22 October 2025: 16:30 BST
Flat price is up in a sharp reversal from the scary downward momentum last week which took the price down to nearly $60. Bullish inventory in the US helped a great deal but the markets were running up ahead of the stats. And we have now bounced up $2.50 showing the bearish talk was a bit of nonsense and many players were overextended. Plus, $60 is an important psychological level where new buying tends to come in – it’s becoming a real level of support, following the similar bounce we saw at that point back in May
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.
