Oil Market Commentaries
13 Dec 2023
A bullish US stock report helped lift crude and product prices Wednesday, which came shortly after OPEC...
13 Dec 2023
Asian crude prices took a massive nosedive Wednesday slumping to fresh five-month lows as the relentless selloff continued, pulling...
12 Dec 2023
Crude slumped to a fresh five-month low Tuesday after a soft US inflation reading added to concerns over 2024 demand...
12 Dec 2023
The brief rebound in Asian crude prices came to a halt Tuesday but of more concern for producers will be the crunch in market structure, a...
11 Dec 2023
Brent futures dipped on Monday as investors weigh the likelihood of an oil supply surplus next year...
11 Dec 2023
Asian crude values increased for a second session as East-of-Suez markets continued to pull away from recent five-month lows Monday, while demand from...
8 Dec 2023
Brent futures were trading higher Friday, but ended the week sharply lower on concerns over next year's
8 Dec 2023
Asian crude prices edged up from the previous session's five-month lows on Friday, while...
7 Dec 2023
Crude futures and refined products markets moved sideways on the whole Thursday
7 Dec 2023
Asian crude prices slumped to five-month lows Thursday as a week-long relentless selloff continued, a move that has dragged products...
6 Dec 2023
Brent futures slumped below $75/b on Wednesday for the first time since the end of June as oil demand...
6 Dec 2023
Asian crude prices Wednesday resumed the downward slide after a brief respite in the previous session, with the move leaving...
5 Dec 2023
Crude and product futures steadied on Tuesday after both Saudi Arabia and Russia moved to ease concerns...
5 Dec 2023
Asian crude prices Tuesday steadied after slumping more than $6/b in the wake of the OPEC+ meeting, while...
4 Dec 2023
Crude futures slumped 4% on Monday and with it any remnants of support from last week's OPEC+ cuts...
4 Dec 2023
Asian crude prices Monday were sharply lower as global oil markets continued to tumble following the OPEC+ meeting, with the price drop...
1 Dec 2023
Crude recovered some lost ground on Friday but ended the week lower as OPEC+ production cuts...
1 Dec 2023
Asian crude prices Friday were sharply lower after global oil markets slumped following the OPEC+ meeting, while the start of a new month...
30 Nov 2023
Crude futures slumped in late trade on Thursday with the market seemingly unconvinced by the depth of production...
30 Nov 2023
Asian crude prices Thursday were sharply up as prices raced to a three-week high ahead of the OPEC+ meeting, while the drop in marine fuel...