West of Suez Oil Commentary
3 Aug 2023
Crude bounced back on Thursday after the world's largest oil exporters announced they would extend...
2 Aug 2023
Crude oil futures slumped on Wednesday despite the EIA reporting a record draw in US crude oil inventories, with...
1 Aug 2023
Crude futures slipped on Tuesday on signs of profit-taking after a very strong July, but there was no let...
31 Jul 2023
Brent crude futures raced above $85/b on Monday as on a growing supply deficit seen through the rest of the year...
28 Jul 2023
Crude closed narrowly above $84/b Friday for the first time since mid-April, as oil markets face up...
27 Jul 2023
Crude futures inched higher on Thursday as oil markets shrugged off widely-expected rate...
26 Jul 2023
Brent crude futures notched up a fresh three-month high on Wednesday as the latest US...
25 Jul 2023
Gasoil and gasoline market eased from their four-month peaks in slow Tuesday trading even as Brent...
24 Jul 2023
ICE low sulfur gasoil futures broke through the $800/mt level for the first time in nearly half a year with...
21 Jul 2023
Crude futures recouped most of the previous day's losses to end the week narrowly higher...
20 Jul 2023
Brent crude dipped back below $80/b on Thursday on expectations US interest rates will stay...
19 Jul 2023
Brent crude oil futures were treading water around the $80/b mark on Wednesday as EIA data came in with a...
18 Jul 2023
Crude futures edged higher on Tuesday on hopes of a China-led stimulus and the likelihood of lower US...
17 Jul 2023
The restart of two oilfields in Libya and disappointing economic data from China pressured crude...
14 Jul 2023
Crude narrowly held on to recent gains to end the day above $80/b...
13 Jul 2023
Crude oil futures remained north of $80/b on Thursday as the market continued to digest news of calming US inflation...
12 Jul 2023
Crude recovered further ground on Wednesday despite a bearish set of EIA figures, with easing US inflation signals...
11 Jul 2023
Front month Brent crude futures ended the day at the cash market close at a 10-week high...
10 Jul 2023
Crude and oil products shrugged off disappointing economic data from the US and China...
7 Jul 2023
Crude continued to push higher at the end of the week, touching a one-month high during Friday's session as the...