Europe Oil Market Commentary

30 May 2024
Crude prices shrugged off a sharp US crude draw to end the day lower, while this week's
29 May 2024
Crude futures slipped Wednesday as attention turned back to oil demand, dragging most product prices lower on the day...
28 May 2024
European markets reopened after the long weekend sharply higher Tuesday amid signs of improved...
24 May 2024
Crude futures were flat Friday in a thin session as attention remained on OPEC+ cuts and US interest rates, while...
23 May 2024
Crude futures slipped again Thursday, down for the third straight session as chances of a US interest...
22 May 2024
Crude oil futures ended the cash market close at the lowest level in 10...
21 May 2024
Crude prices eased Thursday as Fed officials dampened rate cut hopes, while LSGO cracks held near five-week highs on...
20 May 2024
Crude and refined product prices ticked higher in European trade Monday, little moved by news...
17 May 2024
ICE gasoil futures rebounded for a second consecutive week after the latest series of Ukrainian drone strikes targeted...
16 May 2024
Crude prices ticked higher for a second day as supportive US inflation data followed on from Wednesday's stock draw...
15 May 2024
Quantum Commodity Intelligence – Crude and product prices inched higher Wednesday as US stock draws helped offset a bearish oil market report...
14 May 2024
Crude futures fell Tuesday as a bullish OPEC reading for oil demand was balanced against more production misses...
13 May 2024
Crude futures and European product prices started the weekly broadly lower with attention on next month's OPEC...
10 May 2024
Crude futures were flat Friday to end the week where they started as attention turns to next month's OPEC meeting...
9 May 2024
Crude prices ticked higher Thursday on strong China data and growing expectations that OPEC+ will roll production...
8 May 2024
Brent crude futures ended Wednesday's session higher for the first time this month, but stayed within touching...
7 May 2024
Quantum Commodity Intelligence – Brent crude futures continued last week's sell-off Tuesday but lacked much direction with attention focused...
3 May 2024
Crude and European product prices broadly held at recent lows Friday, marking sharp losses on the week...
2 May 2024
Crude prices fell for the fourth straight session Thursday as pressure from the previous session carried over and...
1 May 2024
Crude futures and European product prices slumped Wednesday with US crude and gasoline stocks seen higher...
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