Oil Market Commentaries
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...
30 Aug 2024
Middle East crude prices rebounded Friday as Dubai closed out the month on a firmer footing, while the selloff in gasoline and middle...
29 Aug 2024
Brent crude oil futures rebounded Thursday as nearly half of Libya's output was down amid a political standoff while...
29 Aug 2024
Middle East crude prices were in retreat again Thursday while Dubai also lost ground against Brent heading into the expiry, while gasoline...
28 Aug 2024
Brent crude oil futures slipped for a second straight day amid renewed worries about the global economy and a...
28 Aug 2024
Middle East crude prices rowed back Wednesday as markets struggled to hold early-week gains, and gasoline margins dived to an 11-month...
27 Aug 2024
European oil product refining margins tumbled across the board on Tuesday as oil products failed to track crude prices higher...
27 Aug 2024
Middle East crude prices posted a third consecutive gain Tuesday, a move that ate further into already weak middle distillate...
26 Aug 2024
Middle East crude prices Monday posted a second session of solid gains, a move that left much of the refined products market looking...
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...
23 Aug 2024
Middle East crude prices rebounded Friday amid the broader risk-on sentiment returning to the market, while short-term bullishness in the...
22 Aug 2024
Brent crude oil futures were mostly unchanged for a second straight session after a US oil stock draw provided a floor to this week's...
22 Aug 2024
Middle East crude resumed the month's downward trend Thursday with prices sliding back towards yearly lows, while gasoil prices were...
21 Aug 2024
Crude steadied Wednesday and product cracks rebounded after an across-the-barrel US stock draw helped alleviate...
21 Aug 2024
Middle East crude registered gains for the first time in four sessions Wednesday, while gasoil cracks bounced from 15-month lows....
20 Aug 2024
Crude and product prices resumed their downward slide Tuesday as geopolitical risks fade on Gaza peace talks...
20 Aug 2024
Middle East crude markets continued to slide Tuesday, while gasoil margins continued to come off amid global weakness as they hit a...
19 Aug 2024
Crude prices eased Monday as Gaza ceasefire talks entered their second week amid lingering demand concerns
19 Aug 2024
Middle East crude opened the week lower as markets caught up with the Brent retreat after Asia had closed on Friday, while middle...
16 Aug 2024
Crude prices eased Friday to end the week largely flat as geopolitical risk faded and output was seen higher...