31 December 2025: 04:30 GMT
2025 was the year when geopolitics lost its impact on flat price. At the start and through the middle of the year political mess mattered and affected flat price up and down. By the end of the year, not so much and the mood was decisively bearish no matter who was bombing who. We continue to tell you and share the market sentiment. At the moment, finding a bullish analyst is like finding a needle in a haystack.
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.


