28 November 2024: 16:30 GMT
Happy Thanksgiving, by the way, to our audience across the pond. There is much to be thankful for, big and small! And also, the same wishes to everyone globally. For those less fortunate, we ask you to think how you could help and also try to lessen anyone’s pain! Back to the market, flat price Brent was taken for a ride today, at least compared to the previous few days. Europe woke up and decided they wanted to buy Brent, with front-month Brent futures trading from a low of $72.39/bbl up to $73.49/bbl just before midday. The afternoon was a touch choppier on thin liquidity, as the US were out for Thanksgiving!
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.
