Oil Market Commentaries

The week started on a bearish note with oil futures dropping on concerns of the Covid-19 pandemic in India...

Middle East crude oil prices retreated for the third successive day Thursday, as rising coronavirus

Middle East crude rebounds from weekly lows

Oil futures and the European oil product complex ended the week notching small gains...

European oil futures diverged slightly Thursday, and there was a mixed bag of moves in oil products...

Dubai loses further ground against Brent as EFS soars above $3.50/b.

Brent maintained yesterday's falls Wednesday after a neutral U.S government weekly oil market which saw a bearish 600,000 barrels build...

Brent/Dubai and EFS hit fresh highs as Middle East lags North Sea gains

Gasoline led the European oil complex lower Tuesday as the rapid spread of Covd-19 in India trumped the bullish news...

Asian hold on to last week's strong gains

Brent was little changed by late Monday, held steady by a sharp drop in the dollar index and news of a force majeure for Libyan crude...

Middle East crude oil prices continued the week-long rally Friday, rising to fresh one-month highs on optimism...

Oil futures ended little changed at the end of the European week, maintaining Thursday and Wednesday's gains, but there was a rally in gasoline and naphtha prices...

Middle East crude oil prices rallied strongly Thursday, following the gains in Europe and the US, which...

Brent consolidated Wednesday's gains when the closed at their highest since March 17, with the front month contract 25 cts/b higher at 16.30 UK time Thursday than yesterday....

Middle East crude oil prices maintained the upwards momentum Wednesday, gaining around $1/b on...

Brent surged Wednesday amid a raft of bullish with the International Energy Agency upping its global oil demand forecast...

Middle East crude oil prices moved higher Tuesday as favorable trade data from China bolstered...

Brent ticked higher by 16.30 UK time for the fourth trading day in a row Tuesday, but European distillate futures diverged with Low Sulfur Gasoil future...

Brent gained for the third day in a row by 16.30 UK time, lifting most of the European oil complex, although there was a drop in 0.5% marine fuel and naphtha prices...