Oil Market Commentaries

13 Jun 2023
Brent crude oil futures rallied for the first time in the past four sessions as US inflation eased to its...
13 Jun 2023
Middle East crude markets were slightly lower Tuesday, consolidating close to monthly lows...
12 Jun 2023
Brent crude futures were sharply lower Monday as concerns over the state of the global...
12 Jun 2023
Middle East crude markets opened the week sharply lower, caching up with Brent losses from...
9 Jun 2023
ICE Brent crude ended the day little changed after clawing back steep losses on earlier...
9 Jun 2023
Middle East crude prices eased slightly Friday, as the Dubai benchmark consolidated in the mid-$70s/b, while diesel cracks maintained...
8 Jun 2023
Crude was down about $1/b on the day by the European cash market close on Thursday, having...
8 Jun 2023
Middle East crude prices Thursday edged higher, as Asian markets consolidated the post-OPEC+ gains...
7 Jun 2023
Brent futures were higher Wednesday after another decline in US crude stocks on higher...
7 Jun 2023
Dubai crude values Wednesday were slightly higher as oil prices recovered from the post-OPEC+ lows...
6 Jun 2023
Crude gave back most of the previous session's gains on Tuesday as support from the weekend's...
6 Jun 2023
Middle East crude prices Tuesday were lower as the post-OPEC+ rally petered out while...
5 Jun 2023
Oil markets rallied Monday after Saudi Arabia announced a unilateral 1 million bpd...
5 Jun 2023
Middle East crude markets Monday rebounded strongly after Saudi Arabia cut 1 million bpd from July output, while...
2 Jun 2023
Brent crude oil and LSGO futures rallied for a second straight day after the US Congress passed...
1 Jun 2023
Brent futures shrugged off another sharp build in US crude stocks Thursday to post its first...
1 Jun 2023
Middle East crude markets Thursday extended the week's losses, while naphtha was under pressure after data from China...
31 May 2023
Crude was in retreat Wednesday, as disappointing China data and a strong dollar...
31 May 2023
Middle East crude markets Wednesday continued the week's sharp downturn, while slow regional demand left...
30 May 2023
Energy markets were rattled by uncertainty on whether the US debt-ceiling deal made this weekend will make...
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