Europe Oil Market Commentary

5 Dec 2023
Crude and product futures steadied on Tuesday after both Saudi Arabia and Russia moved to ease concerns...
4 Dec 2023
Crude futures slumped 4% on Monday and with it any remnants of support from last week's OPEC+ cuts...
1 Dec 2023
Crude recovered some lost ground on Friday but ended the week lower as OPEC+ production cuts...
30 Nov 2023
Crude futures slumped in late trade on Thursday with the market seemingly unconvinced by the depth of production...
29 Nov 2023
Crude futures were flat on Wednesday with OPEC+ talks still deadlocked on the eve of an important ministerial meeting...
28 Nov 2023
Crude futures climbed Tuesday on hopes an OPEC+ deal would be reached in time for this week's delayed meeting...
27 Nov 2023
Crude futures fell back towards $80/b on Monday as uncertainty over this week's delayed OPEC+ meeting dragged on...
24 Nov 2023
Crude futures were up for the second straight session on Friday as Brent marked its first weekly gain in five...
23 Nov 2023
rude futures recovered most of the previous session's sharp losses on Thursday as the implications of OPEC's falling
22 Nov 2023
Crude was under pressure Wednesday as fractures appeared in the OPEC+ alliance...
21 Nov 2023
Crude futures gave up some of their recent gains on Tuesday as attention remains focused on this week's OPEC+...
20 Nov 2023
Crude futures jumped more than $3/b on Monday as expectations build that OPEC+ will extend product cuts...
17 Nov 2023
Crude futures regained some ground on Friday after recent heavy losses but still ended the week lower...
16 Nov 2023
Crude futures sank nearly 5% on Thursday and slipped to a small contango at the front of the curve...
15 Nov 2023
Brent fell on Wednesday as disappointing China data was followed by a jump in US crude stocks...
14 Nov 2023
Crude futures were higher on Tuesday as the IEA followed OPEC in raising its oil demand forecast for this year...
13 Nov 2023
Crude oil futures inched higher on Monday as OPEC's monthly oil report lifted sentiment...
10 Nov 2023
Crude futures were higher Friday but still racked up another 5% loss on the week as attention...
9 Nov 2023
Crude steadied on Thursday, while diesel's sell-off accelerated on news Russia was likely...
8 Nov 2023
Crude futures fell to fresh lows on Wednesday as a bearish US stock report added to concerns...
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