Oil Market Commentaries

20 Dec 2024
Crude eased again Friday with Brent marking its firstly weekly loss in three, as a strong dollar and a subdued outlook for 2025 weighing on sentiment...
20 Dec 2024
Dubai cash prices were down by slightly less than $1/b on the week as broader demand concerns offset lower OPEC volumes for Q1...
19 Dec 2024
Crude and European product prices fell Thursday as the US Federal Reserve dialled back expectations of rate cuts next year...
19 Dec 2024
Middle East crude markets eased Thursday following the broader selloff in oil benchmarks, while gasoil margins continued to firm...
18 Dec 2024
Crude and European product prices clawed back the week's earlier losses helped by lower US crude and distillate stocks...
18 Dec 2024
Middle East crude markets steadied Wednesday ahead of the US interest rate decision, while gasoline and middle distillate margins...
17 Dec 2024
Crude and product prices were lower Tuesday as concerns over Chinese oil demand weighed on the outlook, ahead of an expected US rate cut...
17 Dec 2024
Middle East crude markets rowed back Tuesday following the broader risk-off trend, while the bearish pressure piled higher in...
16 Dec 2024
Crude eased Monday as mixed Chinese data weighed on the outlook, while European product prices also inched lower...
16 Dec 2024
Middle East crude opened the week higher with markets catching up following the Brent gains after Asia had closed on Friday, putting a...
13 Dec 2024
Brent crude futures were higher Friday with US-led sanctions back in focus, to help mark its first weekly gain in three...
13 Dec 2024
Middle East crude eased slightly on the day but still posted comfortable weekly gains, while gasoline cracks continued to firm to near...
12 Dec 2024
Brent struggled to hold on to the week's earlier gains on Thursday as the IEA warned of a looming supply surplus next year...
12 Dec 2024
Middle East crude climbed to monthly highs as sentiment pivoted to the upside, while gasoline margins continued to firm amid tighter...
11 Dec 2024
European crude oil and refined products markets were higher during Wednesday's session, lifted by expectations of dovish economic policy...
11 Dec 2024
Middle East crude edged higher as Dubai continued to outpace Brent this month, while gasoline cracks continued to push higher...
10 Dec 2024
Brent crude oil futures consolidated gains on Tuesday after markets digested the news of Syria's president being overthrown...
10 Dec 2024
Middle East crude was little changed for a second session as markets looked for direction, while marine fuel spot prices remained under...
9 Dec 2024
Crude prices were higher Monday with events in Syria and more economic stimulus in China adding support...
9 Dec 2024
Middle East crude opened the week marginally lower as traders digested the Saudi OSPs, while strong volatility was seen in the products...
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