West of Suez Oil Commentary
17 Apr 2025
Benchmark crude oil futures extended gains on Thursday on the prospect of easing trade tensions between the United States and China, while...
16 Apr 2025
Benchmark crude oil futures rebounded Wednesday as the United States imposed greater pressure on Iranian oil supply, while LSGO...
15 Apr 2025
Benchmark crude oil futures were little moved on Tuesday as some of the tariff-driven volatility in the market started to ease, while LSGO...
14 Apr 2025
Benchmark crude oil futures opened the week higher on Monday as Washington announced further exemptions to global tariffs, while LSGO...
11 Apr 2025
Benchmark crude oil futures drifted higher on Friday as markets digested Washington's decision to place global tariffs plans on ice but remained...
10 Apr 2025
Benchmark crude oil futures were mixed Thursday after US President Donald Trump placed global tariff plans on ice for all but China...
9 Apr 2025
Benchmarks were sharply lower on Wednesday as China unveiled an additional 50% tariff to hit US goods on Thursday, while US crude inventories...
8 Apr 2025
Benchmark crude oil futures drifted lower on Tuesday as focus remained centred around the mounting trade tensions between the US and
7 Apr 2025
Benchmark crude oil futures extended losses on Monday as markets continued to monitor the implications of escalating trade tensions on...
4 Apr 2025
Benchmark crude oil futures were down another 6.2% on Friday as China unveiled tariffs of its own against the United States, while rising OPEC+...
3 Apr 2025
Benchmark crude oil futures slid on Thursday, the unveiling of Washington's latest sweeping tariffs compounding an unexpected hike in OPEC+...
2 Apr 2025
Benchmark crude oil futures drifted lower on Wednesday as markets braced for further escalation in global trade tensions, while LSGO...
1 Apr 2025
Benchmark crude oil futures extended gains Tuesday as increasing Western pressure on global oil supply coincided with improving...
31 Mar 2025
Benchmark crude oil futures opened the week sharply higher as Russian oil faced further Western pressure, while improving...
28 Mar 2025
Benchmark crude oil futures extended losses on Friday but posted the third consecutive weekly gain, as tightening market balances...
27 Mar 2025
Crude and product prices inched lower Thursday, unable to hold on to recent one-month highs, as attention turned back to US tariffs...
26 Mar 2025
Crude and products were higher Wednesday, helped by a bullish US stock report, while investors continued to...
25 Mar 2025
Crude slipped Tuesday as the market weighed more US sanctions on Venezuela and a breakthrough in Russia-Ukraine peace talks...
24 Mar 2025
Crude futures started the week higher as the market weighed Russia-Ukraine peace talks, as well as US tariffs and sanctions...
21 Mar 2025
Crude and products inched higher again Friday, with Brent and LSGO futures on track for weekly gains, with geopolitics back in focus...