10 March 2025: 08:30 GMT
For now, Brent is clinging on to $70. Tariff uncertainty fights with geopolitical tensions bubbling up to see Brent fluctuate above and below $70. The geopolitical order has never been more muddled and confused. Mark Carney won the race to become the next Prime Minister of Canada but will likely now call an election; Germany is yet to form a new government; the US is diverging from its Western allies and the G7. The old order is exactly that: old.
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).
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