Oil Market Commentaries
11 Oct 2024
Quantum Commodity Intelligence – Crude and products edged higher Friday as the market primed itself for an imminent escalation in conflict...
11 Oct 2024
Crude oil prices in Asia were higher as concerns over potential supply disruptions underpinned the broader oil recovery, while the inverted...
10 Oct 2024
Quantum Commodity Intelligence – Crude and products reversed yesterday's losses as US attempts to divert Israeli attacks away from...
10 Oct 2024
Crude oil prices in Asia were marginally lower Thursday as markets steadied at lower levels, while the gasoline physical market continued...
9 Oct 2024
Crude and products extended this week's losses Wednesday as de-escalating tensions in the Middle East started to unravel the war risk...
9 Oct 2024
East of Suez crude prices rowed back Wednesday following the broader oil selloff, while a tightening gasoil market pushed cash differentials...
8 Oct 2024
Crude lost grip of the $80/b handle Tuesday as bearish market signals emerged from the shadows to reignite some downward pressure on prices...
8 Oct 2024
Asian oil prices were higher Tuesday as markets caught up with the Brent spike after Asian markets had closed in the previous session...
7 Oct 2024
Quantum Commodity Intelligence – Crude built on recent gains Monday as escalating tensions in the Middle East prompted growing concerns of...
7 Oct 2024
East of Suez opened the week on a firm footing as geopolitical tensions continue to dominate, a move that ate into most refined product...
4 Oct 2024
Crude extended recent gains Friday as Middle East tensions helped Brent record its steepest weekly gain for the year...
4 Oct 2024
East of Suez crude extended the weekly rally to over 8%, catching up with the Brent gains after Asian had closed on Thursday, while also...
3 Oct 2024
Crude and product prices were sharply higher Thursday on reports Israel was eyeing Iran's oil facilities in retaliation to Tuesday's missile strike...
3 Oct 2024
Middle East crude prices eased back but remain close to one-month highs, while a boost to higher light end stocks in Singapore weighed...
2 Oct 2024
Crude and products slipped Wednesday as markets reacted to Iran's missile strike overnight on Israel...
2 Oct 2024
East-of-Suez crude prices soared by more than 6% in response to Iran's missile strikes against Israel, with the sharp rally extending...
1 Oct 2024
Crude and product futures were sharply higher Tuesday on reports Iran was preparing a ballistic missile strike at Israel...
1 Oct 2024
Middle East crude opened the new trading month lower as faltering demand growth offset political tensions in the region, a move that also pulled margins for...
30 Sep 2024
Crude and product prices were higher Monday as Middle East tensions ratcheted higher after Hezbollah's leader was killed in an Israeli airstrike...
30 Sep 2024
Middle East crude closed out the final trading day of the quarter slightly higher, but still booked monthly losses of over 6%, while the product side saw...