West of Suez Oil Commentary

22 Dec 2023
Crude futures recovered some of the previous day's sharp losses in Friday's short trading window to end the week higher...
21 Dec 2023
Crude oil futures tumbled over $1/b after Angola announced it was leaving the OPEC producer group, dragging product...
20 Dec 2023
Front month crude oil futures were poised to close at above $80/b for the first time in three weeks on Wednesday, shrugging...
19 Dec 2023
Crude and product futures were heading towards $80/b on Tuesday with events in the Red Sea dominating sentiment...
18 Dec 2023
Quantum Commodity Intelligence - Crude futures were higher Monday as more shipping companies moved to avoid the Red Sea because of...
15 Dec 2023
Brent crude futures ended the day down slightly but racked up a narrow weekly gain as oil demand sentiment improved, but...
14 Dec 2023
Brent crude futures were given a sharp boost Thursday by an improved outlook for 2024 oil demand...
13 Dec 2023
A bullish US stock report helped lift crude and product prices Wednesday, which came shortly after OPEC...
12 Dec 2023
Crude slumped to a fresh five-month low Tuesday after a soft US inflation reading added to concerns over 2024 demand...
11 Dec 2023
Brent futures dipped on Monday as investors weigh the likelihood of an oil supply surplus next year...
8 Dec 2023
Brent futures were trading higher Friday, but ended the week sharply lower on concerns over next year's
7 Dec 2023
Crude futures and refined products markets moved sideways on the whole Thursday
6 Dec 2023
Brent futures slumped below $75/b on Wednesday for the first time since the end of June as oil demand...
5 Dec 2023
Crude and product futures steadied on Tuesday after both Saudi Arabia and Russia moved to ease concerns...
4 Dec 2023
Crude futures slumped 4% on Monday and with it any remnants of support from last week's OPEC+ cuts...
1 Dec 2023
Crude recovered some lost ground on Friday but ended the week lower as OPEC+ production cuts...
30 Nov 2023
Crude futures slumped in late trade on Thursday with the market seemingly unconvinced by the depth of production...
29 Nov 2023
Crude futures were flat on Wednesday with OPEC+ talks still deadlocked on the eve of an important ministerial meeting...
28 Nov 2023
Crude futures climbed Tuesday on hopes an OPEC+ deal would be reached in time for this week's delayed meeting...
27 Nov 2023
Crude futures fell back towards $80/b on Monday as uncertainty over this week's delayed OPEC+ meeting dragged on...
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