Oil Market Commentaries
15 Jul 2024
Crude and oil product prices started the new week lower with China's faltering...
15 Jul 2024
Middle East crude opened the week lower with markets catching up with the Brent retreat after Asian markets had closed on Friday...
12 Jul 2024
Brent futures inched higher Friday, but not enough to offset early-week losses, while LSGO...
12 Jul 2024
East of Suez crude prices edged higher Friday to consolidate gains seen at the backend of the week, while a wave of buying interest...
11 Jul 2024
Crude and oil product prices were little changed Thursday as the IEA painted a more bearish view on oil demand...
11 Jul 2024
Asia crude rebounded from two-week lows Thursday following the broader oil price recovery, while the recent selloff in distillate cracks...
10 Jul 2024
Crude and product futures rebounded Wednesday as the EIA revealed another solid US stock draw...
10 Jul 2024
East of Suez crude prices extended the early-week losses Wednesday and slumped to two-week lows, a move that bolstered residual fuel margins...
9 Jul 2024
Crude and oil product prices fell again Tuesday as Hurricane Beryl passed with minimal disruption...
9 Jul 2024
East of Suez crude prices extended the early week losses Tuesday, while the slide in middle distillate margins continued and left cracks at a...
8 Jul 2024
Crude and product futures fell Monday as markets braced for the impact of Hurricane Beryl on US Gulf coast production...
8 Jul 2024
Benchmark Dubai opened the week lower and eased back from 10-week highs, while middle distillate margins continued to ease despite...
5 Jul 2024
Crude futures firmed again Friday to end the week sharply higher, with the threat of supply disruption in the US Gulf and Canada...
5 Jul 2024
Benchmark Dubai posted fresh 10-week highs Friday to round off a month of solid gains, a move that weighed on gasoline cracks as they...
4 Jul 2024
Crude rebounded Thursday as attention turned to the US Gulf, where producers have started to evacuate offshore...
4 Jul 2024
Middle East oil crude markets were marginally higher Thursday with benchmarks tracking sideways, while in the products market...
3 Jul 2024
Crude and European product prices ended the day lower on Wednesday, but recovered from earlier losses...
3 Jul 2024
Middle East oil crude markets were slightly lower with markets catching up with the Brent retreat, while the jet fuel east-west touched its...
2 Jul 2024
Crude futures firmed again Tuesday on rising hopes over summer oil demand and tighter OPEC supply...
2 Jul 2024
Middle East crude prices extended the strong upwards trend in place since early June, while strength in the distillate market persisted...