The Officials: Cold snap, hot crack! - Flux News
Onyx logo
The Officials

Follow the Officials on X, and find our podcast on YouTube, Spotify and Apple Music.

The Officials: Cold snap, hot crack!

18 November 2025: 16:30 GMT

It’s cold! We woke up shivering this morning in London, arguing in the office about whether roofs were covered in snow or just ice! As we discussed in Asia 2.222, gasoil cracks are bulging to break records going back 2 years, trading almost $5 higher on the day now over $38.60/bbl as everybody gears up for a long, cold winter… But crude is not really responding.

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.

Register with the Officials to unlock this article

OR
Share on
Flux News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.