03 September 2025: 09:30 BST
The oil market is fun, rising and falling by over a dollar in the past 48 hours. It is a peculiar behaviour which you can see in the accompanying graph. The downward corrections are particularly sharp, like a scared market ready to jump at the smallest movement in its own shadow. The market has been trying to go up and breach the $70.00/bbl resistance level but then there are news or something and all the traders get scared and cut back.
In ‘The Officials’, Onyx Capital Advisory publishes 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 will initially be 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.
