30 October 2025: 16:30 GMT
$65 is back! Briefly at least, before markets fell back again, slipping just by a cent $64.99/bbl by the close. The prompt spread recovered somewhat again, reaching the European close at 64c. However, the Brent structure is struggling further down the curve again, dipping into contango in the May/Jun’26 spread.
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.

