31 October 2025: 08:30 GMT
October is at an end! It’s been a hectic month with chopping and changes of market direction and narratives. The super glut narrative is still doing the rounds, though this month it took a new shape: oil on water. Some very wonky-looking data was floating around, suggesting a huge surge in exports but no corresponding surge in imports…
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.


