East of Suez Oil Market Commentary

24 Nov 2023
Asian crude oil markets closed slightly higher Friday to cement slim weekly gains, while the regrade continued to widen further into...
23 Nov 2023
Asian crude oil markets closed lower Thursday after a hectic 24 hours led to wild swings after OPEC+ delayed this weekend's planned...
22 Nov 2023
Benchmark Dubai crude moved higher for a third session Wednesday on growing expectations that OPEC+ will further trim output, while the rally...
21 Nov 2023
Benchmark Dubai crude moved higher for a second session Tuesday while outpacing Brent again, a move that was enough to eat into...
20 Nov 2023
Asian crude oil markets rebounded strongly at the start of the week from the four-month lows set in the previous session, a move that ate into...
17 Nov 2023
Asian crude oil markets retreated for a fourth consecutive session Friday as benchmark Dubai slumped below $80/b for the first time in...
16 Nov 2023
Asian oil markets were in retreat Thursday as the steep build in US crude stocks sent ripples across the market, a move that...
15 Nov 2023
Asian crude prices were little changed Wednesday as markets struggled to find clear direction so far this week, a move that left gasoil margins back...
14 Nov 2023
Crude prices opened the shortened week on a firmer note Tuesday and was playing catchup with Brent after the long Singapore weekend, a...
13 Nov 2023
Pricing and market commentary for Asia are suspended Monday, 13 November, for the Singapore holiday...
10 Nov 2023
Crude prices in Asia posted a first gain of the week in Friday's early close ahead of a long Singapore weekend, although gasoil cracks...
9 Nov 2023
Asian crude prices Thursday extended the week's sharp declines heading into Friday's early close and long Singapore weekend, a move that...
8 Nov 2023
Asian crude prices Wednesday were sharply as prices slumped to more than three-month lows, while gasoil cracks...
7 Nov 2023
Asian crude prices Tuesday were lower as the sluggish start to the week extended to a second session on demand slowdown fears, a move...
6 Nov 2023
Asian crude prices Monday were lower as East-of-Suez markets played catch up with Friday's late Brent losses, while...
3 Nov 2023
Asian crude prices Friday were higher after global benchmarks staged a macro-led rally at the back end of the week, although that was not enough...
2 Nov 2023
Asian crude prices Thursday edged higher, while cracks for refined products improved across the barrel...
1 Nov 2023
Asian crude prices Wednesday opened the new month lower with benchmark Dubai now back to levels prior to the 7 October Hamas attack...
31 Oct 2023
Asian crude prices were sharply lower Tuesday with Dec23 Dubai registering a weak performance on expiry day, while gasoil cracks were able...
30 Oct 2023
Asian crude prices Monday were slightly higher as Dubai staged something of a recovery after coming under pressure in...
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