Oil Market Commentaries

Crude oil markets closed the European trading week on a bearish note after the IEA confirmed an agreement amongst...

Middle East crude prices retreated sharply Friday as news of the US and coordinated IEA stock...

Brent crude futures fell 5% by the 1630 cash market close on Thursday as reports of a record...

Middle East crude prices retreated Thursday with the global sell-off after reports that the US was set for a record...

Crude prices jumped almost $4/b on the day by the time of the physical market cash close...

Middle East crude prices were slightly lower on the day Wednesday following the huge swings in Brent...

Low sulfur gasoil futures fell almost $70/mt in trade on Tuesday as reports from peace talks...

Middle East crude prices eased further Tuesday amid fears of a slowdown in China, while light ends tracked crude south and distillates fell further to one-week lows.

Low sulfur gasoil futures hit a one-week low by the Monday London close, with...

Middle East crude continued to retreat Monday with the Dubai partials market softening ahead of the expiry, while naphtha prices rocketed...

The backwardation in European distillate markets sharply fell at the end of the week as European...

Middle East crude retreated for the first time in a week Friday although Dubai clawed back some ground against...

Brent crude oil futures fell almost $2/b on the day by 1630 London time to $119.56/b...

Middle East crude markets posted further gains Thursday to take the weekly increase to 9%, while...

Diesel barges surged another $70/mt ($9.40/b) on Wednesday, with April futures pegged...

Middle East crude markets maintained the upwards momentum Wednesday, while jet fuel prices rocketed...

Brent crude futures were broadly stable on the day, with April Brent pegged at $114.70/b by...

Middle East crude markets closed higher Tuesday with Asia pricing before the sharp European sell off...

Brent crude futures rallied almost $8/b on the day and was valued at $115.12/b by 1630...

Middle East crude markets maintained the firm upwards momentum gaining around 3% Monday, while...