10 March 2025: 16:30 GMT
Europe had Brent safe and well above $70 throughout the morning, steadily plodding along towards $71. But Team America awoke in a frenzy and had almost every financial indicator in the red! Along with the stock market, Brent collapsed, dropping from around $70.80 to $69.80 in little more than an hour. It kept going and closed at $69.62/bbl.
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.
