Oil Market Commentaries

15 May 2023
ICE Brent crude oil and LSGO futures rebounded at the start of the week as tight energy supplies were...
15 May 2023
Asia crude oil markets started the week little changed Monday, but downward pressure on the naphtha market...
12 May 2023
Crude dipped Friday and ended the week flat as concerns over oil demand in a slowing global...
12 May 2023
Asian crude prices were sharply lower Friday with market structure also coming under downwards...
11 May 2023
Brent crude oil futures slid for a second straight session by the Thursday London cash close amid renewed...
11 May 2023
Asia crude prices nudged higher Thursday with markets underpinned by this week's rebound...
10 May 2023
Brent crude futures pared gains from positive US inflation data on a surprise crude stockbuild...
10 May 2023
Middle East crude prices were little changed Wednesday with markets largely consolidating the week's gains, while refined products were...
9 May 2023
Crude oil prices continued to see big day-to-day swings at the start of another shortened European trading week as...
9 May 2023
Middle East crude prices eased back slightly Tuesday amid uncertainty over flat-price direction, while demand...
8 May 2023
Middle East crude prices rebounded strongly Monday, catching up with the firm Brent gains since the pre-weekend Asia...
5 May 2023
Refiner margins for low sulphur gasoil futures rose for a third straight session by the Friday London...
5 May 2023
Middle East crude prices steadied Friday although were still hovering around six-week lows after a third consecutive...
4 May 2023
Crude oil futures gained some ground for the first time this week at the Thursday cash close after the Fed...
4 May 2023
Middle East crude prices stumbled to fresh six-week lows although were seen stabilising Thursday, bringing hope...
3 May 2023
Front month crude oil futures fell to the lowest level in 17 months at the cash market close...
3 May 2023
Middle East crude tumbled around $5/b Wednesday, catching up with losses on western benchmarks...
2 May 2023
Crude oil futures hit a six-week low by the cash market close on Tuesday amid poor Chinese economic...
2 May 2023
Middle East crude opened little changed as markets moved sideways ahead of the US rate decision due this week...
28 Apr 2023
Crude rebounded into the weekend on optimism over the rescue of embattled US bank First Republic and upbeat...
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