Europe Oil Market Commentary

Distillate cracks continued to tumble in Europe, overshadowing another drop in Brent on Monday...

Brent slipped lower Friday as the dollar index continued to rally amid concerns of an interest rate...

Distillate cracks slumped Thursday following the expiry of the November low sulfur gasoil futures contract at midday...

The European complex eased Wednesday after Brent prices dropped following news of a small build in US commercial crude stocks, while backwardation...

Low sulfur gasoil futures prices and cracks firmed and backwardation widened in the nearby curve...

Brent clung to gains throughout Monday after Saudi Arabia released a steep hike in...

Distillate cracks jumped for the second day in a row, gasoline cracks softened, and Brent...

Brent slipped lower again by the late afternoon marker, retreating from highs near $84.50/b amid a stronger dollar index...

Brent tumbled Wednesday after a bearish US weekly oil report despite the EIA reporting another draw in gasoline stocks...

Gasoline cracks maintained most of Monday's gain when it reached a year high, although nearby backwardation narrowed sharply in the afternoon...

Gasoline prices and cracks jumped higher Monday and already wide backwardation between spot and front-month paper rose, overshadowing...

Brent was ticking higher late afternoon compared to Thursday, despite another plunge in natural gas prices...

Brent slid Thursday after gas prices retreated following Putin's televised meeting with Gazprom...

Brent prices slid lower after the EIA report showed US crude stocks built 4.3 million barrels last week...

Brent was slightly lower by late afternoon marker despite climbing late afternoon, tracking a recovery in the dollar index...

Gasoline led the global oil complex Monday, triggered by a spike in Asian prices at the time of the Singapore close...

Brent almost recovered all the losses from Thursday as bulls eyed the tightening global oil complex...

Low sulfur gasoil futures crashed lower Thursday, outstripping Brent that was under pressure...

Brent had dropped close to $84/b before the release of a bullish EIA weekly US oil report...

Brent rallied but low sulfur gasoil futures fell to extend the slump in middle distillate cracks...