMT/BST). For any comments, please reach out to us through the emails provided in the signed documents.

About Liquidity Report

Weekly reports analysing global liquidity in the oil markets

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