13 May 2025
In the week ending 9 May 2025, exchange traded futures volumes in both Brent and WTI front month contracts declined w/w. Following the rescheduled OPEC meeting on 3 May, the crude market has cooled somewhat and volumes in Brent and WTI contracts declined across July, August and September tenors. By contrast, volumes in gasoil, heating oil and RBOB July futures increased on the week. In the more deferred September tenor, RBOB was the only contract to see an increase in exchange traded volumes, rising by 7.5% w/w.
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).
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