Europe Oil Market Commentary

Distillate futures slightly outpaced Brent by the close, and backwardation widened again in the nearby low sulfur gasoil futures curve...

February low sulfur gasoil futures slumped ahead of the contract's expiry on Thursday...

Backwardation in the European gasoil and diesel markets hit a record high during...

Distillate prices, cracks and backwardation hit fresh multi-year highs Friday...

Low sulfur gasoil futures soared higher, outstripping gains in Brent...

Distillate futures were little changed despite a drop in Brent, strengthening cracks in the middle of the barrel...

Spot marine fuel barges in Europe surged to a fresh record high by the European close on...

Middle distillates slid from their seven-year high by the Monday European close, with both..

Backwardation across middle distillate markets rose to a 14-year high by the European...

Backwardation in European middle distillate markets rose to fresh highs by the...

Middle distillate refiner margins jumped to fresh multi-year highs by the European close...

European distillate markets climbed higher by the Tuesday close but failed to keep up with...

Low sulfur gasoil futures fell over 2% at the start of the week as Brent futures corrected...

Refiner margins for middle distillates ticked higher by Friday's London close as spot Brent...

Gasoline refiner margins jumped by the European close on Thursday after the...

Refiner margins of oil products slipped across the board by Wednesday's European...

Distillate and gasoline cracks slipped from their highs by the European close on Tuesday..

The rally in low sulfur gasoil futures outpaced the rise in Brent for the fourth straight session by the European close on Monday...

Brent ended the week rallying by the late afternoon marker to levels last seen in late October amid news of OPEC+ struggling to meet targets...

Brent dipped lower by the late afternoon marker, but there were flat price gains in most of the European oil complex...