East of Suez Oil Market Commentary

31 Mar 2025
Asia commentary and pricing are suspended Monday for the Eid-al-Fitr and Hari Raya Puasa holidays in Singapore. A normal...
28 Mar 2025
Dubai crude spiked to fresh monthly highs Friday after a solid week, while refined product prices showed little initial reaction to news of...
27 Mar 2025
Dubai crude pushed up to fresh monthly highs Thursday, broadly following the global trend, while a large build in Singapore fuel oil stocks...
26 Mar 2025
Middle East crude markets were steady Wednesday, consolidating at monthly highs, while distillate cracks bounced to a two-week high...
25 Mar 2025
Middle East crude markets posted comfortable gains Tuesday after a US threat to clampdown on Venezuelan exports, while marine fuel...
24 Mar 2025
Middle East crude markets opened the week marginally lower, while the front of the 10ppm gasoil forward curve slipped to the flattest...
21 Mar 2025
Middle East crude extended the week's steady upwards trend to end on a high, while HSFO markets continued to steady as cargo...
20 Mar 2025
Middle East crude resumed the upward trend Thursday after faltering in the previous session, while distillate margins were firmer for...
19 Mar 2025
Middle East crude prices eased back Wednesday amid the broader crude selloff, a move that helped the distillates market manage to...
18 Mar 2025
Middle East crude prices posted two-week highs amid heightened geopolitical tensions, while the selloff in the Asian distillates market...
17 Mar 2025
Middle East crude prices opened the week higher amid a spike in regional tensions, while marine fuel prices continued to come off further...
14 Mar 2025
Middle East crude prices eased back to leave benchmark Dubai little changed on the week, while the selloff in middle distillate margins....
13 Mar 2025
Middle East crude prices climbed higher Thursday playing catch-up with Brent, while in the products market distillate margins continued to slide...
12 Mar 2025
Middle East crude prices were little changed Wednesday, while the gasoil crack slipped to its weakest against Brent since December...
11 Mar 2025
Middle East crude rowed back Tuesday to leave prices just above multi-year lows, while gasoil cracks continued to slide as peak winter...
10 Mar 2025
Middle East crude prices continued to pull away from recent multi-year lows although trading activity remains cautious, while there...
7 Mar 2025
Dubai crude bounced off three-year lows Friday but the Middle East marker was still heading for heavy weekly losses, while the selloff in...
6 Mar 2025
Dubai slumped to fresh three-year lows as the Middle East market played catch-up with Brent, while the selloff in marine fuel showed no...
5 Mar 2025
Middle East benchmark Dubai crude rebounded Wednesday, moving back above Brent, while margins for residual fuels continued to slump...
4 Mar 2025
Middle East benchmark Dubai crude slumped to two-year lows Tuesday after OPEC+ confirmed it would proceed with output hikes, while...
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