Oil Market Commentaries

Crude futures were slightly lower Thursday but remained close to recent highs above $89/b as the market weighed...

Middle East benchmark crude posted gains for a fifth session Thursday as Dubai posted fresh five-month highs, while gasoline cracks slipped.

Crude futures were threatening to break through $90/b Wednesday with OPEC+ supply back in focus...

Middle East benchmark crude posted gains for a fourth session Wednesday as Dubai again outpaced Brent, while gasoil markets caught...

ICE gasoil futures jumped to a two-week high after the long UK bank holiday on heightened geopolitical tensions in the Middle East...

East-of-Suez oil markets surged to fresh five-month highs Tuesday as Dubai continued to outpace Brent...

East of Suez oil markets started the new quarter on a firm footing as crude posted fresh five-month highs, while the slide in gasoil cracks was...

Crude futures were testing fresh highs at the end of a short trading week Thursday...

Quantum Commodity Intelligence –East of Suez oil markets ended the month on a high note Thursday as the March trading cycle wound...

Crude futures fell Wednesday with US stocks climbing for a second week, while diesel cracks steadied...

East of Suez oil markets eased back slightly Wednesday as the March trading cycle wound down ahead of the long weekend, while jet...

Crude futures were broadly flat Tuesday, holding near recent highs, as the market continued...

East of Suez oil crude markets resumed the March uptrend as prices consolidated near five-month highs, while gasoil cracks continued to fall to...

Crude prices were back testing recent highs Monday on reports Russia has been forced to reign in oil production...

Middle East oil crude markets opened the week marginally higher as prices consolidated close to 2024 high, while gasoil margins continued to slump...

Quantum Commodity Intelligence – Crude futures were little moved Friday, ending the week flat as profit-taking and concerns...

East of Suez crude markets eased for a second session Friday to leave prices only marginally higher on the week, while gasoline continued...

Crude traded broadly sideways Thursday but ultimately ended lower in the absence of much direction...

East of Suez crude markets eased slightly Tuesday as the rally in global crude benchmarks paused, while gasoil prices continued to come as further...

Crude prices were lower Wednesday ahead of the Federal Reserve's rate-setting meeting...