23 December 2025: 16:30 GMT
We had a brief stint below the $62 land in Brent flat price, but just after 16:00 GMT the market started moving north again to reach the close at $62.10/bbl. Things are comfy there. The prompt spread moved down in tandem, far below its 54c peak to just 44c, but by the close, it had almost offset any losses and was trading at 50c.
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.
