21 April 2025: 09:30 BST
Oil markets were walloped following last week’s war fear inspired sudden rise. But it was clear both sides, US and Iran, want to
play nice and issue friendly statements. Nevermind that the real action is in Houthiland and surrounding waters. While bombs are
dropped on Yemen, expensive American drones are also blasted out of the sky. Should they come to an agreement, surely the
Gulf neighbors won’t want any disturbances, prices are set to get whacked.
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.
