Europe Oil Market Commentary

April low sulfur gasoil futures crashed lower Wednesday, shedding around $21/b, to drag the oil complex lower...

Distillate futures were almost off the chart after the US announced it would ban Russian oil imports...

Diesel futures continued to scale fresh heights, with cracks for diesel barges versus Brent topping $51/b Monday...

European middle distillate prices continued their rally after Thursday's pause, surging...

The spike in European distillates continued Thursday with prices surging far higher than Brent again...

Distillates rocketed higher Wednesday amid fears diesel exports from Primorsk in March might be stranded...

fears over a distillate shortage in Europe after the Russian diesel export program from Primorsk in March...

Distillate refiner margins jumped at the start of the week, while backwardation steepened...

Brent crashed below $100/b after energy flows missed the round of sanctions imposed by the west against Russian

Oil futures and product prices spiked after Russian tanks rolled into Ukraine, creating extreme backwardation...

Middle distillate, gasoline, and fuel oil refiner margins all slipped lower by the Wednesday...

European product markets rallied on Tuesday – outstripping the rise in Brent – after Russia...

European oil products markets tracked Brent higher by the Monday close as tensions..

Brent recovered Friday from losses early in the day amid talk of a quick resolution to the Iranian deal after Russia...

Brent tumbled lower Thursday on signs a fresh nuclear deal was in sight with Iran, but there were sharper losses in gasoline and European distillate futures...

Brent surged higher after the US cast doubt on Russia's intentions to withdraw military forces from the...

Oil product refiner margins fell across the board by the European close while backwardation...

Fears of an imminent Russian invasion of Ukraine propelled Brent to fresh seven year highs Monday...

Distillates continued to rally, outpacing Brent that fired past $93/b late afternoon after an IEA report warned the chronic...

The new front month low sulfur gasoil futures contract outpaced a rally in Brent Thursday...