West of Suez Oil Commentary
13 Aug 2024
Brent crude oil futures slid $1/b in Tuesday afternoon trade, snapping a five-day winning streak amid a reduced risk of...
12 Aug 2024
Crude rallied for the fifth straight day on Monday, shaking off any recessionary...
9 Aug 2024
Brent crude futures ended Friday higher to mark sharp gains on the week as financial markets recovered from its recent sell-off...
8 Aug 2024
Crude held onto recent gains Thursday, returning to levels prior to the global financial volatility late last week...
7 Aug 2024
Crude prices rebounded Wednesday, helped by a surprise US stock draw and stabilisation in financial markets,
6 Aug 2024
Crude and product prices were little moved Tuesday as an early recovery stalled, having sold off sharply...
5 Aug 2024
Crude dropped to fresh multi-month lows Monday, adding to steep losses at the back end of last week on concerns...
2 Aug 2024
Crude prices collapsed Friday to end the week at fresh two-month lows as disappointing US data sparked fears over the state of the world's largest economy, added to a fading...
1 Aug 2024
Quantum Commodity Intelligence – Crude held on to recent gains Thursday as Middle East tensions remained in focus...
31 Jul 2024
Crude rebounded Wednesday after Israel appeared to assassinate the Hamas leader inside Iran, while Ebob gasoline cracks hit a two-month high after another US stock draw...
30 Jul 2024
Brent crude oil and ICE gasoil futures fell for a third straight session to touch levels not seen since early June as...
29 Jul 2024
Brent crude oil futures neared a three-month low at the start of the week as continued worries about sluggish Chinese demand...
26 Jul 2024
Brent crude oil and ICE gasoil futures slipped again Friday and were set to close lower for a third straight week amid...
25 Jul 2024
European oil product refining margins were pressured across the barrel on Thursday as Brent crude oil futures flipped back...
24 Jul 2024
Crude snapped a run of heavy losses Wednesday as a sharp across-the-barrel US stock draw lifted sentiment...
23 Jul 2024
Brent crude futures dropped to fresh six-week lows on Tuesday as oil demand concerns continue to dominate...
22 Jul 2024
Crude was sharply lower Monday as concerns over oil demand ramped up, while products received minimal support...
19 Jul 2024
Brent crude fell Friday to close the week at a fresh one-month low as concerns over oil demand continued, while product cracks continue to drop on broad oversupply....
18 Jul 2024
Crude futures inched slightly higher on the day Thursday as a weak dollar helped offset concerns over oil demand....
17 Jul 2024
Crude futures were higher Wednesday after another sharp US stock draw, while builds in both diesel and gasoline...