Oil Market Commentaries
15 Jan 2024
Middle East oil prices opened the week lower with markets catching up with Brent losses after Asian markets had closed on Friday, ***...
12 Jan 2024
Oil markets were on edge Friday after the US and UK responded to Houthi attacks in the Red Sea with military strikes overnight in Yemen
12 Jan 2024
Oil prices surged higher Friday as Asian markets woke up to the news of US-led strikes against Houthi militants, with that move having big...
11 Jan 2024
European diesel and gasoil refiner margins rose for a fourth straight session on Thursday, reaching two-week highs as tensions...
11 Jan 2024
Asian crude prices were slightly lower Thursday as global oil markets were rocked after the huge builds in US refined product inventories...
10 Jan 2024
Brent crude futures were dragged lower Wednesday after the latest EIA data revealed a surprise build...
10 Jan 2024
East-of-Suez crude prices were higher Wednesday as markets continued to recover from early-month weakness, while gasoil cracks firmed for a fifth...
9 Jan 2024
Crude prices and product cracks recovered Tuesday from a sharp sell-off the previous session...
9 Jan 2024
Benchmark Dubai crude prices were lower Tuesday although markets were recovering after the post Saudi-OSP slump, while gasoil margins...
8 Jan 2024
Product cracks were given a boost Monday by a collapse in crude prices, after Saudi Arabia...
8 Jan 2024
Benchmark Dubai crude prices opened the week little changed as markets digested the latest Saudi OSPs, while gasoil cracks have continued to...
5 Jan 2024
Crude futures rebounded on Friday as Middle East tensions returned, helping Brent record a marginal gain
5 Jan 2024
Quantum Commodity Intelligence – Benchmark Dubai crude prices eased back Friday, while gasoline and diesel demand...
4 Jan 2024
Losses on European products outpaced crude on Thursday after the latest US stock report showed a steep decline...
4 Jan 2024
Benchmark Dubai crude prices surged 3.5% Thursday, comfortably recovering the previous session's losses, while gasoline cracks continued...
3 Jan 2024
Brent crude oil futures surged nearly 3% on Wednesday as protests in Libya shut in its largest oil field, with broader...
3 Jan 2024
Benchmark Dubai crude prices tumbled more than 3.5% Wednesday to match the selloff in Brent futures over the previous 24 hours, while...
2 Jan 2024
Crude oil prices were on course for a loss in the first trading session of the new year, with the market giving back gains seen earlier in...
2 Jan 2024
Quantum Commodity Intelligence – Asia crude prices started the new year on a positive note Tuesday with ongoing tensions around the Red Sea underpinning sentiment, which...
29 Dec 2023
Crude prices tracked sideways and distillates were under pressure in a shortened trading day in Europe at the end of the year, with the market...