12 August 2025: 16:30 BST
The Nayara refinery has been taking a hit on the chin and sources confirmed they have effectively been ostracised. Even the State Bank of India has reportedly halted processing of transactions for Nayara! Trading sources said today Nayara “seems pretty bad”, with another Indian source saying they have heard similar news domestically. Singled out of the pack and made an example of… Nayara’s staring at its lowest crude intake on record, with imports set to average just under 94 kb/d this month, according to data from Kpler and Vortexa – 270 kb/d less than average imports over the last year!
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.
