24 October 2025: 16:30 BST
There are sanctions, countersanctions and workarounds. Anybody thinking the consumers do not like the Russian black stuff, better get a job writing comics or at a Swiss cheese factory. The alternatives always bore through; it just takes a bit of time. Hungary is already looking for workarounds – and admitting it publicly! It took literally a day. The oil will leak out eventually one way or another. That being said, the Europeans are still set on plugging as many gaps as they can – with a few conveniently placed loopholes. Meanwhile, Starmer said, with a straight face, “We are choking off funding for Russia’s war machine.”
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.


