Oil Market Commentaries

19 Apr 2024
Middle East crude prices were marginally higher Friday as oil markets largely shrugged off Israel's retaliatory strike against Iran, while the wider...
18 Apr 2024
Crude futures extended losses on Thursday as Middle East supply risk fades, while European diesel...
18 Apr 2024
Middle East crude prices were sharply lower Thursday as Dubai caught up with Brent losses after Asian markets had closed Wednesday...
17 Apr 2024
Crude futures were lower Wednesday as Middle East tensions waned and attention turned to another US stock build...
17 Apr 2024
Middle East crude prices were marginally higher Wednesday as traders continued to wait for Israel's response to Iran, while the products...
16 Apr 2024
Brent crude futures were back above $90/b on Tuesday as attention remained focused..
16 Apr 2024
East of Suez oil prices edged higher Tuesday as Middle East tensions continued to dominate, while the weakness in middle distillates persisted...
15 Apr 2024
Crude prices fell Monday on what was considered a broadly muted response to an Iranian attack on Israel over the weekend...
15 Apr 2024
Middle East oil prices opened the week lower after Iran's retaliatory attack on Israel was largely thwarted, which helped further lift gasoline...
12 Apr 2024
ICE Brent crude futures were $0.46/b up on the day to $90.44/b by the London cash close...
12 Apr 2024
Middle East crude prices finished the week marginally lower on the day but holding at the top end of the 6-month trading range, while...
11 Apr 2024
Brent futures snapped three straight sessions of losses on Thursday after OPEC delivered...
11 Apr 2024
Asia oil markets resumed Thursday after the midweek break, with crude prices largely steady, while gasoil margins continued to fall as...
10 Apr 2024
Crude and European product prices were lower Wednesday the US stocks built across the board...
9 Apr 2024
European diesel and gasoil refiner margins eased for a second straight day, falling back to their lowest level so far this year...
9 Apr 2024
Middle East crude oil prices resumed the upward trend Tuesday amid faltering ceasefire talks on the Gaza conflict...
8 Apr 2024
European gasoil and diesel refining margins eased at the start of the week after touching three-week highs at the end of last week...
8 Apr 2024
Middle East oil prices opened the week lower amid ceasefire talks on the Gaza conflict, while marine fuel remained under downwards pressure after...
5 Apr 2024
Quantum Commodity Intelligence – Brent crude notched up another weekly gain with prices through $90/b Friday for the first time since last October...
5 Apr 2024
Middle East benchmark Dubai crude surged past $90/b Friday for the first time since October, while gasoline margins remained under downward...
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