Oil Market Commentaries

Middle East crude oil prices rallied for the third consecutive day, while diesel cracks hit a three-week...

Low sulfur gasoil futures prices and cracks firmed and backwardation widened in the nearby curve...

Middle East crude oil prices edged higher Tuesday, holding on to the previous-day's steep gains...

Brent clung to gains throughout Monday after Saudi Arabia released a steep hike in...

Middle East crude oil prices rebounded by around 3% Monday, while gasoline cracks fell for sixth day...

Distillate cracks jumped for the second day in a row, gasoline cracks softened, and Brent...

Middle East crude oil prices were sharply lower Friday, catching up with international markets...

Brent slipped lower again by the late afternoon marker, retreating from highs near $84.50/b amid a stronger dollar index...

Middle East crude oil prices eased off Wednesday as the Dubai market structure retreated from...

Brent tumbled Wednesday after a bearish US weekly oil report despite the EIA reporting another draw in gasoline stocks...

Gasoline cracks maintained most of Monday's gain when it reached a year high, although nearby backwardation narrowed sharply in the afternoon...

Middle East crude oil prices maintained the upwards trend as the market structure firmed again Tuesday...

Gasoline prices and cracks jumped higher Monday and already wide backwardation between spot and front-month paper rose, overshadowing...

Middle East crude opened the week on a positive note Monday as Dubai backwardation surged...

Brent was ticking higher late afternoon compared to Thursday, despite another plunge in natural gas prices...

Middle East crude ended the week in a positive with price up for the first time since Monday, while gasoil and gasoline cracks...

Brent slid Thursday after gas prices retreated following Putin's televised meeting with Gazprom...

Middle East crude retreated Thursday for a third consecutive day with benchmark Dubai down nearly 2%, while...

Brent prices slid lower after the EIA report showed US crude stocks built 4.3 million barrels last week...