Europe Oil Market Commentary
15 Nov 2024
Quantum Commodity Intelligence – Benchmarks lost their footing Friday, ending the week lower despite having risen consecutively over the past...
14 Nov 2024
Benchmark crude oil futures edged higher Thursday as the EIA showed steep draws in US product inventories, while diesel cracks climbed...
13 Nov 2024
Benchmark crude oil futures were flat Wednesday as investors contended with a lack of momentum in a dormant market, while product markets were...
12 Nov 2024
Benchmark crude oil futures inched higher Tuesday as sentiment steadied ahead of Trump's return to the Oval Office, while...
11 Nov 2024
Benchmark crude oil futures declined Monday, extending the losses made late last week to sink prices beneath the $72/b handle for the first time...
8 Nov 2024
Benchmark crude oil futures slipped Friday with Hurricane Rafael set to avoid critical energy infrastructure upon landfall, while…
7 Nov 2024
Benchmark crude oil futures inched lower Thursday as sentiment softened following Trump's return to office, while gasoline cracks remained at year lows....
6 Nov 2024
Benchmark crude oil futures traded slightly lower Wednesday as the market anticipated policy under the new Trump regime to favour...
5 Nov 2024
Benchmark crude oil futures climbed higher Tuesday as easing oversupply concerns met expectations of escalating conflict in the Middle...
4 Nov 2024
Benchmark crude oil futures rose on Monday following the weekend's announcement that OPEC+ would delay planned production hikes further...
1 Nov 2024
Benchmark crude oil futures edged higher Friday as the market braced for further escalation in the Middle East conflict, while LSGO cracks climbed to...
31 Oct 2024
Benchmark crude oil futures climbed further Thursday as oversupply concerns faded on the prospect of additional stimulus measures being...
30 Oct 2024
Benchmark crude oil futures edged higher Wednesday as falling inventories in the US coincided with reports that OPEC+ would delay...
29 Oct 2024
Benchmark crude oil futures traced lower Tuesday as macroeconomic frailty combined with oversupply concerns to weigh on prices, with...
28 Oct 2024
Benchmark crude oil futures slumped more than 5% Monday as Israel's retaliatory strikes evaded Iran's critical oil infrastructure, while LSGO hit...
25 Oct 2024
Crude and products edged higher Friday as supply concerns returned with escalating Middle East conflict, while LSGO futures firmed to fresh...
24 Oct 2024
Benchmark crude futures sunk lower Thursday as easing supply concerns compounded with persisting macroeconomic weakness, while LSGO...
23 Oct 2024
Benchmark crude oil and products retraced gains made earlier this week as EIA data showed a large build in US crude inventories, while the market...
22 Oct 2024
Benchmark crude oil prices rose 3% Tuesday on escalating tensions in the Middle East, while diesel cracks rebounded from recent lows...
21 Oct 2024
Benchmark crude oil prices rebounded Monday as escalations in the Middle East conflict compounded with expectations of imminent Israeli retaliation...