18 February 2025: 16:30 GMT
Who knew? Talking can resolve conflicts. The Russians said talks with the US had gone well and they had covered a wide array of issues. Rubio said the end of the Ukraine war must be acceptable to all – but does he just mean those who are present in Riyadh? As the wordsmiths and silver-tongued diplomats got busy charming and schmoozing, Brent cooled from its peak over $76 to fall back towards $75, soothed by Lavrov’s revelation there should be some moratorium on attacks on energy facilities in the conflict – too late for Kazakhstan . An afternoon recovery saw Brent close at $75.62/bbl.
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.
