Europe Oil Market Commentary

5 Jan 2024
Crude futures rebounded on Friday as Middle East tensions returned, helping Brent record a marginal gain
4 Jan 2024
Losses on European products outpaced crude on Thursday after the latest US stock report showed a steep decline...
3 Jan 2024
Brent crude oil futures surged nearly 3% on Wednesday as protests in Libya shut in its largest oil field, with broader...
2 Jan 2024
Crude oil prices were on course for a loss in the first trading session of the new year, with the market giving back gains seen earlier in...
29 Dec 2023
Crude prices tracked sideways and distillates were under pressure in a shortened trading day in Europe at the end of the year, with the market...
28 Dec 2023
Refined product cracks inched higher on Thursday, helped by a sell-off in Brent crude and reports of
27 Dec 2023
European diesel and jet fuel prices were pressured on news that several diesel and jet fuel cargoes were diverted around Africa...
22 Dec 2023
Crude futures recovered some of the previous day's sharp losses in Friday's short trading window to end the week higher...
21 Dec 2023
Crude oil futures tumbled over $1/b after Angola announced it was leaving the OPEC producer group, dragging product...
20 Dec 2023
Front month crude oil futures were poised to close at above $80/b for the first time in three weeks on Wednesday, shrugging...
19 Dec 2023
Crude and product futures were heading towards $80/b on Tuesday with events in the Red Sea dominating sentiment...
18 Dec 2023
Quantum Commodity Intelligence - Crude futures were higher Monday as more shipping companies moved to avoid the Red Sea because of...
15 Dec 2023
Brent crude futures ended the day down slightly but racked up a narrow weekly gain as oil demand sentiment improved, but...
14 Dec 2023
Brent crude futures were given a sharp boost Thursday by an improved outlook for 2024 oil demand...
13 Dec 2023
A bullish US stock report helped lift crude and product prices Wednesday, which came shortly after OPEC...
12 Dec 2023
Crude slumped to a fresh five-month low Tuesday after a soft US inflation reading added to concerns over 2024 demand...
11 Dec 2023
Brent futures dipped on Monday as investors weigh the likelihood of an oil supply surplus next year...
8 Dec 2023
Brent futures were trading higher Friday, but ended the week sharply lower on concerns over next year's
7 Dec 2023
Crude futures and refined products markets moved sideways on the whole Thursday
6 Dec 2023
Brent futures slumped below $75/b on Wednesday for the first time since the end of June as oil demand...
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