Oil Market Commentaries
5 Nov 2024
Benchmark crude oil futures climbed higher Tuesday as easing oversupply concerns met expectations of escalating conflict in the Middle...
5 Nov 2024
Middle East crude prices were higher Tuesday as benchmarks strengthened after OPEC+ delayed the planned output hike, while gasoil...
4 Nov 2024
Benchmark crude oil futures rose on Monday following the weekend's announcement that OPEC+ would delay planned production hikes further...
4 Nov 2024
Middle East crude opened the week little changed as Monday's Brent increase cancelled out the late-Friday selloff, while Asia jet fuel tightness...
1 Nov 2024
Benchmark crude oil futures edged higher Friday as the market braced for further escalation in the Middle East conflict, while LSGO cracks climbed to...
1 Nov 2024
Middle East crude markets opened the new month higher as the risk premium returned, while jet fuel supply tightness in Asia saw prices...
31 Oct 2024
Benchmark crude oil futures climbed further Thursday as oversupply concerns faded on the prospect of additional stimulus measures being...
31 Oct 2024
Asia commentary and pricing are suspended Thursday due to a Singapore holiday. A normal publishing schedule will resume 1 November...
30 Oct 2024
Benchmark crude oil futures edged higher Wednesday as falling inventories in the US coincided with reports that OPEC+ would delay...
30 Oct 2024
Benchmark Dubai posted a relatively firm finish to the October trading cycle ahead of the Singapore holiday, while gasoil cracks continued...
29 Oct 2024
Benchmark crude oil futures traced lower Tuesday as macroeconomic frailty combined with oversupply concerns to weigh on prices, with...
29 Oct 2024
East of Suez crude benchmarks were in retreat for a second session as benchmarks dropped to the lowest level in a month but there was no...
28 Oct 2024
Benchmark crude oil futures slumped more than 5% Monday as Israel's retaliatory strikes evaded Iran's critical oil infrastructure, while LSGO hit...
28 Oct 2024
Middle East oil crude prices were lower after what was deemed a relatively muted strike by Israel against Iran, while the Asian regrade...
25 Oct 2024
Crude and products edged higher Friday as supply concerns returned with escalating Middle East conflict, while LSGO futures firmed to fresh...
25 Oct 2024
Middle East oil crude prices were lower with markets catching up with the Brent retreat after Asia had closed in the previous session, while diesel in Asia is...
24 Oct 2024
Benchmark crude futures sunk lower Thursday as easing supply concerns compounded with persisting macroeconomic weakness, while LSGO...
24 Oct 2024
East of Suez crude markets extended the week's firmer tone as benchmark Dubai posted the highest price since mid-month, while...
23 Oct 2024
Benchmark crude oil and products retraced gains made earlier this week as EIA data showed a large build in US crude inventories, while the market...
23 Oct 2024
East of Suez crude markets were higher Friday as benchmark Dubai posted the biggest daily gain in three weeks, while the fuel oil market...