Oil Market Commentaries
14 Apr 2025
Benchmark crude oil futures opened the week higher on Monday as Washington announced further exemptions to global tariffs, while LSGO...
14 Apr 2025
Middle East crude prices opened the week higher, catching up following the Brent rebound after Asia had closed in the previous session, while...
11 Apr 2025
Benchmark crude oil futures drifted higher on Friday as markets digested Washington's decision to place global tariffs plans on ice but remained...
11 Apr 2025
East of Suez oil prices eased again cement weekly losses of almost 8%, while the east-west spread for marine fuel and HSFO both widened to...
10 Apr 2025
Benchmark crude oil futures were mixed Thursday after US President Donald Trump placed global tariff plans on ice for all but China...
10 Apr 2025
East of Suez oil prices rebounded in line with global markets Thursday, including crude bouncing over 5%, while the refined products...
9 Apr 2025
Benchmarks were sharply lower on Wednesday as China unveiled an additional 50% tariff to hit US goods on Thursday, while US crude inventories...
9 Apr 2025
Benchmark Dubai crude resumed the massive selloff Wednesday as the tariff-led upheaval continued, with gasoline slipping to...
8 Apr 2025
Benchmark crude oil futures drifted lower on Tuesday as focus remained centred around the mounting trade tensions between the US and
8 Apr 2025
Benchmark Dubai crude edged up from four-year lows but oil prices remain highly volatile, while product cracks have remained relatively...
7 Apr 2025
Benchmark crude oil futures extended losses on Monday as markets continued to monitor the implications of escalating trade tensions on...
7 Apr 2025
Benchmark Dubai crude slumped by almost $6/b Monday and registered a four-year low, a move that pulled the products market with it as...
4 Apr 2025
Benchmark crude oil futures were down another 6.2% on Friday as China unveiled tariffs of its own against the United States, while rising OPEC+...
4 Apr 2025
East of Suez crude oil prices were spiralling lower Friday amid the double hit from tariffs and higher OPEC+ output, with product flat prices...
3 Apr 2025
Benchmark crude oil futures slid on Thursday, the unveiling of Washington's latest sweeping tariffs compounding an unexpected hike in OPEC+...
3 Apr 2025
Middle East benchmark Dubai rowed back Thursday as the latest round of US tariffs rocked oil markets, while naphtha prices...
2 Apr 2025
Benchmark crude oil futures drifted lower on Wednesday as markets braced for further escalation in global trade tensions, while LSGO...
2 Apr 2025
Dubai crude ramped up to five-week highs Wednesday amid the feared crunch on sour crude supplies, while naphtha cracks and diffs...
1 Apr 2025
Benchmark crude oil futures extended gains Tuesday as increasing Western pressure on global oil supply coincided with improving...
1 Apr 2025
Dubai crude posted fresh one-month highs Monday amid the growing threat to crude supplies, while naphtha cracks slipped to a...