Oil Market Commentaries
26 Feb 2024
Middle East oil prices opened the week lower with markets catching up with Brent losses after Asian markets had closed on Monday...
23 Feb 2024
Crude fell Friday to pull Brent futures into a narrow loss for the week, while diesel cracks...
23 Feb 2024
East of Suez crude markets eased slightly Friday but ended the week little changed, with that move helping to support distillate refining margins...
22 Feb 2024
Brent futures were back testing recent highs on Thursday as the latest US stock report showed a smaller-than-expected...
22 Feb 2024
East of Suez crude markets resumed the firm monthly trend Thursday with prices close to February highs, while gasoil cracks fell to fresh...
21 Feb 2024
rent crude futures inched higher on Wednesday as Middle East tensions rumbled on...
21 Feb 2024
Asian crude prices eased back from monthly highs Wednesday but East of Suez markets were seen as relatively upbeat, while the products...
20 Feb 2024
Brent crude futures were lower Tuesday as economic concerns weighed against geopolitical risk
20 Feb 2024
Quantum Commodity Intelligence –...
19 Feb 2024
Brent futures edged higher Monday as the market weighed geopolitical risk with economic headwinds..
19 Feb 2024
East of Suez crude edged higher Monday as benchmark Dubai neared monthly highs, with oil product margins generally under downward...
16 Feb 2024
Quantum Commodity Intelligence – Brent crude futures inched higher Friday to a new three-month high by the London cash close as Middle East...
16 Feb 2024
Dubai crude rebounded Friday to catch up with Brent losses after Asian markets had closed on Friday, while gasoil cracks continued to pull...
15 Feb 2024
Crude futures edged higher Thursday as the IEA hiked its supply forecast for 2024 but kept demand relatively flat...
15 Feb 2024
Middle East oil prices dropped for the first time in more than a week after the...
14 Feb 2024
Brent crude futures fell Wednesday for the first time in more than a week as attention turned back to US supply...
14 Feb 2024
East of Suez oil prices were higher once again, rallying for a sixth consecutive session Wednesday as the upward trend remained firmly intact...
13 Feb 2024
Brent crude futures were testing recent highs Tuesday after OPEC maintained its robust oil demand outlook...
13 Feb 2024
Middle East oil prices were higher for a fifth session Tuesday as Singapore traders returned from the extended holiday weekend, while the...
12 Feb 2024
Gasoil and diesel refining margins eased at the start of the week, while backwardation down the curve ticked lower as Brent...