5 December 2025: 16:30 GMT
Above $64 for the first time since 19 November! We told ya! Do not believe the super glut narratives, throw them in the bin, above the heads of all the short only consultants, ship trackers and bankers. A surge just before 14:30 GMT from under $63.20 to a high at $64.10 by 15:30. It moved down through the window to hit $63.76/bbl by the close. But the prompt spread didn’t keep up with that and rose only a few cents to 42c before falling back to 40c by the close.
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.
