Oil Market Commentaries

19 Nov 2024
Benchmark crude oil futures traded slightly lower Tuesday as operations resumed at one of the North Sea's largest oilfields, while LSGO...
19 Nov 2024
Middle East crude prices rebounded from 2024 lows Tuesday while the diesel market arb hit its widest level in a month on the back of...
18 Nov 2024
Benchmarks were sharply higher Monday as the market braced for an escalation in the Russia-Ukraine war, while LSGO cracks climbed to a...
18 Nov 2024
Middle East crude opened the week slightly lower as prices remained under pressure, but lower crude prices helped lift gasoil margins...
15 Nov 2024
Quantum Commodity Intelligence – Benchmarks lost their footing Friday, ending the week lower despite having risen consecutively over the past...
15 Nov 2024
Middle East crude prices resumed the downward slide Friday to leave benchmarks lower on the week, but product margins were still...
14 Nov 2024
Benchmark crude oil futures edged higher Thursday as the EIA showed steep draws in US product inventories, while diesel cracks climbed...
14 Nov 2024
Middle East crude posted marginal gains for a second session Thursday but markets continued to struggle around yearly lows, a move that...
13 Nov 2024
Benchmark crude oil futures were flat Wednesday as investors contended with a lack of momentum in a dormant market, while product markets were...
13 Nov 2024
Middle East crude prices were steady Wednesday as markets looked to have found some support following three consecutive losses, while...
12 Nov 2024
Benchmark crude oil futures inched higher Tuesday as sentiment steadied ahead of Trump's return to the Oval Office, while...
12 Nov 2024
Middle East crude extended losses  as cash differentials also continued to slide, a move that offered a boost to margins at the bottom...
11 Nov 2024
Benchmark crude oil futures declined Monday, extending the losses made late last week to sink prices beneath the $72/b handle for the first time...
11 Nov 2024
Middle East crude opened the week lower as markets caught up following the Brent retreat after Asia had closed on Friday, while it...
8 Nov 2024
Benchmark crude oil futures slipped Friday with Hurricane Rafael set to avoid critical energy infrastructure upon landfall, while…
8 Nov 2024
Middle East crude prices were marginally lower Friday as benchmarks posted slim weekly gains of under 0.5%, while refined product cracks...
7 Nov 2024
Benchmark crude oil futures inched lower Thursday as sentiment softened following Trump's return to office, while gasoline cracks remained at year lows....
7 Nov 2024
Middle East crude prices edged higher Thursday, regaining the previous day's losses, while the products market saw the recent recovery...
6 Nov 2024
Benchmark crude oil futures traded slightly lower Wednesday as the market anticipated policy under the new Trump regime to favour...
6 Nov 2024
Middle East crude prices retreated Wednesday as benchmarks surrendered early-week gains, while gasoline cash diffs flipped back into a...
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