Oil Market Commentaries
17 Jun 2024
Crude and oil product prices were higher Monday as the market shrugged off weak Chinese data with distillate markets...
17 Jun 2024
Asia commentary and pricing are suspended Monday due to the Singapore holiday...
14 Jun 2024
Crude and product prices were broadly flat Friday, although Brent still ended the week...
14 Jun 2024
Middle East crude prices were marginally higher in Friday's shortened session as benchmark Dubai moved back above Brent, while middle...
13 Jun 2024
Crude futures inched higher Thursday, recouping some of the previous day's losses on a widely bearish EIA report...
13 Jun 2024
East of Suez Dubai crude benchmark retreated for the first time in seven sessions and dropped below Brent for the first time in six weeks, while...
12 Jun 2024
Crude futures surrendered early gains Wednesday after a surprisingly bearish EIA report...
12 Jun 2024
Quantum Commodity Intelligence – Middle East oil crude markets were higher for a sixth...
11 Jun 2024
Quantum Commodity Intelligence – Crude futures firmed for a second consecutive session Tuesday as OPEC maintained its bullish view on oil demand...
11 Jun 2024
Middle East oil crude markets were higher for a fifth straight session Tuesday, catching up with solid Brent gains since the previous Asia...
10 Jun 2024
Brent crude futures were trading back above $80/b Monday as benchmarks clawed back post-OPEC meeting losses...
10 Jun 2024
Middle East oil crude markets opened the week marginally higher, posting gains for a fourth session, while jet fuel cracks edged to a...
7 Jun 2024
Crude futures were flat Friday but still sharply lower in a week where OPEC+ announced it would start unwinding production quotas sooner...
7 Jun 2024
East of Suez crude prices posted gains for a third session as markets extended the recovery following the early-week slump, with the...
6 Jun 2024
Crude futures and product prices rebounded Thursday as the European Central Bank cut interest rates for the first time in five years
6 Jun 2024
Quantum Commodity Intelligence – East of Suez crude prices recovered some lost ground Thursday but oil markets remain cautious, while weak...
5 Jun 2024
Crude ended the day slightly lower but capped earlier losses after US crude and product inventories rose less than expected Wednesday..
5 Jun 2024
East of Suez crude prices steadied Wednesday after slumping 5% early in the week after OPEC+ announced it would start unwinding cuts...
4 Jun 2024
Quantum Commodity Intelligence – Crude's sell-off continued Tuesday as soft US data added to the bearish tone following the decision by...
4 Jun 2024
Benchmark Middle East crude markets slumped almost 5% Tuesday as investors continued to react negatively to the weekend OPEC+...