Oil Market Commentaries

11 Mar 2024
Quantum Commodity Intelligence – Middle East oil prices opened the week lower with markets catching up with Brent losses after Asian markets had...
8 Mar 2024
Quantum Commodity Intelligence - Crude prices fell Friday and Brent futures ended the week lower than before OPEC+ decided to extend...
8 Mar 2024
Middle East oil prices finished the week on a firm footing as benchmark Dubai printed a 2024 high...
7 Mar 2024
Quantum Commodity Intelligence – Brent crude futures dipped on Thursday as investors weighed strong Chinese demand at the start of the year...
7 Mar 2024
Middle East oil prices edged higher Thursday for a second session as Dubai consolidated close to 2024 highs, while high sulfur fuel oil margins...
6 Mar 2024
Crude futures were back testing $84/b on Wednesday on a modest build in US crude inventories and a slowdown...
6 Mar 2024
Middle East oil prices edged higher Wednesday as markets steadied following early-week losses, while gasoil margins continued to slide...
5 Mar 2024
Quantum Commodity Intelligence – Brent crude futures eased on Tuesday and dragged most European product prices lower...
5 Mar 2024
Middle East oil prices retreated Tuesday with the bounce from the extended OPEC+ cuts proving short-lived, while gasoline cargoes were bid...
4 Mar 2024
Quantum Commodity Intelligence – Brent futures started the week lower as traders reacted to a largely expected and priced-in OPEC+ output cut extension...
4 Mar 2024
Middle East oil prices opened the week higher with Dubai catching up with Brent gains after Asian markets had closed on Monday, while...
1 Mar 2024
Quantum Commodity Intelligence – Brent crude futures closed above $84/b on Friday for the first time in nearly four months as positive economic data...
1 Mar 2024
Middle East crude prices started the new month slightly higher while premiums for spot barrels were also seen firmer, while gasoline cargoes...
29 Feb 2024
Quantum Commodity Intelligence – Brent crude futures were higher Thursday as prompt timespreads jumped towards expiry on expectations of tight supply...
29 Feb 2024
Dubai crude prices were slightly lower Thursday as the Middle East benchmark posted a lively expiry, while jet fuel cracks slipped to a nine...
28 Feb 2024
Brent crude ended Wednesday broadly unchanged, recovering from a dip in early trade on a smaller-than-expected...
28 Feb 2024
Dubai crude prices were slightly lower Wednesday as the Middle East benchmark headed for a sluggish expiry, while gasoil margins slipped...
27 Feb 2024
Brent crude oil futures were back on the rise Tuesday, climbing over $83/b for the first time in a week, amid uncertainty over...
26 Feb 2024
ICE gasoil futures rebounded at the start of the week on reports of a slowdown in US diesel exports to Europe, while Brent...
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