Oil Market Commentaries

Benchmark crude oil futures were sharply higher Friday as escalating tensions on the Russian border with Ukraine left investors fearing...

East of Suez crude markets were higher Friday's as geopolitical tensions boosted prices, while gasoil cracks continued to firm...

Crude futures were higher Thursday on as tensions between Russia and Ukraine ratcheted higher...

East of Suez crude markets were mostly flat over the previous 24 hours at Thursday's MOC as traders continued to monitor events...

Benchmark crude oil edged higher Wednesday as escalating conflict in the Russia renewed concerns over global oil supply security, while LSGO cracks...

Middle East crude extended the early week gains amid heightened geopolitical tensions Wednesday, while gasoline margins continued to extend...

Benchmark crude oil futures traded slightly lower Tuesday as operations resumed at one of the North Sea's largest oilfields, while LSGO...

Middle East crude prices rebounded from 2024 lows Tuesday while the diesel market arb hit its widest level in a month on the back of...

Benchmarks were sharply higher Monday as the market braced for an escalation in the Russia-Ukraine war, while LSGO cracks climbed to a...

Middle East crude opened the week slightly lower as prices remained under pressure, but lower crude prices helped lift gasoil margins...

Quantum Commodity Intelligence – Benchmarks lost their footing Friday, ending the week lower despite having risen consecutively over the past...

Middle East crude prices resumed the downward slide Friday to leave benchmarks lower on the week, but product margins were still...

Benchmark crude oil futures edged higher Thursday as the EIA showed steep draws in US product inventories, while diesel cracks climbed...

Middle East crude posted marginal gains for a second session Thursday but markets continued to struggle around yearly lows, a move that...

Benchmark crude oil futures were flat Wednesday as investors contended with a lack of momentum in a dormant market, while product markets were...

Middle East crude prices were steady Wednesday as markets looked to have found some support following three consecutive losses, while...

Benchmark crude oil futures inched higher Tuesday as sentiment steadied ahead of Trump's return to the Oval Office, while...

Middle East crude extended losses  as cash differentials also continued to slide, a move that offered a boost to margins at the bottom...

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...

Middle East crude opened the week lower as markets caught up following the Brent retreat after Asia had closed on Friday, while it...