Market Commentaries

Distillate cracks surged to fresh highs for the year, leading the European oil complex, after low sulfur gasoil futures gained a $1/b more than Brent....

Quantum Commodity Intelligence – Middle East crude rallied to fresh three-year highs Friday, gaining...

Gasoline and distillate prices and cracks continued to rise more than Brent after the US Energy Information Administration report...

The Middle East crude market resumed the upwards trend Thursday, gaining around 1%...

Distillate futures and gasoline led the European energy complex Wednesday against a backdrop of sliding Brent prices...

Middle East crude prices retreated for the first time in a week as the rally paused Wednesday...

Brent eased lower Tuesday afternoon amid choppy trade after the IMF trimmed its global growth forecast...

Middle East crude prices largely  maintained the upwards momentum Tuesday, while refined product...

Distillates continued to drive the European oil complex Monday, rallying far more than Brent...

Middle East crude prices ramped up to fresh three-year highs Monday, while firmer distillate and light-ends cracks underpinned...

Brent was rallying by the European close Friday amid another volatile day, but there were even sharper gains for gasoline and distillates...

Middle East crude prices surged near 5% Friday, more than erasing the previous day’s losses, while...

Brent was highly volatile Thursday, crashing to a low of $79.08/b amid exuberance about Putin’s promise to pump more gas into Europe...

Middle East crude oil tumbled by around 4% Thursday as Asia played catch-up with 24hrs of...

Brent tumbled after Putin promised to boost natural gas supplies from Russia, overshadowing reactions from the weekly US oil statistics...

Worthy of note is that the regrade has widened, indicating it is European demand for diesel that remains the driver behind the Asian jet complex amid eye-wateringly high gas prices...

Low Sulfur Gasoil futures surged higher Tuesday, outstripping gains in Brent which itself rallied past $83/b...

Middle East crude prices surged to fresh three-year highs Tuesday following the OPEC+ decision...

Brent crude futures pushed towards 3-year highs for the Monday, after OPEC ignored calls for more supply amid a surge in global...

Middle East crude strengthened Monday ahead of the OPEC+ meeting later in the day, while...