Europe Oil Market Commentary

2 Apr 2024
ICE gasoil futures jumped to a two-week high after the long UK bank holiday on heightened geopolitical tensions in the Middle East...
28 Mar 2024
Crude futures were testing fresh highs at the end of a short trading week Thursday...
27 Mar 2024
Crude futures fell Wednesday with US stocks climbing for a second week, while diesel cracks steadied...
26 Mar 2024
Crude futures were broadly flat Tuesday, holding near recent highs, as the market continued...
25 Mar 2024
Crude prices were back testing recent highs Monday on reports Russia has been forced to reign in oil production...
22 Mar 2024
Quantum Commodity Intelligence – Crude futures were little moved Friday, ending the week flat as profit-taking and concerns...
21 Mar 2024
Crude traded broadly sideways Thursday but ultimately ended lower in the absence of much direction...
20 Mar 2024
Crude prices were lower Wednesday ahead of the Federal Reserve's rate-setting meeting...
19 Mar 2024
Crude prices were nearing five-month highs on Tuesday on signs of rising demand and tighter OPEC supply...
18 Mar 2024
Crude futures reached fresh four-month highs on Monday, helped by positive Chinese data
15 Mar 2024
Crude futures consolidated weekly gains Friday, with Brent testing a fresh 2024-high after a flurry...
14 Mar 2024
Brent crude futures rose above $85/b Thursday for the first time in four months on a more bullish...
13 Mar 2024
Crude and product cracks were higher Wednesday as Ukraine hit more Russian refineries in a second day...
12 Mar 2024
Crude futures traded largely sideways again on Tuesday as the market shrugged...
11 Mar 2024
Crude oil prices were broadly flat Monday, while gasoline swaps firmed after two of France's largest refineries...
8 Mar 2024
Quantum Commodity Intelligence - Crude prices fell Friday and Brent futures ended the week lower than before OPEC+ decided to extend...
7 Mar 2024
Quantum Commodity Intelligence – Brent crude futures dipped on Thursday as investors weighed strong Chinese demand at the start of the year...
6 Mar 2024
Crude futures were back testing $84/b on Wednesday on a modest build in US crude inventories and a slowdown...
5 Mar 2024
Quantum Commodity Intelligence – Brent crude futures eased on Tuesday and dragged most European product prices lower...
4 Mar 2024
Quantum Commodity Intelligence – Brent futures started the week lower as traders reacted to a largely expected and priced-in OPEC+ output cut extension...
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