Oil Market Commentaries
1 Sep 2021
Middle East crude oil moved higher Wednesday as November became the new front-month contract, while refined products...
31 Aug 2021
Brent continued to rally in the aftermath of Hurricane Ida, and there was a surge in Eurobob prices...
31 Aug 2021
Middle East crude edged higher Tuesday to post an eight consecutive daily gain, while refined products....
30 Aug 2021
Middle East crude posted slim gains to edge up to the highest level since early August, while refined products/cracks
30 Aug 2021
European prices and commentary suspended for oil and refined products due to a national holiday in the UK.
27 Aug 2021
Low Sulfur Gasoil futures rallied more than Brent as storm Ida threatened oil and gas platforms in the Gulf of Mexico...
27 Aug 2021
Middle East crude posted gains for a seventh consecutive session to close at a three-week high, while refined products...
26 Aug 2021
Oil futures were choppy Thursday to reflect a lack of direction following a sharp recovery...
26 Aug 2021
Middle East crude closed around $0.50/b higher, while refined products
25 Aug 2021
Prices rallied in the European oil complex Wednesday but distillates futures trailed behind crude after US distillate stocks gained slightly...
25 Aug 2021
Middle East crude maintained the week's upwards momentum Wednesday, while refined products cracks were mostly stable on the day...
24 Aug 2021
Brent burst through $70/b again Tuesday after an outage in the Gulf of Mexico added to the bullish momentum...
24 Aug 2021
Middle East crude rallied strongly Tuesday, catching up with the gains in futures markets, while refined products/cracks...
23 Aug 2021
Crude prices corrected higher in Europe Monday, gaining more than 5% from Friday's settle by 1630 London time, while jet and diesel saw the biggest gains in products...
23 Aug 2021
Middle East crude tracked higher Monday as oil prices largely corrected to the upside, while refined products/cracks
20 Aug 2021
Brent bounced off its lows to post a modest gain, but propane prices crashed lower...
20 Aug 2021
Middle East crude prices were little changed on the day Friday following steep falls over the week, while gasoline cracks resumed the...
19 Aug 2021
Oil tumbled Thursday to extend losses into a sixth consecutive session and post 3-month lows...
19 Aug 2021
Middle East crude tumbled by over 4.5% from the previous close, while middle distillate cracks...
18 Aug 2021
Brent dropped after the release of the US weekly oil statistics showed a small build in gasoline stocks and a fall in implied demand...