Oil Market Commentaries

Brent was lower again Friday as the market digested the OPEC+ decision to extend production cuts into next year, while diesel lost more ground on signs of oversupply...

East of Suez prices were slightly lower Friday with this week's OPEC+ decision seen as only enough to maintain current prices, a move that put...

Benchmark crude futures ended the day lower after OPEC+ announced it was extending its production cuts

East of Suez prices were lower Thursday, tracking the Brent retreat after Asia had closed during the previous session, ***...

Brent crude futures were steady in the midweek session, ahead of Thursday's OPEC+ meeting, with EIA data presenting a mixed picture...

East of Suez prices were higher Wednesday as markets caught up with the Brent spike after Asia had closed in Tuesday's session, while the strength was also seen in the...

Benchmark crude prices were higher Tuesday on expectations OPEC+ will extend its production cuts into next year...

Middle East crude were little changed Tuesday as prices moved sideways ahead of the OPEC+ meeting, but jet fuel cracks continued to...

Benchmark crude oil futures were in retreat Monday as bearish sentiment emerged towards the close, while accelerating industrial activity in...

Middle East crude opened the new month marginally lower as traders wait for the outcome of the OPEC+ meeting, while gasoil margins...

Benchmark crude oil futures remained locked in a tight trading window Friday as markets braced ahead of the delayed OPEC+ meeting, while...

Middle East crude prices posted a first gain in four sessions Friday, while strength in the Asian kerosene market saw the jet fuel east...

Benchmark crude oil futures held steady on Thursday as the market weighed delays to OPEC+ production hikes against ongoing macroeconomic...

Middle East crude prices eased for a third session Thursday after the Israel-Hezbollah ceasefire deal, a move that helped push HSFO...

Benchmark oil futures traded slightly lower Wednesday as ceasefire in the Middle East faded concerns of an imminent disruption to global oil...

Middle East crude prices eased slightly Wednesday after the Israel-Hezbollah ceasefire deal, while gasoline margins continued to firm to hit...

Benchmark oil futures nudged higher Tuesday as investors braced for escalating tensions between Russia and Ukraine, spurring LSGO cracks to...

Middle East crude prices retreated Tuesday on hopes that the expected Israel-Hezbollah treaty would lead to a broader settlement, ***...

Benchmark crude oil futures declined on Monday following reports of progress toward a ceasefire deal between Israel and Hezbollah, while LSGO...

Middle East crude opened the week slightly lower although premiums nudged up, while marine fuel structure has weakened notably as...