Asia Oil Market Commentary
11 Dec 2024
Middle East crude edged higher as Dubai continued to outpace Brent this month, while gasoline cracks continued to push higher...
10 Dec 2024
Middle East crude was little changed for a second session as markets looked for direction, while marine fuel spot prices remained under...
9 Dec 2024
Middle East crude opened the week marginally lower as traders digested the Saudi OSPs, while strong volatility was seen in the products...
6 Dec 2024
East of Suez prices were slightly lower Friday with this week's OPEC+ decision seen as only enough to maintain current prices, a move that put...
5 Dec 2024
East of Suez prices were lower Thursday, tracking the Brent retreat after Asia had closed during the previous session, ***...
4 Dec 2024
East of Suez prices were higher Wednesday as markets caught up with the Brent spike after Asia had closed in Tuesday's session, while the strength was also seen in the...
3 Dec 2024
Middle East crude were little changed Tuesday as prices moved sideways ahead of the OPEC+ meeting, but jet fuel cracks continued to...
2 Dec 2024
Middle East crude opened the new month marginally lower as traders wait for the outcome of the OPEC+ meeting, while gasoil margins...
29 Nov 2024
Middle East crude prices posted a first gain in four sessions Friday, while strength in the Asian kerosene market saw the jet fuel east...
28 Nov 2024
Middle East crude prices eased for a third session Thursday after the Israel-Hezbollah ceasefire deal, a move that helped push HSFO...
27 Nov 2024
Middle East crude prices eased slightly Wednesday after the Israel-Hezbollah ceasefire deal, while gasoline margins continued to firm to hit...
26 Nov 2024
Middle East crude prices retreated Tuesday on hopes that the expected Israel-Hezbollah treaty would lead to a broader settlement, ***...
25 Nov 2024
Middle East crude opened the week slightly lower although premiums nudged up, while marine fuel structure has weakened notably as...
22 Nov 2024
East of Suez crude markets were higher Friday's as geopolitical tensions boosted prices, while gasoil cracks continued to firm...
21 Nov 2024
East of Suez crude markets were mostly flat over the previous 24 hours at Thursday's MOC as traders continued to monitor events...
20 Nov 2024
Middle East crude extended the early week gains amid heightened geopolitical tensions Wednesday, while gasoline margins continued to extend...
19 Nov 2024
Middle East crude prices rebounded from 2024 lows Tuesday while the diesel market arb hit its widest level in a month on the back of...
18 Nov 2024
Middle East crude opened the week slightly lower as prices remained under pressure, but lower crude prices helped lift gasoil margins...
15 Nov 2024
Middle East crude prices resumed the downward slide Friday to leave benchmarks lower on the week, but product margins were still...
14 Nov 2024
Middle East crude posted marginal gains for a second session Thursday but markets continued to struggle around yearly lows, a move that...