Onyx logo
The Officials

The Officials Benchmark Publication is updated twice every trading day. The Officials' podcast is released each Tuesday on YouTube, Spotify, and Apple Podcasts.

The Officials: Is the Trump dump over?

12 March 2025: 16:30 GMT

Just as Trump says he is “very happy” that oil prices are down, they climb back up again. Back up to $71 even! Talk about comic timing. Reports Putin is likely to accept a ceasefire at some point, but on his own terms, tells us one thing: he’s not happy with the proposals coming from the other side. Numerous Russian officials have been reiterating the need to eradicate the “root causes” of the conflict. Ukraine’s hand looks weaker by the day, as the Kursk incursion collapses and Russia has even taken Sudzha, a key town in Kursk previously held by Ukraine. It’s all falling apart for Zelenskyy!

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

The Officials Benchmark Publication is updated twice every trading day. The Officials' podcast is released each Tuesday on YouTube, Spotify, and Apple Podcasts.