23 September 2025: 16:30 BST
Dollar debasement is the name of the game, seemingly, for this administration. Self-sabotaging policy has driven markets into deep disillusion with the global reserve currency, seeing an increasing rotation to gold. Spot gold is up over 42% to almost $3.8k/oz today! In dollar terms, oil is down from around $80/bbl at the start of 2015 to the upper $60s range today. But, in gold terms, the fall has been dizzying…
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.


