Our team of skilled analysts, by utilising the depth and breadth of Onyx's market knowledge, grants us an unparalleled perspective in the market, enabling us to identify and report emerging trends.

The Officials: Still all to play for!

1 min read

5 November 2024: 16:30 GMT

Debate and speculation should soon come to an end. From Trump’s criminal trial and expecting Biden to stand for a second term, to Trump’s post-assassination attempt defiant fist raised photo and potentially the first ever female US president. So many models and projections, voter sampling and interviewing. Betting odds versus polling. It all comes down to today. This is the most important election of our lifetime. Hang on, didn’t they say that in 2020? And 2016. And probably 2012 and 2008. Essentially, it’s important. Expect fireworks, and not only in the UK for Guy Fawkes night. The US election is reaching its crescendo after months of build-up and anxiety. We’re sure more than a few grey hairs owe their discolouring to the stressful lead-in. On the final European close before the election, Brent ended at $76.01/bbl but quickly sold off to around $75.50/bbl.

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.

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Our team of skilled analysts, by utilising the depth and breadth of Onyx's market knowledge, grants us an unparalleled perspective in the market, enabling us to identify and report emerging trends.