Oil Market Commentaries

Brent came off highs after Hurricane Nicholas made landfall...

Middle East crude oil markets traded at fresh six-week highs Tuesday, while steep backwardation...

Another storm surge in the Gulf of Mexico drove Brent higher again Monday and pushed Low Sulfur Gasoil futures into backwardation....

Middle East crude oil markets posted fresh six-week highs to start the week, while middle distillate...

Brent was little changed by the European close for the second day in a row...

Middle East crude oil nudged up to register a fresh weekly high Friday, while refined products finished the week...

After a volatile day of wild swings, Brent was almost unchanged day-on-day by the European close, after the market decided the US weekly oil statistics...

Middle East crude oil rallied to weekly highs Thursday as the aftermath of Hurricane Ida impacts Asia...

Brent rallied Wednesday as focus switched to the ongoing delays of starting up of Gulf of Mexico oil and gas production, but the European oil product complex lagged behind...

Middle East crude oil eased back for the first time this week in line with global benchmarks, while distillate and fuel oil cracks...

Brent slipped lower by the close Tuesday amid a stronger dollar, gasoline and distillates fell more than Brent, HSFO rose...

Middle East pushed higher with Brent futures, while fuel oil was the star performer on refined products as cracks rallied...

Brent slipped lower after Saudi Arabia cut OSP selling prices to Asia but was still maintaining some of the Hurricane Ida bounce...

Middle East crude retreated Monday after Saudi Aramco applied sharp cuts to its latest OSPs, while fuel oil cracks continued...

Brent slipped from one-month highs Friday as disappointing US jobs data unwound earlier gains, but Eurobob gasoline rallied...

Middle East crude moved rallied strongly on Friday, catching up with Brent, while refining margins crept higher across...

Brent raced to a one-month high Thursday amid the hurricane season, as the market continued to assess the impact of Ida hitting the US Gulf...

Middle East crude moved eased Thursday largely in line with Brent, while 10ppm diesel was the strongest...

Brent came under pressure in the late afternoon Wednesday after news of a build in US gasoline stocks and...