8 October 2025: 16:30 BST
Flat price toiled and worked its way up to the mid-$66 range through the morning into early-afternoon trading. But then it dumped! All the way back below $66 again within an hour And then back again! This market wants to go up, folks – we feel like it wants $67. Again, like yesterday, the time spreads performed strongly, as the prompt spread climbed to near 60c before the window and the spreads remain backwardated into the early months of next year.
The Officials publish 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 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.
