Oil Market Commentaries

27 Jun 2025
Crude and refined oil products ended the week lower as the risk premium started to fade, while accelerating gasoline exports from the Dangote...
27 Jun 2025
East of Suez crude prices were slightly higher Friday but registered heavy losses over the week, while the eastward arbitrage opportunity for...
26 Jun 2025
Benchmark crude oil futures witnessed a sharp rally toward the close on Thursday as deteriorating relations between US President...
26 Jun 2025
Middle East crude markets were finally finding some support after the week's steep declines, while high sulfur fuel oil cracks...
25 Jun 2025
Benchmark crude oil futures were little moved on Wednesday as a tenuous ceasefire between Israel and Iran kept markets on edge, while...
25 Jun 2025
Middle East crude markets extended the week's downward trajectory on Wednesday, while the firm forward structure in the gasoline curve...
24 Jun 2025
Benchmark crude oil futures unravelled recent gains on Tuesday on an albeit tenuous ceasefire agreement between Israel and Iran...
24 Jun 2025
East of Suez crude markets were sent crashing Tuesday after what was seen as a muted retaliation from Iran, while distillate...
23 Jun 2025
Benchmark crude oil futures opened the week in decline as vessels continued to sail through the Strait of Hormuz, alleviating the pressure...
23 Jun 2025
Dubai crude opened the week lower with US airstrikes on Iran yet to rattle markets, while east-west arbs in the products market showed...

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