East of Suez Oil Market Commentary
2 Jan 2025
Middle East crude markets opened the New Year higher following on from the strong finish to 2024, while naphtha physical and paper...
31 Dec 2024
Middle East benchmark Dubai extended the solid finish to the year, posting gains for a fourth session, while product margins moved...
30 Dec 2024
Middle East benchmark Dubai maintained its strong finish to the 2025 as Total showed no signs of slowing up in its latest buying spree...
27 Dec 2024
Middle East benchmark Dubai prices strengthened heading into the year end, while interest in physical middle distillate parcels...
24 Dec 2024
Middle East crude prices steadied heading into the holidays as Dubai continued to outpace Brent, while trading in the Singapore refined...
23 Dec 2024
Middle East crude prices opened the final week of the month slightly firmer, while cracks firmed across the barrel...
20 Dec 2024
Dubai cash prices were down by slightly less than $1/b on the week as broader demand concerns offset lower OPEC volumes for Q1...
19 Dec 2024
Middle East crude markets eased Thursday following the broader selloff in oil benchmarks, while gasoil margins continued to firm...
18 Dec 2024
Middle East crude markets steadied Wednesday ahead of the US interest rate decision, while gasoline and middle distillate margins...
17 Dec 2024
Middle East crude markets rowed back Tuesday following the broader risk-off trend, while the bearish pressure piled higher in...
16 Dec 2024
Middle East crude opened the week higher with markets catching up following the Brent gains after Asia had closed on Friday, putting a...
13 Dec 2024
Middle East crude eased slightly on the day but still posted comfortable weekly gains, while gasoline cracks continued to firm to near...
12 Dec 2024
Middle East crude climbed to monthly highs as sentiment pivoted to the upside, while gasoline margins continued to firm amid tighter...
11 Dec 2024
Middle East crude edged higher as Dubai continued to outpace Brent this month, while gasoline cracks continued to push higher...
10 Dec 2024
Middle East crude was little changed for a second session as markets looked for direction, while marine fuel spot prices remained under...
9 Dec 2024
Middle East crude opened the week marginally lower as traders digested the Saudi OSPs, while strong volatility was seen in the products...
6 Dec 2024
East of Suez prices were slightly lower Friday with this week's OPEC+ decision seen as only enough to maintain current prices, a move that put...
5 Dec 2024
East of Suez prices were lower Thursday, tracking the Brent retreat after Asia had closed during the previous session, ***...
4 Dec 2024
East of Suez prices were higher Wednesday as markets caught up with the Brent spike after Asia had closed in Tuesday's session, while the strength was also seen in the...
3 Dec 2024
Middle East crude were little changed Tuesday as prices moved sideways ahead of the OPEC+ meeting, but jet fuel cracks continued to...