19 August 2025: 16:30 BST
The bears were amassing, but we hope they’ve taken the chance of this momentary reprieve to get out of their positions before all hell breaks loose again and the market snaps their claws off. The White House says that Putin agreed to move to the next stage of peace talks. Progress… but slow. The Russian bear isn’t toothless, however, and while the diplomatic and political jostling goes back and forth, the tit for tat continues. After Ukraine’s attacks on Russian infrastructure late last week and the current one, the Russians hit back. They bombed a gas transport facility in Poltava, setting it on fire.
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.
