Europe Oil Market Commentary

26 Oct 2022
Crude oil jumped almost 3% on Wednesday as a bout of dollar weakness and a bullish set of US inventory figures...
25 Oct 2022
Crude oil futures had given up some ground heading into Tuesday's European close but remained comfortably...
24 Oct 2022
Brent crude futures rose and then fell on Monday but broadly ended the European day where...
21 Oct 2022
European diesel refiner margins tumbled to a three-week low by the end of the week as the...
20 Oct 2022
Crude oil futures fell into the European close on Thursday having initially hit their highest level since...
19 Oct 2022
European diesel cracks fell over $5/b while the backwardation eased by the Wednesday London...
18 Oct 2022
Diesel refiner margins continued to nudge higher, extending their three-month high, while...
17 Oct 2022
Refiner margins for European diesel and gasoil markets pushed for a fresh four-month high at the...
14 Oct 2022
Crude slipped at the week's end, while product cracks slipped as French industrial disruption neared its end...
13 Oct 2022
Oil prices rebounded as a sharp jump in US crude stocks was outweighed by increasingly
12 Oct 2022
Crude oil fell to one-week lows during trading on Wednesday, with lingering demand fears running counter to...
11 Oct 2022
Crude and product prices retreated on Tuesday, as fears over the state of the global...
10 Oct 2022
rude held on to the bulk of last week's sharp gains and LSGO backwardation reached...
7 Oct 2022
Crude pushed higher again in the Friday session, extending gains on OPEC+ production cuts...
6 Oct 2022
Crude consolidated recent gains on the decision by OPEC+ to cut output by a sharp 2 million bpd...
5 Oct 2022
A barrage of bullish news lit a fire under oil and product prices on Wednesday as a long-expected...
4 Oct 2022
Backwardation in the European diesel market jumped to its highest level since late March as some 2 million bpd...
3 Oct 2022
European diesel refiner margins rose back above $50/b for the first time in three weeks as supplies...
30 Sep 2022
Crude eased on Friday and gasoil fell further from midweek highs, as attention turned to next week's OPEC+ meeting...
29 Sep 2022
Crude ticked higher on Thursday and briefly touched $90/b on reports of OPEC+ supply cuts...
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