21 November 2025: 08:30 GMT
It’s the first day of a new era! At least that’s what the sanctioneers would like you to believe, as the new set of sanctions on Rosneft and Lukoil comes into force today. At least in part, except that any transactions towards the sale of foreign assets or Lukoil’s foreign retail operations can continue until 13 December. But prices don’t care – Brent is even down today, having done its anxious jumping on the announcement of extra tariffs back in October.
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.

