Europe Oil Market Commentary

19 May 2023
Brent ended the week on a flat note, with front month Brent futures broadly unchanged at the...
18 May 2023
Brent crude and LSGO futures eased lower by the Thursday London cash close as the dollar index...
17 May 2023
Crude oil prices neared their highest level in a week on Wednesday as hopes of another postponement of US debt...
16 May 2023
Crude and product prices steadied Tuesday as the IEA pointed to a tight oil balance in the second half of 2023...
15 May 2023
ICE Brent crude oil and LSGO futures rebounded at the start of the week as tight energy supplies were...
12 May 2023
Crude dipped Friday and ended the week flat as concerns over oil demand in a slowing global...
11 May 2023
Brent crude oil futures slid for a second straight session by the Thursday London cash close amid renewed...
10 May 2023
Brent crude futures pared gains from positive US inflation data on a surprise crude stockbuild...
9 May 2023
Crude oil prices continued to see big day-to-day swings at the start of another shortened European trading week as...
5 May 2023
Refiner margins for low sulphur gasoil futures rose for a third straight session by the Friday London...
4 May 2023
Crude oil futures gained some ground for the first time this week at the Thursday cash close after the Fed...
3 May 2023
Front month crude oil futures fell to the lowest level in 17 months at the cash market close...
2 May 2023
Crude oil futures hit a six-week low by the cash market close on Tuesday amid poor Chinese economic...
28 Apr 2023
Crude rebounded into the weekend on optimism over the rescue of embattled US bank First Republic and upbeat...
27 Apr 2023
European gasoil futures slid back below $700/mt for the first time since early 2021, pressuring margins...
26 Apr 2023
A bullish US stock report helped steady crude by the end of play Wednesday, as European product markets pointed to...
25 Apr 2023
Brent crude shed any gains made in recent days as economic concerns returned to the foreground...
24 Apr 2023
Diesel and gasoil markets continued to rebound for a second straight session, outpacing the...
21 Apr 2023
Crude oil futures stopped two days of big losses on Friday, edging up $0.40/b on the day...
20 Apr 2023
Crude oil prices collapsed for another session on Thursday as the market gave back the last of its post-OPEC+ cut gains...
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