Onyx logo
The Officials

Follow the Officials on X, and find our podcast on YouTube, Spotify and Apple Music.

The Officials: The Liquidity Report 1.20

24 June 2025: The Liquidity Report

Amidst mounting tensions in the Middle East and speculation of possible US involvement -ahead of the weekend strikes- in the week ending 20 June 2025, exchange traded futures volumes in Brent, RBOB and WTI declined w/w across the board. For Brent, August contract volumes fell the most (-13.35%), while for WTI it was the September contract that saw the steepest drop (-54.11%). Heating Oil August exchange traded volumes declined w/w, whereas volumes for September and October contracts rose w/w. By contrast, Gasoil exchange traded futures volumes rose across the board w/w, the only instrument to post universal increase.

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.

Share on