Oil Market Commentaries

Benchmark crude oil futures extended losses on Tuesday as stalling trade negotiations between the US and China emboldened concerns of oversupply...

Middle East crude prices dropped for a fourth trading session Tuesday as Dubai came under additional pressure, but lower crude prices sent...

Crude futures started the week lower in European trade while ICE gasoil and Eurobob gasoline cracks consolidated recent gains...

Middle East crude prices slipped for a third straight session Monday as Dubai continued to surrender ground to Brent, while the...

Crude oil ticked higher for the second straight day on Friday to end the week

Middle East crude prices were lower for a second session amid uncertainty on OPEC+ output, a move that leant support to margins at the...

Brent crude oil futures ended the cash market close slightly higher on Thursday as conciliatory tones on a trade war with China were offset by concerns of a break in OPEC+ unity...

Middle East crude prices retreated for the first time this week amid discord within OPEC+, while gasoline continued to firm...

Benchmarks lost their footing on Wednesday after Kazakhstan warned that its crude oil output would be determined based on national interests...

Middle East crude prices increased for a third session to extend the upwards trend, while the Hi5 spread slipped back below $50/mt...

Benchmark crude oil futures rebounded on Tuesday as markets braced for escalating geopolitical tensions...

Middle East crude prices posted slim gains for a second session, while backwardation at the front of the gasoline forward curve continued to...

US crude prices fell 2.5% Monday after the long, Easter holiday weekend amid fears the US and China are not making progress...

Middle East crude prices opened the week higher, while the front month gasoil EFS reached the widest in a fortnight...

Benchmark crude oil futures extended gains on Thursday on the prospect of easing trade tensions between the United States and China, while...

Middle East crude prices rounded off a positive week Thursday posting a two-week high, with firmer crude prices eating into product cracks...

Benchmark crude oil futures rebounded Wednesday as the United States imposed greater pressure on Iranian oil supply, while LSGO...

Middle East crude markets were steady Wednesday as the regional benchmark maintained a healthy premium over Brent, while...

Benchmark crude oil futures were little moved on Tuesday as some of the tariff-driven volatility in the market started to ease, while LSGO...

Middle East crude prices nudged higher for a second session, followed by a broader recovery across products, with a firmer front...