18 September 2025: 09:30 BST
Yesterday, $68 looked like a floor until the evening, but in late trading it began to look like a new ceiling. Although Brent surged through the window, it couldn’t quite breach the $68 level again, reaching the close at $67.86/bbl. Despite the flat price decline, the prompt spread has been zooming upwards! It’s even broken the 50c barrier for the first time since 3 September! You know what that means – there is demand for crude right now. The stars are aligning for the eventual pop!
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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.
