Asia Oil Market Commentary

21 Aug 2024
Middle East crude registered gains for the first time in four sessions Wednesday, while gasoil cracks bounced from 15-month lows....
20 Aug 2024
Middle East crude markets continued to slide Tuesday, while gasoil margins continued to come off amid global weakness as they hit a...
19 Aug 2024
Middle East crude opened the week lower as markets caught up with the Brent retreat after Asia had closed on Friday, while middle...
16 Aug 2024
Middle East crude markets Friday nudged higher to consolidate the week's gains...
15 Aug 2024
Middle East crude markets Thursday extended the week's decline, while regional tightness in Asia pushed the jet fuel east-west to a fresh...
14 Aug 2024
East of Suez crude prices eased back Wednesday to snap a six-session winning streak, although that was not enough to stop margins...
13 Aug 2024
Asian crude markets were higher for a sixth session as Dubai again played catchup with Brent, while jet fuel east-west arb trade window...
12 Aug 2024
Distillate cracks continued to struggle as they slipped to a fresh two-month low...
8 Aug 2024
Quantum Commodity Intelligence – Middle East crude prices moved higher for a third...
7 Aug 2024
Middle East crude prices edged up Wednesday for a second session as markets continued to stabilise after rout seen in the first half of the week....
6 Aug 2024
Middle East crude prices edged up Tuesday although markets broadly remained under pressure, but it did not stop naphtha cracks...
5 Aug 2024
Middle East crude prices slumped to yearly lows Monday as concerns over demand growth took hold, with the selloff dragging the products...
2 Aug 2024
Middle East crude prices were lower Friday as markets quickly surrendered the previous session's gains, while big selling interest...
1 Aug 2024
Middle East crude markets opened the new month sharply higher as rising geopolitical tensions lifted global oil prices, while it was a busy...
31 Jul 2024
Middle East crude finally found some support Wednesday on the expiry as rising geopolitical tensions underpinned markets, while jet fuel...
30 Jul 2024
Middle East crude markets extended the sharp July losses Tuesday as the selloff picked up pace into the month end, while the reopening...
29 Jul 2024
Middle East crude opened the week lower with markets catching up with the Brent retreat after Asian markets had closed on Friday, while...
26 Jul 2024
Middle East crude markets closed out the week on a firmer note having tested near-two-month lows midweek, while the recovery in middle...
25 Jul 2024
Asia crude markets were steady Thursday, breaking a four-session losing streak, while gasoil margins pushed on to a two-week high as...
24 Jul 2024
Asia crude markets retreated for a fourth straight session as benchmark Dubai sunk to fresh seven-week lows, while products in the middle...
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