Oil Market Commentaries

European oil product refining margins tumbled across the board on Tuesday as oil products failed to track crude prices higher...

Middle East crude prices posted a third consecutive gain Tuesday, a move that ate further into already weak middle distillate...

Middle East crude prices Monday posted a second session of solid gains, a move that left much of the refined products market looking...

Brent crude oil futures rebounded on Friday on a softer dollar and after the Fed hinted at a likely rate cut this September, although...

Middle East crude prices rebounded Friday amid the broader risk-on sentiment returning to the market, while short-term bullishness in the...

Brent crude oil futures were mostly unchanged for a second straight session after a US oil stock draw provided a floor to this week's...

Middle East crude resumed the month's downward trend Thursday with prices sliding back towards yearly lows, while gasoil prices were...

Crude steadied Wednesday and product cracks rebounded after an across-the-barrel US stock draw helped alleviate...

Middle East crude registered gains for the first time in four sessions Wednesday, while gasoil cracks bounced from 15-month lows....

Crude and product prices resumed their downward slide Tuesday as geopolitical risks fade on Gaza peace talks...

Middle East crude markets continued to slide Tuesday, while gasoil margins continued to come off amid global weakness as they hit a...

Crude prices eased Monday as Gaza ceasefire talks entered their second week amid lingering demand concerns

Middle East crude opened the week lower as markets caught up with the Brent retreat after Asia had closed on Friday, while middle...

Crude prices eased Friday to end the week largely flat as geopolitical risk faded and output was seen higher...

Middle East crude markets Friday nudged higher to consolidate the week's gains...

Crude futures firmed Thursday as positive US data eased concerns over Chinese oil consumption...

Middle East crude markets Thursday extended the week's decline, while regional tightness in Asia pushed the jet fuel east-west to a fresh...

Crude fell on Wednesday as a surprise US stock build outweighed Middle East tensions, while European gasoline was unable to draw support...

East of Suez crude prices eased back Wednesday to snap a six-session winning streak, although that was not enough to stop margins...

Brent crude oil futures slid $1/b in Tuesday afternoon trade, snapping a five-day winning streak amid a reduced risk of...