East of Suez Oil Market Commentary
12 Jul 2024
East of Suez crude prices edged higher Friday to consolidate gains seen at the backend of the week, while a wave of buying interest...
11 Jul 2024
Asia crude rebounded from two-week lows Thursday following the broader oil price recovery, while the recent selloff in distillate cracks...
10 Jul 2024
East of Suez crude prices extended the early-week losses Wednesday and slumped to two-week lows, a move that bolstered residual fuel margins...
9 Jul 2024
East of Suez crude prices extended the early week losses Tuesday, while the slide in middle distillate margins continued and left cracks at a...
8 Jul 2024
Benchmark Dubai opened the week lower and eased back from 10-week highs, while middle distillate margins continued to ease despite...
5 Jul 2024
Benchmark Dubai posted fresh 10-week highs Friday to round off a month of solid gains, a move that weighed on gasoline cracks as they...
4 Jul 2024
Middle East oil crude markets were marginally higher Thursday with benchmarks tracking sideways, while in the products market...
3 Jul 2024
Middle East oil crude markets were slightly lower with markets catching up with the Brent retreat, while the jet fuel east-west touched its...
2 Jul 2024
Middle East crude prices extended the strong upwards trend in place since early June, while strength in the distillate market persisted...
1 Jul 2024
Middle East crude markets opened the new month higher as Dubai consolidated at the top end of the two-month trading range, while middle...
28 Jun 2024
Benchmark Dubai closed out June at fresh two-month highs on broader risk-on sentiment, a move that dragged refined product flat prices...
27 Jun 2024
East of Suez crude prices Thursday edged higher as the monthly trading cycle heads into expiry, while gasoil margins firmed to their highest...
26 Jun 2024
East of Suez crude prices Wednesday were lower, tracking the Brent losses in the previous 24 hours, a move that was enough to push middle...
25 Jun 2024
Middle East oil crude markets were higher as benchmark Dubai moved above $85/b for the first time since late May, while distillate margins...
24 Jun 2024
Middle East oil crude markets opened the week marginally lower as priced eased back from Friday's monthly highs, while contango...
21 Jun 2024
Benchmark Dubai posted fresh seven-week highs Friday, following the broader oil momentum, while repeated strikes on Russia refining...
20 Jun 2024
Benchmark Dubai posted fresh seven-week highs on Thursday following the broader oil momentum, with gasoil margins firming to a fresh...
19 Jun 2024
East of Suez crude prices maintained the solid upward trend Wednesday but benchmark Dubai continued to struggle in relation to Brent...
18 Jun 2024
East of Suez crude markets opened the shortened trading week higher, while jet fuel east-west price arb reached the widest...
17 Jun 2024
Asia commentary and pricing are suspended Monday due to the Singapore holiday...