Oil Market Commentaries
6 Mar 2024
Middle East oil prices edged higher Wednesday as markets steadied following early-week losses, while gasoil margins continued to slide...
5 Mar 2024
Quantum Commodity Intelligence – Brent crude futures eased on Tuesday and dragged most European product prices lower...
5 Mar 2024
Middle East oil prices retreated Tuesday with the bounce from the extended OPEC+ cuts proving short-lived, while gasoline cargoes were bid...
4 Mar 2024
Quantum Commodity Intelligence – Brent futures started the week lower as traders reacted to a largely expected and priced-in OPEC+ output cut extension...
4 Mar 2024
Middle East oil prices opened the week higher with Dubai catching up with Brent gains after Asian markets had closed on Monday, while...
1 Mar 2024
Quantum Commodity Intelligence – Brent crude futures closed above $84/b on Friday for the first time in nearly four months as positive economic data...
1 Mar 2024
Middle East crude prices started the new month slightly higher while premiums for spot barrels were also seen firmer, while gasoline cargoes...
29 Feb 2024
Quantum Commodity Intelligence – Brent crude futures were higher Thursday as prompt timespreads jumped towards expiry on expectations of tight supply...
29 Feb 2024
Dubai crude prices were slightly lower Thursday as the Middle East benchmark posted a lively expiry, while jet fuel cracks slipped to a nine...
28 Feb 2024
Brent crude ended Wednesday broadly unchanged, recovering from a dip in early trade on a smaller-than-expected...
28 Feb 2024
Dubai crude prices were slightly lower Wednesday as the Middle East benchmark headed for a sluggish expiry, while gasoil margins slipped...
27 Feb 2024
Brent crude oil futures were back on the rise Tuesday, climbing over $83/b for the first time in a week, amid uncertainty over...
27 Feb 2024
Quantum Commodity Intelligence –...
26 Feb 2024
ICE gasoil futures rebounded at the start of the week on reports of a slowdown in US diesel exports to Europe, while Brent...
26 Feb 2024
Middle East oil prices opened the week lower with markets catching up with Brent losses after Asian markets had closed on Monday...
23 Feb 2024
Crude fell Friday to pull Brent futures into a narrow loss for the week, while diesel cracks...
23 Feb 2024
East of Suez crude markets eased slightly Friday but ended the week little changed, with that move helping to support distillate refining margins...
22 Feb 2024
Brent futures were back testing recent highs on Thursday as the latest US stock report showed a smaller-than-expected...
22 Feb 2024
East of Suez crude markets resumed the firm monthly trend Thursday with prices close to February highs, while gasoil cracks fell to fresh...
21 Feb 2024
rent crude futures inched higher on Wednesday as Middle East tensions rumbled on...