Asia Oil Market Commentary

13 Nov 2024
Middle East crude prices were steady Wednesday as markets looked to have found some support following three consecutive losses, while...
12 Nov 2024
Middle East crude extended losses  as cash differentials also continued to slide, a move that offered a boost to margins at the bottom...
11 Nov 2024
Middle East crude opened the week lower as markets caught up following the Brent retreat after Asia had closed on Friday, while it...
8 Nov 2024
Middle East crude prices were marginally lower Friday as benchmarks posted slim weekly gains of under 0.5%, while refined product cracks...
7 Nov 2024
Middle East crude prices edged higher Thursday, regaining the previous day's losses, while the products market saw the recent recovery...
6 Nov 2024
Middle East crude prices retreated Wednesday as benchmarks surrendered early-week gains, while gasoline cash diffs flipped back into a...
5 Nov 2024
Middle East crude prices were higher Tuesday as benchmarks strengthened after OPEC+ delayed the planned output hike, while gasoil...
4 Nov 2024
Middle East crude opened the week little changed as Monday's Brent increase cancelled out the late-Friday selloff, while Asia jet fuel tightness...
1 Nov 2024
Middle East crude markets opened the new month higher as the risk premium returned, while jet fuel supply tightness in Asia saw prices...
31 Oct 2024
Asia commentary and pricing are suspended Thursday due to a Singapore holiday. A normal publishing schedule will resume 1 November...
30 Oct 2024
Benchmark Dubai posted a relatively firm finish to the October trading cycle ahead of the Singapore holiday, while gasoil cracks continued...
29 Oct 2024
East of Suez crude benchmarks were in retreat for a second session as benchmarks dropped to the lowest level in a month but there was no...
28 Oct 2024
Middle East oil crude prices were lower after what was deemed a relatively muted strike by Israel against Iran, while the Asian regrade...
25 Oct 2024
Middle East oil crude prices were lower with markets catching up with the Brent retreat after Asia had closed in the previous session, while diesel in Asia is...
24 Oct 2024
East of Suez crude markets extended the week's firmer tone as benchmark Dubai posted the highest price since mid-month, while...
23 Oct 2024
East of Suez crude markets were higher Friday as benchmark Dubai posted the biggest daily gain in three weeks, while the fuel oil market...
22 Oct 2024
East of Suez crude markets were little changed Tuesday as markets looked for direction, while there was firm bidding on show in the...
21 Oct 2024
Middle East crude opened the week slightly lower as markets caught up following the Brent retreat after Asia had closed on Friday, while East...
18 Oct 2024
East of Suez crude prices were little changed Friday but still heading for steep weekly losses, while gasoil differentials continued to grow...
17 Oct 2024
East of Suez crude oil prices steadied Thursday and posted the first gain in a week, while middle distillate cash differentials were seen...
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