Oil Market Commentaries
17 May 2024
ICE gasoil futures rebounded for a second consecutive week after the latest series of Ukrainian drone strikes targeted...
17 May 2024
Quantum Commodity Intelligence – Asian crude oil prices rebounded strongly Friday as benchmark Dubai hit a six-month high versus Brent, while gasoil cracks...
16 May 2024
Crude prices ticked higher for a second day as supportive US inflation data followed on from Wednesday's stock draw...
16 May 2024
East of Suez crude prices Thursday were marginally higher but soft refining margins this month have started to feed through into the...
15 May 2024
Quantum Commodity Intelligence – Crude and product prices inched higher Wednesday as US stock draws helped offset a bearish oil market report...
15 May 2024
East of Suez crude prices Wednesday were slightly lower as weak refining margins again weighed on Q3 demand outlook, while an oversupplied...
14 May 2024
Crude futures fell Tuesday as a bullish OPEC reading for oil demand was balanced against more production misses...
14 May 2024
East of Suez crude prices were steady Tuesday with markets generally lacking direction in the early stages of the week, but the downward...
13 May 2024
Crude futures and European product prices started the weekly broadly lower with attention on next month's OPEC...
13 May 2024
Middle East crude opened the week lower as markets caught up with the Brent retreat after Asian markets had closed on Friday...
10 May 2024
Crude futures were flat Friday to end the week where they started as attention turns to next month's OPEC meeting...
10 May 2024
East of Suez crude prices were steady Friday to close out the week in small positive territory, while the slide in gasoline margins paused...
9 May 2024
Crude prices ticked higher Thursday on strong China data and growing expectations that OPEC+ will roll production...
9 May 2024
East of Suez oil prices rebounded strongly Thursday as US inventory data triggered a global recovery, while gasoil margins continued to...
8 May 2024
Brent crude futures ended Wednesday's session higher for the first time this month, but stayed within touching...
8 May 2024
East of Suez crude prices resumed their downward trend as the global oil slump continued Wednesday, while in the product market...
7 May 2024
Quantum Commodity Intelligence – Brent crude futures continued last week's sell-off Tuesday but lacked much direction with attention focused...
7 May 2024
Benchmark Dubai crude edged up Tuesday to break a five-session losing streak, while news of 14 million mt of fresh export quotas from...
6 May 2024
Quantum Commodity Intelligence –...
3 May 2024
Crude and European product prices broadly held at recent lows Friday, marking sharp losses on the week...