Oil Market Commentaries

Middle East crude prices retreated for the first time in a week as the rally paused Wednesday...

Brent eased lower Tuesday afternoon amid choppy trade after the IMF trimmed its global growth forecast...

Middle East crude prices largely  maintained the upwards momentum Tuesday, while refined product...

Distillates continued to drive the European oil complex Monday, rallying far more than Brent...

Middle East crude prices ramped up to fresh three-year highs Monday, while firmer distillate and light-ends cracks underpinned...

Brent was rallying by the European close Friday amid another volatile day, but there were even sharper gains for gasoline and distillates...

Middle East crude prices surged near 5% Friday, more than erasing the previous day's losses, while...

Brent was highly volatile Thursday, crashing to a low of $79.08/b amid exuberance about Putin's promise to pump more gas into Europe...

Middle East crude oil tumbled by around 4% Thursday as Asia played catch-up with 24hrs of...

Brent tumbled after Putin promised to boost natural gas supplies from Russia, overshadowing reactions from the weekly US oil statistics...

Worthy of note is that the regrade has widened, indicating it is European demand for diesel that remains the driver behind the Asian jet complex amid eye-wateringly high gas prices...

Low Sulfur Gasoil futures surged higher Tuesday, outstripping gains in Brent which itself rallied past $83/b...

Middle East crude prices surged to fresh three-year highs Tuesday following the OPEC+ decision...

Brent crude futures pushed towards 3-year highs for the Monday, after OPEC ignored calls for more supply amid a surge in global...

Middle East crude strengthened Monday ahead of the OPEC+ meeting later in the day, while...

The new front month Brent was unchanged by the late afternoon marker, but propane prices spiked again...

Middle East crude eased slightly on the first day of the new month ahead of Monday's OPEC+...

Brent was highly volatile Thursday, crashing lower amid year high dollar index values and then rebounding on news of a Chinese energy buying spree...

Middle East crude edged higher Thursday as focus switch to OPEC and the Q4 demand...

Brent recovered from an overnight tumble, boosted by a bullish US weekly oil inventory report that sent spot gasoline prices soaring higher...