Oil Market Commentaries

9 Apr 2024
European diesel and gasoil refiner margins eased for a second straight day, falling back to their lowest level so far this year...
9 Apr 2024
Middle East crude oil prices resumed the upward trend Tuesday amid faltering ceasefire talks on the Gaza conflict...
8 Apr 2024
European gasoil and diesel refining margins eased at the start of the week after touching three-week highs at the end of last week...
8 Apr 2024
Middle East oil prices opened the week lower amid ceasefire talks on the Gaza conflict, while marine fuel remained under downwards pressure after...
5 Apr 2024
Quantum Commodity Intelligence – Brent crude notched up another weekly gain with prices through $90/b Friday for the first time since last October...
5 Apr 2024
Middle East benchmark Dubai crude surged past $90/b Friday for the first time since October, while gasoline margins remained under downward...
4 Apr 2024
Crude futures were slightly lower Thursday but remained close to recent highs above $89/b as the market weighed...
4 Apr 2024
Middle East benchmark crude posted gains for a fifth session Thursday as Dubai posted fresh five-month highs, while gasoline cracks slipped.
3 Apr 2024
Crude futures were threatening to break through $90/b Wednesday with OPEC+ supply back in focus...
3 Apr 2024
Middle East benchmark crude posted gains for a fourth session Wednesday as Dubai again outpaced Brent, while gasoil markets caught...
2 Apr 2024
ICE gasoil futures jumped to a two-week high after the long UK bank holiday on heightened geopolitical tensions in the Middle East...
2 Apr 2024
East-of-Suez oil markets surged to fresh five-month highs Tuesday as Dubai continued to outpace Brent...
1 Apr 2024
East of Suez oil markets started the new quarter on a firm footing as crude posted fresh five-month highs, while the slide in gasoil cracks was...
28 Mar 2024
Crude futures were testing fresh highs at the end of a short trading week Thursday...
28 Mar 2024
Quantum Commodity Intelligence –East of Suez oil markets ended the month on a high note Thursday as the March trading cycle wound...
27 Mar 2024
Crude futures fell Wednesday with US stocks climbing for a second week, while diesel cracks steadied...
27 Mar 2024
East of Suez oil markets eased back slightly Wednesday as the March trading cycle wound down ahead of the long weekend, while jet...
26 Mar 2024
Crude futures were broadly flat Tuesday, holding near recent highs, as the market continued...
26 Mar 2024
East of Suez oil crude markets resumed the March uptrend as prices consolidated near five-month highs, while gasoil cracks continued to fall to...
25 Mar 2024
Crude prices were back testing recent highs Monday on reports Russia has been forced to reign in oil production...
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