28 April 2025: 09:30 BST
Look at the Dubai partials to prompt Brent futures spread! Dubai has fallen! It’s tight as the two benchmarks battle for the lead like a pair of race cars edging for the lead. On Friday, Dubai partials held a 63c premium over Brent futures but today that has plummeted to just 2c! Excluding a brief flip on 4 March, this is the weakest Dubai has been relative to Brent since 19 December 2024!!!
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).
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