08 July 2025: 16:30 BST
$70!!! Brent made it. After taking most of the day to gather itself and prepare an assault on the 70s, which it broke into for the first time since the mega selloff on the escalatory de-escalation by Iran a couple of weeks ago. And this time it worked its way up there on its own steam: no missile bunkers launched it over the parapet, except the bullish vibes that spurred it on this afternoon. And more publications have joined us in saying the market is tighter than it looked. We are not shy in saying it feels nice to be followed.
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.
