Oil Market Commentaries

22 Oct 2024
Benchmark crude oil prices rose 3% Tuesday on escalating tensions in the Middle East, while diesel cracks rebounded from recent lows...
22 Oct 2024
East of Suez crude markets were little changed Tuesday as markets looked for direction, while there was firm bidding on show in the...
21 Oct 2024
Benchmark crude oil prices rebounded Monday as escalations in the Middle East conflict compounded with expectations of imminent Israeli retaliation...
21 Oct 2024
Middle East crude opened the week slightly lower as markets caught up following the Brent retreat after Asia had closed on Friday, while East...
18 Oct 2024
Quantum Commodity Intelligence – Benchmark crude oil futures fell 8% over the week on Friday to marking their largest seven-day decline in over...
18 Oct 2024
East of Suez crude prices were little changed Friday but still heading for steep weekly losses, while gasoil differentials continued to grow...
17 Oct 2024
Benchmark crude oil futures remained stable Thursday as the market awaited further developments in the Middle East conflict, while fading...
17 Oct 2024
East of Suez crude oil prices steadied Thursday and posted the first gain in a week, while middle distillate cash differentials were seen...
16 Oct 2024
Benchmark crude oil futures were little moved Wednesday, with fears of an escalation in conflict in the Middle East fading as supply disruption in Iran...
16 Oct 2024
Middle East crude further extended early week losses Wednesday although markets looked to be finding some support, but prices for naphtha in...
15 Oct 2024
Benchmark crude oil futures continued their descent Tuesday, cascading on reports that Iranian oil infrastructure would remain unscathed...
15 Oct 2024
Middle East crude extended the early week losses Tuesday amid an eroding geopolitical risk premium while winter demand for kerosene...
14 Oct 2024
Quantum Commodity Intelligence – Benchmark crude oil futures retreated from recent highs Monday, unravelling the gains made towards the...
14 Oct 2024
Middle East crude opened the week lower as Israel continued to hold off on an expected strike against Iran, while demand in the gasoline...
11 Oct 2024
Quantum Commodity Intelligence – Crude and products edged higher Friday as the market primed itself for an imminent escalation in conflict...
11 Oct 2024
Crude oil prices in Asia were higher as concerns over potential supply disruptions underpinned the broader oil recovery, while the inverted...
10 Oct 2024
Quantum Commodity Intelligence – Crude and products reversed yesterday's losses as US attempts to divert Israeli attacks away from...
10 Oct 2024
Crude oil prices in Asia were marginally lower Thursday as markets steadied at lower levels, while the gasoline physical market continued...
9 Oct 2024
Crude and products extended this week's losses Wednesday as de-escalating tensions in the Middle East started to unravel the war risk...
9 Oct 2024
East of Suez crude prices rowed back Wednesday following the broader oil selloff, while a tightening gasoil market pushed cash differentials...
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