Oil Market Commentaries
3 Jun 2024
Crude futures sank Monday after OPEC+ extended its current production quotas until at least October but said...
3 Jun 2024
Middle East crude prices started the new month marginally lower as the weekend's OPEC+ meeting did little to move the needle either...
31 May 2024
Crude futures fell Friday to end the week broadly unchanged at around 3.5-month lows...
31 May 2024
Quantum Commodity Intelligence – East of Suez crude prices Friday were lower for a second session although Dubai still managed to post a weekly gains, while...
30 May 2024
Crude prices shrugged off a sharp US crude draw to end the day lower, while this week's
30 May 2024
East of Suez crude prices Thursday were lower as the early-week rally ran out of steam, although that selloff was not enough to halt gasoline...
29 May 2024
Crude futures slipped Wednesday as attention turned back to oil demand, dragging most product prices lower on the day...
29 May 2024
East of Suez crude extended the week's solid gains Wednesday as prices rose for a third straight session, while the jet curve finally...
28 May 2024
European markets reopened after the long weekend sharply higher Tuesday amid signs of improved...
28 May 2024
East of Suez crude prices Thursday extended the week's firmer tone amid the broader recovery in global markets, while gasoil structure...
27 May 2024
Middle East oil crude markets opened the week marginally higher with markets catching up with the Brent gains after Asian had closed on...
24 May 2024
Crude futures were flat Friday in a thin session as attention remained on OPEC+ cuts and US interest rates, while...
24 May 2024
Asian crude markets continued the week's downtrend Friday as prices slumped to two-month lows, while the gasoil outright price...
23 May 2024
Crude futures slipped again Thursday, down for the third straight session as chances of a US interest...
23 May 2024
Asian crude markets extended the downtrend Thursday as trading resumed following the midweek break, with products generally...
22 May 2024
Crude oil futures ended the cash market close at the lowest level in 10...
21 May 2024
Crude prices eased Thursday as Fed officials dampened rate cut hopes, while LSGO cracks held near five-week highs on...
21 May 2024
East of Suez crude prices retreated Tuesday although Dubai again fared better than Brent, while regional HSFO bullishness continues...
20 May 2024
Crude and refined product prices ticked higher in European trade Monday, little moved by news...
20 May 2024
Middle East oil crude markets opened the week slightly higher, with markets catching up with the Brent gains after Asia had closed on Friday...