Oil Market Commentaries

Middle East crude prices Wednesday were sharply lower from the previous assessments Monday, while product cracks....

RBOB gasoline continued to soften in the US, driving prices lower in Europe again...

Asian price assessments and commentary were suspended Tuesday due to a national holiday in Singapore.

Brent slumped to a seven-week low to trade close to $69/b amid a risk-off day in global markets ...

Middle East crude softened Monday following the weekend OPEC+ deal that adds 2 million barrels of crude by the end of the year...

Crude futures close the week under pressure as the market re-evaluates the cohesion of the OPEC+ group, and the impact of the huge US product build last week ...

Middle East crude prices were little changed on the day Friday, while refined products….

Gasoline and naphtha prices dropped, but cracks rose and nearby backwardation widened amid very low stock levels, and the likelihood of US refinery runs falling...

Middle East crude prices tumbled over 3% Thursday, while refined products….

Distillates softened more than Brent as the market reacted to the US weekly inventory report...

Middle East crude prices strengthened for the fourth consecutive day Wednesday as Asian markets settled before the breaking news that...

After dropping earlier in the day on US inflation news, Brent rallied back late afternoon to post gains and lift European prices...

Crude prices continued to firm Tuesday on strong IEA data and the OPEC+ impasse, while refined products...

Brent ended the day lowert than Friday to soften European oil product prices, but cracks for naphtha and gasoline rose again...

Middle East crude prices opened the week firmer, while refined product cracks were little changed...

The European oil complex is doverging between light end strength, middle distillate edging sidewways, and high sulfur fuel oil softening...

Middle East crude prices rebounded strongly Friday with supply/demand fundamentals set to stay tight, while products...

Crude bounced back in afternoon trading, while buoyant distillates shook off a US stock build and product cracks generally improved

Middle East crude prices tumbled sharply for the second successive day, while refined products...

Brent continued to fall fast, with gasoline falling more than crude Wednesday, after LSG fell more Tuesday...