Oil Market Commentaries

1 Aug 2024
Quantum Commodity Intelligence – Crude held on to recent gains Thursday as Middle East tensions remained in focus...
1 Aug 2024
Middle East crude markets opened the new month sharply higher as rising geopolitical tensions lifted global oil prices, while it was a busy...
31 Jul 2024
Crude rebounded Wednesday after Israel appeared to assassinate the Hamas leader inside Iran, while Ebob gasoline cracks hit a two-month high after another US stock draw...
31 Jul 2024
Middle East crude finally found some support Wednesday on the expiry as rising geopolitical tensions underpinned markets, while jet fuel...
30 Jul 2024
Brent crude oil and ICE gasoil futures fell for a third straight session to touch levels not seen since early June as...
30 Jul 2024
Middle East crude markets extended the sharp July losses Tuesday as the selloff picked up pace into the month end, while the reopening...
29 Jul 2024
Brent crude oil futures neared a three-month low at the start of the week as continued worries about sluggish Chinese demand...
29 Jul 2024
Middle East crude opened the week lower with markets catching up with the Brent retreat after Asian markets had closed on Friday, while...
26 Jul 2024
Brent crude oil and ICE gasoil futures slipped again Friday and were set to close lower for a third straight week amid...
26 Jul 2024
Middle East crude markets closed out the week on a firmer note having tested near-two-month lows midweek, while the recovery in middle...
25 Jul 2024
European oil product refining margins were pressured across the barrel on Thursday as Brent crude oil futures flipped back...
25 Jul 2024
Asia crude markets were steady Thursday, breaking a four-session losing streak, while gasoil margins pushed on to a two-week high as...
24 Jul 2024
Crude snapped a run of heavy losses Wednesday as a sharp across-the-barrel US stock draw lifted sentiment...
24 Jul 2024
Asia crude markets retreated for a fourth straight session as benchmark Dubai sunk to fresh seven-week lows, while products in the middle...
23 Jul 2024
Brent crude futures dropped to fresh six-week lows on Tuesday as oil demand concerns continue to dominate...
23 Jul 2024
Asia crude markets retreated for a third straight session as benchmark Dubai sunk to six-week lows, while gasoline cracks continued to firm...
22 Jul 2024
Crude was sharply lower Monday as concerns over oil demand ramped up, while products received minimal support...
22 Jul 2024
Middle East oil crude markets opened the week lower with markets catching up with the Brent gains after Asia had closed on Friday...
19 Jul 2024
Brent crude fell Friday to close the week at a fresh one-month low as concerns over oil demand continued, while product cracks continue to drop on broad oversupply....
19 Jul 2024
Quantum Commodity Intelligence – Middle East crude eased slightly Friday to end...
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