Oil Market Commentaries

ICE Brent crude futures dropped below $70/b Tuesday for the first time in three years as OPEC added to oil demand...

Middle East crude markets were again under pressure Tuesday as Dubai posted fresh 2024 lows, but HSFO backwardation steepened amid...

Last week's rout in crude and product futures continued Monday on lingering demand concerns...

Middle East crude opened the week lower as markets caught up with the Brent retreat after Asian markets had closed Monday, a move...

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...

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...

Crude futures sank to fresh lows Wednesday as the market awaited a decision from OPEC+ over its production cuts...

Middle East crude prices stabilised at around yearly lows Thursday as markets waited on further news from OPEC+ and Libya, while...

Crude futures sank to fresh lows Wednesday as the market awaited a decision from OPEC+ over its production quota...

Middle East crude prices slumped to fresh yearly lows Wednesday amid the broader malaise in oil markets, dragging products lower along with it...

Brent crude slumped to fresh 2024-lows Tuesday on reports a deal to resume Libyan oil production was close to being agreed...

Middle East crude prices were little changed Tuesday with traders again waiting for confirmation of the planned increase in...

Crude and product prices steadied Monday after last week's late sell-off...

Middle East crude markets opened the new month lower with traders pricing in a likely October hike in OPEC+ output, while in the products...

Brent crude oil futures tumbled on Friday on a report that OPEC was set to push through its Q4 output increases, giving way...

Middle East crude prices rebounded Friday as Dubai closed out the month on a firmer footing, while the selloff in gasoline and middle...

Brent crude oil futures rebounded Thursday as nearly half of Libya's output was down amid a political standoff while...

Middle East crude prices were in retreat again Thursday while Dubai also lost ground against Brent heading into the expiry, while gasoline...

Brent crude oil futures slipped for a second straight day amid renewed worries about the global economy and a...

Middle East crude prices rowed back Wednesday as markets struggled to hold early-week gains, and gasoline margins dived to an 11-month...