Oil Market Commentaries

Middle East crude prices were up for a fourth consecutive session Friday to post a 2.5% weekly gain, while gasoline cracks continued to...

Crude oil benchmarks extended gains and reached the highest level in over two weeks, while gasoline cracks hit fresh 15-month highs on reduced...

Middle East crude prices were up for a third consecutive session Thursday, a move that ate further into struggling residual fuel margins...

Crude oil benchmarks rebounded on Wednesday after a sharp decline in US inventories, while LSGO cracks extended gains as refineries braced...

Middle East crude markets climbed higher for a second session on Wednesday, while gasoline cracks were seen edging upward in the...

Crude oil benchmarks were flat to lower Tuesday as markets awaited fresh developments from the talks to end the war between Russia...

East of Suez crude markets nudged higher Tuesday, although maintained the cautious start to the week, which was enough to weigh on HSFO...

Crude oil benchmarks declined Monday as markets assessed the prospect for a ceasefire between Russia and Ukraine, while LSGO cracks...

East of Suez crude markets followed the broader trend and opened the week slightly lower, while the selloff in distillate margins stabilised...

Crude oil benchmarks drifted lower Friday as markets braced for the outcome of Donald Trump's meeting with Vladimir Putin, while...