Europe Oil Market Commentary
20 Feb 2023
Brent crude futures were higher Monday on reports of lower Russian output, which also...
17 Feb 2023
Crude futures ended the European cash market close in London at a an eight-session low as...
16 Feb 2023
Crude rebounded Thursday, which kept pressure on product cracks amid fresh signs...
15 Feb 2023
Brent crude oil futures were lower by the Wednesday London close, while gasoline and diesel cracks fell...
14 Feb 2023
Crude futures were lower Tuesday after a surprise announcement the US will release another 26mn...
13 Feb 2023
Crude oil edged lower during European trading hours at the start of the week as the market weighed the impact of...
10 Feb 2023
Crude was higher Friday on reports Russia could voluntarily slash oil production...
9 Feb 2023
Crude oil futures briefly touched their highest levels for the month on Thursday before pulling back, while...
8 Feb 2023
Brent crude was up for the second day as loading issues continued in the wake of a deadly...
7 Feb 2023
Crude oil futures rose more than $2.50/b at the cash market close in London compared to a day earlier as the...
6 Feb 2023
Monday brought another bearish day for crude with frontline Brent posting its lowest cash market...
3 Feb 2023
Crude oil futures fell marginally by the cash market close in London, but middle distillates...
2 Feb 2023
Losses mounted on Brent Thursday and distillates lost further ground, amid rising oversupply...
1 Feb 2023
European diesel and gasoil cracks dropped to a two-month low and backwardation eased as a rise...
31 Jan 2023
Crude prices slid Tuesday as investors awaited the US Federal Reserve's decision on its next interest...
30 Jan 2023
Oil futures continued to soften into the end of month as the trade continued to square positions ahead of a series...
27 Jan 2023
Oil futures gave up all of Thursday's gains by the cash market close on Friday as traders squared off...
26 Jan 2023
Crude edged higher Thursday as the US economy grew faster than expected and geopolitical...
25 Jan 2023
Crude futures were pegged just $0.17/b down on the day at the time of the European oil market...
24 Jan 2023
Crude futures fell Tuesday as focus shifted back to inflationary pressures in an improved...