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The Officials

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The Officials: Asia April Monthly Report

30 April 2025: 09:30 BST

We feel like we always open the editorial with “what a month”, but at the moment each month seems to bring more and more excitement in markets. But boy has April been a long month, despite only having 30 days. That’s because it’s been so jam packed with major events and news! Tariffs, geopolitical strife, a rollercoaster Dubai spot market – see more on that below – we’ve been through a lot of ups and downs this month, rather like the markets as a whole.

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.

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