04 August 2025: 16:30 BST
Trump just cannot keep his mouth shut! The Donald decided to fire renewed tariff threats on India, because they don’t want to stop buying Russian. He “will be substantially raising the Tariff paid by India to the USA”… We are sure they are quaking! Are they? Or they see another TACO coming? See India’s response on page 3. Seriously, can the US take on Russia, Iran, China, India and Europe? Europe he can, but that’s about it. But flat price jumped 67c in just 3 minutes on the news and the prompt spread rallied to 85c before retracing to the upper $68 handle and to the 80c mark, respectively.
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.
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