West of Suez Oil Commentary
6 Nov 2024
Benchmark crude oil futures traded slightly lower Wednesday as the market anticipated policy under the new Trump regime to favour...
5 Nov 2024
Benchmark crude oil futures climbed higher Tuesday as easing oversupply concerns met expectations of escalating conflict in the Middle...
4 Nov 2024
Benchmark crude oil futures rose on Monday following the weekend's announcement that OPEC+ would delay planned production hikes further...
1 Nov 2024
Benchmark crude oil futures edged higher Friday as the market braced for further escalation in the Middle East conflict, while LSGO cracks climbed to...
31 Oct 2024
Benchmark crude oil futures climbed further Thursday as oversupply concerns faded on the prospect of additional stimulus measures being...
30 Oct 2024
Benchmark crude oil futures edged higher Wednesday as falling inventories in the US coincided with reports that OPEC+ would delay...
29 Oct 2024
Benchmark crude oil futures traced lower Tuesday as macroeconomic frailty combined with oversupply concerns to weigh on prices, with...
28 Oct 2024
Benchmark crude oil futures slumped more than 5% Monday as Israel's retaliatory strikes evaded Iran's critical oil infrastructure, while LSGO hit...
25 Oct 2024
Crude and products edged higher Friday as supply concerns returned with escalating Middle East conflict, while LSGO futures firmed to fresh...
24 Oct 2024
Benchmark crude futures sunk lower Thursday as easing supply concerns compounded with persisting macroeconomic weakness, while LSGO...
23 Oct 2024
Benchmark crude oil and products retraced gains made earlier this week as EIA data showed a large build in US crude inventories, while the market...
22 Oct 2024
Benchmark crude oil prices rose 3% Tuesday on escalating tensions in the Middle East, while diesel cracks rebounded from recent lows...
21 Oct 2024
Benchmark crude oil prices rebounded Monday as escalations in the Middle East conflict compounded with expectations of imminent Israeli retaliation...
18 Oct 2024
Quantum Commodity Intelligence – Benchmark crude oil futures fell 8% over the week on Friday to marking their largest seven-day decline in over...
17 Oct 2024
Benchmark crude oil futures remained stable Thursday as the market awaited further developments in the Middle East conflict, while fading...
16 Oct 2024
Benchmark crude oil futures were little moved Wednesday, with fears of an escalation in conflict in the Middle East fading as supply disruption in Iran...
15 Oct 2024
Benchmark crude oil futures continued their descent Tuesday, cascading on reports that Iranian oil infrastructure would remain unscathed...
14 Oct 2024
Quantum Commodity Intelligence – Benchmark crude oil futures retreated from recent highs Monday, unravelling the gains made towards the...
11 Oct 2024
Quantum Commodity Intelligence – Crude and products edged higher Friday as the market primed itself for an imminent escalation in conflict...
10 Oct 2024
Quantum Commodity Intelligence – Crude and products reversed yesterday's losses as US attempts to divert Israeli attacks away from...