Europe Oil Market Commentary

Crude prices corrected higher in Europe Monday, gaining more than 5% from Friday's settle by 1630 London time, while jet and diesel saw the biggest gains in products...

Brent bounced off its lows to post a modest gain, but propane prices crashed lower...

Oil tumbled Thursday to extend losses into a sixth consecutive session and post 3-month lows...

Brent dropped after the release of the US weekly oil statistics showed a small build in gasoline stocks and a fall in implied demand...

Crude oil futures bounced back mid-afternoon in Europe Tuesday, recovering from intraday lows of under $69/b, while products saw mixed fortunes ...

Oil futures recovered late afternoon in Europe, with Brent bouncing back around $1.50/b from its intraday low, but prices were still down...

Brent was little changed by the close Friday, but gasoline, naphtha and marine fuel 0.5% sulfur prices all dipped lower, while high sulfur fuel oil barges rallied...

Brent bounces back, and propane jumps above naphtha to continue the high volatility in the light end markets after the US weekly oil report ...

European ppropane prices raced higher aftre the US stocks drew last week, and the spread below naphtha crunched to just $4.75/mt...

The losses on Monday were reversed, although jet cracks and differentials softened ...

The sell-off in oil impacted the major transport fuels more than Brent...

A positive US jobs report was unable to lift Brent, and the future crashed lower again, but there were bigger losses in Eurobob...

Brent crude futures received a late boost from positive US economic data Thursday, prompt gasoline was stronger again, while jet dipped from Q4 onwards ...

Futures were headed lower again Wednesday, as concerns of demand destruction from resurgent Covid case rates combined with mixed US EIA ...

Fuel oil prices and cracks fell more than Brent for the second day in a row...

A sudden slump in Brent was to quick for some European markets that trailed behind the slide in crude, although HSFO cracks softened sharply.

Brent consolidated above $76/b Friday and European products tracked higher ...

Gasoline, distillates, and propane react to Wednesday's US weekly oil statistics data...

Gasoline dipped lower after the release of US EIA data showing flat demand, but the rest of the European prices were ...

Gasoline rallied for the second day in a row, matching gains in RBOB gasoline, while naphtha backwardation widened further ...