Oil Market Commentaries

Crude and European product prices were higher Friday with sanctions and geopolitical risk back on the agenda...

East of Suez oil markets rowed back, leaving crude posting just modest weekly gains, and 0.5% sulfur MFO cracks fell further...

Benchmark crude oil futures lost momentum on Thursday as markets braced for a deepening supply glut over the months ahead, pulling...

East of Suez oil markets continued the firmer tone as Dubai consolidated back in the $70s/b, but short-term tightness in the naphtha market...

Crude oil futures rose for a third consecutive session on Wednesday as sustained geopolitical turbulence overshadowed concerns of looming...

East of Suez oil markets extended the week's firmer tone as sanctions came back into focus, while gasoil cracks eased back slightly...

Crude oil benchmarks extended gains on Tuesday as escalating tensions in the Middle East strengthened the risk premium tied to prices...

Crude prices nudged higher Tuesday as East of Suez markets pared the OPEC+ hike and sharp cuts in Saudi OSPs, while middle distillate...

Crude and European product prices were higher Monday after OPEC+ announced it would unwind another layer of voluntary cuts from October...

East of Suez oil markets opened the week flat after OPEC+ announced only a modest hike for October, while gasoil cracks were softer...