Oil Market Commentaries
21 Feb 2024
Asian crude prices eased back from monthly highs Wednesday but East of Suez markets were seen as relatively upbeat, while the products...
20 Feb 2024
Brent crude futures were lower Tuesday as economic concerns weighed against geopolitical risk
20 Feb 2024
Quantum Commodity Intelligence –...
19 Feb 2024
Brent futures edged higher Monday as the market weighed geopolitical risk with economic headwinds..
19 Feb 2024
East of Suez crude edged higher Monday as benchmark Dubai neared monthly highs, with oil product margins generally under downward...
16 Feb 2024
Quantum Commodity Intelligence – Brent crude futures inched higher Friday to a new three-month high by the London cash close as Middle East...
16 Feb 2024
Dubai crude rebounded Friday to catch up with Brent losses after Asian markets had closed on Friday, while gasoil cracks continued to pull...
15 Feb 2024
Crude futures edged higher Thursday as the IEA hiked its supply forecast for 2024 but kept demand relatively flat...
15 Feb 2024
Middle East oil prices dropped for the first time in more than a week after the...
14 Feb 2024
Brent crude futures fell Wednesday for the first time in more than a week as attention turned back to US supply...
14 Feb 2024
East of Suez oil prices were higher once again, rallying for a sixth consecutive session Wednesday as the upward trend remained firmly intact...
13 Feb 2024
Brent crude futures were testing recent highs Tuesday after OPEC maintained its robust oil demand outlook...
13 Feb 2024
Middle East oil prices were higher for a fifth session Tuesday as Singapore traders returned from the extended holiday weekend, while the...
12 Feb 2024
Gasoil and diesel refining margins eased at the start of the week, while backwardation down the curve ticked lower as Brent...
12 Feb 2024
Asia commentary and pricing are suspended for the Lunar New Year holiday in Singapore. A normal publishing schedule will resume on 13 February...
9 Feb 2024
Brent crude futures consolidated recent gains on Friday, recouping nearly all the previous week's losses as hopes...
9 Feb 2024
Middle East oil prices were higher for a fourth session Friday, cementing the week's solid gains, while east-west spreads for middle distillates...
8 Feb 2024
Crude and product prices were higher Thursday as Hamas-Israel peace talks stalled, while support carried over...
8 Feb 2024
Middle East oil prices were higher for a third session Thursday as sentiment continued to improve, while gasoil cracks firmed further to...
7 Feb 2024
European diesel and gasoline refining margins jumped over $1/b by the Wednesday close after US data showed a sharp...