9 September 2024: 16:30 BST
The age-old inverse dollar-oil relationship has flipped into positivity in recent months. The outlook for dollars doesn’t look rosy, US recession risks could force the Fed’s hand and easing cycles may be more aggressive than expected, not a good sign for the already embattled oil markets.
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.
