10 April 2025: 09:30 BST
The ‘Trump indicator’ (also known as flat price) went on a barnstorming rally last night after the 90-day reciprocal tariff delay. Trading with Trump is like playing poker with somebody who goes all in on every hand and then suddenly folds when he realises just how close to the cliff he’s teetering. As long ago as… Tuesday… Trump rebuffed questions about tariff pauses to allow negotiations for reconciliation. Until Wednesday afternoon!
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.
