21 August 2025: 16:30 BST
Zelenskyy is apparently ready to accept a deal freezing the front line of battle as it is right now, effectively recognising the lost territory is being ceded to Russia, without officially recognising it as such, according to Mikhail Podolyak, one of Mr Z’s advisers. We wonder how much longer he can cling on to his position…
Ever dependable Mr Phillips is clinging on to keep on bidding for Midland in the North Sea. They’ve been hanging out there, bidding consistently for the grade in the past 7 windows, by our counting! That doesn’t mean they haven’t had success, as Trafi and Chevron have both hit Phillips’ bids.
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.


