29 July 2025
In the week ending 25 July 2025, exchange traded futures volumes declined w/w across all contracts and throughout the first three tenors, with only exception RBOB futures volumes that rose in the October and November contracts and Brent futures which remained relatively unchanged in the same tenors. The biggest fall occurred in September tenor of the Heating Oil contract, which fell 35.15% w/w. Meanwhile, for both Brent and WTI it was also the September contract that experienced the largest drop in volumes, 25.15% and 23.94% down w/w, respectively.
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.


