10 September 2025: 09:30 BST
‘God protect me from my friends, because my enemies I can handle,’ said an oil company as a comment on the Israeli attack on Doha, and supporting role the US is widely believed to have had. Questions were also emerging over what territory the Israeli planes flew over. “Was it Saudi territory?” Asked a senior shipping executive. International law and diplomacy are dead in a ditch! No energy infrastructure was hit, but who knows what’s next on the hit list? By the way, the Ruwais Refinery 2 (417 kb/d) should be back to full operation today after yesterday’s precautionary shutdown.
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.
