Europe Oil Market Commentary

Low Sulfur Gasoil futures outpaced the fall in crude amid concerns over the spread of Delta variant of Covid...

Brent futures surge, the North sea sees high bids for physcial cargoes, but distillates cracks are edging lower...

Popane and marine fuel, at either ends of the barrel, saw stong gains, while the rest of the oil complex was little changed or drifting lower...

Gasoline jumps, outstripping gains in soaring Brent, after draw in US stocks...

Brent rallied Tuesday, but there were stringer gains in distillates and gasoline to cement the bullish start to the week...

Eurobob gasoline turns a corner from last week's hefty discounts, but jet looks very soft, with cracks falling sharply...

Brent's topsy turvy week ended with the front month crude future surging again during the European oil product market close...

The Brent sell off was fast and abrupt Thursday, but crude prices held above $73/b.

Brent surges after the EIA crude stock draw, but the market is highly volatile, and crude prices dropped sharply again after the 1630 UK close...

Brent surged again to extend its recent rally, but Europe's oil product market was cautious, and cracks softened in major product classes...

Crude oil futures burst through the $73/b mark Monday, maintaining momentum, but European gasoline cracks softened... 

Brent climbs, and backwardation widens in curve, but only gasoline cracks rose...

Crude oil futures rallied and products moved even higher Thursday, and gasoline and diesel cracks in Europe followed suit..

Gasoline cracks gain in Europe despite huge product stock build in US...

Cracks for oil products, particularly gasoline, fail to follow the Brent rally..

Gasoline cracks softened in the Eurobob curve and the North Sea crude market is starting to look long...

Brent surged past the $72/b during the day to cap a bullish week, but jet cracks softened after more travel restrictions...

Builds in US gasoline and distillates erodes Brent's earlier gains...

Gasoline fails to spark after the first weekend of the US driving season, but distillates and high sulfur fuel oil cracks rally...

Gasoline was little changed amid the rally in Brent, but distillate and jet jump ahead...