1 December 2025: 08:30 GMT
The market is “extremely dead” according to a trader, while another pointed out to The Officials that many firms have closed their books for the year and they are trading “small volumes” heading to year end, saying that many firms struggled during what he described as “a difficult year.” But the old dog still has some life left and the market went up at some point up to 2%, following a raft of bullish events.
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.

