26 September 2025: 16:30 BST
$70! Brent made the leap and broke the barrier just after 15:00 BST. But the prompt spread struggled to keep up with that surge, oscillating gently in the mid-80c range. The market spouted great horns this morning. It stretched upwards in the window to hit the close at $70.68/bbl! Although it’s fat bear week in Alaska, any bears in the oil market have been fleeced and look rather malnourished as the bulls run rampant this week.
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.
