Oil Market Commentaries
13 Sep 2024
Crude futures and European product prices slipped Friday but still ended the week higher as US Gulf onshore...
13 Sep 2024
Asian crude markets nudged higher for a second session Friday but early week losses still cemented another losing week, while gasoil...
12 Sep 2024
Crude and product were sharply higher Thursday as Francine slammed into the Louisiana coastline as a Category 2 hurricane...
12 Sep 2024
Asian crude markets finally broke the losing streak Thursday, as global prices rebounded on supply disruptions in the US Gulf and...
11 Sep 2024
Crude futures were back testing fresh three-year lows Wednesday as a bearish EIA report wiped out earlier gains...
11 Sep 2024
Asian crude markets were lower for a sixth session as Dubai again played catchup with late Brent in the previous session, a move that...
10 Sep 2024
ICE Brent crude futures dropped below $70/b Tuesday for the first time in three years as OPEC added to oil demand...
10 Sep 2024
Middle East crude markets were again under pressure Tuesday as Dubai posted fresh 2024 lows, but HSFO backwardation steepened amid...
9 Sep 2024
Last week's rout in crude and product futures continued Monday on lingering demand concerns...
9 Sep 2024
Middle East crude opened the week lower as markets caught up with the Brent retreat after Asian markets had closed Monday, a move...
6 Sep 2024
Crude prices slumped to fresh lows Friday with the decision by OPEC+ to push back its planned production hikes to the end of the year...
6 Sep 2024
Middle East crude prices were little changed as markets steadied in the second half of the week, while the selloff in gasoline margins and flat...
5 Sep 2024
Crude futures sank to fresh lows Wednesday as the market awaited a decision from OPEC+ over its production cuts...
5 Sep 2024
Middle East crude prices stabilised at around yearly lows Thursday as markets waited on further news from OPEC+ and Libya, while...
4 Sep 2024
Crude futures sank to fresh lows Wednesday as the market awaited a decision from OPEC+ over its production quota...
4 Sep 2024
Middle East crude prices slumped to fresh yearly lows Wednesday amid the broader malaise in oil markets, dragging products lower along with it...
3 Sep 2024
Brent crude slumped to fresh 2024-lows Tuesday on reports a deal to resume Libyan oil production was close to being agreed...
3 Sep 2024
Middle East crude prices were little changed Tuesday with traders again waiting for confirmation of the planned increase in...
2 Sep 2024
Crude and product prices steadied Monday after last week's late sell-off...
2 Sep 2024
Middle East crude markets opened the new month lower with traders pricing in a likely October hike in OPEC+ output, while in the products...