Europe Oil Market Commentary
20 Sep 2024
Crude and product futures were a touch lower Friday, but still up sharply on the week...
19 Sep 2024
Crude and product prices were sharply higher Thursday, buoyed by hopes that a steep cut in US interest rates...
18 Sep 2024
rent crude inched higher for a third straight session Wednesday, as a bullish EIA report helped consolidate gains ahead...
17 Sep 2024
Crude and European product prices were little moved Tuesday as the market waits for the US Federal Reserve's decision on interest rates...
16 Sep 2024
Brent crude futures rebounded Monday from Friday's late sell-off, but ended the day flat as the market weighed lingering oil demand concerns against supply issues, while diesel cracks slumped to fresh lows...
13 Sep 2024
Crude futures and European product prices slipped Friday but still ended the week higher as US Gulf onshore...
12 Sep 2024
Crude and product were sharply higher Thursday as Francine slammed into the Louisiana coastline as a Category 2 hurricane...
11 Sep 2024
Crude futures were back testing fresh three-year lows Wednesday as a bearish EIA report wiped out earlier gains...
10 Sep 2024
ICE Brent crude futures dropped below $70/b Tuesday for the first time in three years as OPEC added to oil demand...
9 Sep 2024
Last week's rout in crude and product futures continued Monday on lingering demand concerns...
6 Sep 2024
Crude prices slumped to fresh lows Friday with the decision by OPEC+ to push back its planned production hikes to the end of the year...
5 Sep 2024
Crude futures sank to fresh lows Wednesday as the market awaited a decision from OPEC+ over its production cuts...
4 Sep 2024
Crude futures sank to fresh lows Wednesday as the market awaited a decision from OPEC+ over its production quota...
3 Sep 2024
Brent crude slumped to fresh 2024-lows Tuesday on reports a deal to resume Libyan oil production was close to being agreed...
2 Sep 2024
Crude and product prices steadied Monday after last week's late sell-off...
30 Aug 2024
Brent crude oil futures tumbled on Friday on a report that OPEC was set to push through its Q4 output increases, giving way...
29 Aug 2024
Brent crude oil futures rebounded Thursday as nearly half of Libya's output was down amid a political standoff while...
28 Aug 2024
Brent crude oil futures slipped for a second straight day amid renewed worries about the global economy and a...
27 Aug 2024
European oil product refining margins tumbled across the board on Tuesday as oil products failed to track crude prices higher...
23 Aug 2024
Brent crude oil futures rebounded on Friday on a softer dollar and after the Fed hinted at a likely rate cut this September, although...