24 December 2024: 12:30 GMT
Flat price is vacillating, up and down like some who are already enjoying Christmas. What the hell, the moves are minor, so don’t worry. The window saw a flat price slip, from above $73.30 to below $73, though it found some support in the $72.90s. But it quickly rebounded towards $73.20. It’s like a kid who can’t decide whether to play with the bear or bull action figures it just unwrapped for Christmas. Or someone who had one too many And then it came back down again… After all that choppy window action, Brent ended European trading at $73.17/bbl. Up and down faster than Father Christmas in a chimney!
In ‘The Officials’, Onyx Capital Advisory publishes 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 will initially be 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.
