Europe Oil Market Commentary

13 Dec 2024
Brent crude futures were higher Friday with US-led sanctions back in focus, to help mark its first weekly gain in three...
12 Dec 2024
Brent struggled to hold on to the week's earlier gains on Thursday as the IEA warned of a looming supply surplus next year...
11 Dec 2024
European crude oil and refined products markets were higher during Wednesday's session, lifted by expectations of dovish economic policy...
10 Dec 2024
Brent crude oil futures consolidated gains on Tuesday after markets digested the news of Syria's president being overthrown...
9 Dec 2024
Crude prices were higher Monday with events in Syria and more economic stimulus in China adding support...
6 Dec 2024
Brent was lower again Friday as the market digested the OPEC+ decision to extend production cuts into next year, while diesel lost more ground on signs of oversupply...
5 Dec 2024
Benchmark crude futures ended the day lower after OPEC+ announced it was extending its production cuts
4 Dec 2024
Brent crude futures were steady in the midweek session, ahead of Thursday's OPEC+ meeting, with EIA data presenting a mixed picture...
3 Dec 2024
Benchmark crude prices were higher Tuesday on expectations OPEC+ will extend its production cuts into next year...
2 Dec 2024
Benchmark crude oil futures were in retreat Monday as bearish sentiment emerged towards the close, while accelerating industrial activity in...
29 Nov 2024
Benchmark crude oil futures remained locked in a tight trading window Friday as markets braced ahead of the delayed OPEC+ meeting, while...
28 Nov 2024
Benchmark crude oil futures held steady on Thursday as the market weighed delays to OPEC+ production hikes against ongoing macroeconomic...
27 Nov 2024
Benchmark oil futures traded slightly lower Wednesday as ceasefire in the Middle East faded concerns of an imminent disruption to global oil...
26 Nov 2024
Benchmark oil futures nudged higher Tuesday as investors braced for escalating tensions between Russia and Ukraine, spurring LSGO cracks to...
25 Nov 2024
Benchmark crude oil futures declined on Monday following reports of progress toward a ceasefire deal between Israel and Hezbollah, while LSGO...
22 Nov 2024
Benchmark crude oil futures were sharply higher Friday as escalating tensions on the Russian border with Ukraine left investors fearing...
21 Nov 2024
Crude futures were higher Thursday on as tensions between Russia and Ukraine ratcheted higher...
20 Nov 2024
Benchmark crude oil edged higher Wednesday as escalating conflict in the Russia renewed concerns over global oil supply security, while LSGO cracks...
19 Nov 2024
Benchmark crude oil futures traded slightly lower Tuesday as operations resumed at one of the North Sea's largest oilfields, while LSGO...
18 Nov 2024
Benchmarks were sharply higher Monday as the market braced for an escalation in the Russia-Ukraine war, while LSGO cracks climbed to a...
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