16 June 2025: 16:30 BST
Be prepared for everything! The afternoon’s confidence of de-escalation between Israel and Iran saw flat price falling from the highs of $78 in the open to the lows of $71.80/bbl. However, after market close tensions escalated again signalling a conflict that could stay in place longer than expected. With the intraday Brent flat price ranging from -4% to +6.6% compared to Friday’s close.
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.
