Oil Market Commentaries
24 Jan 2024
Middle East eased slightly Wednesday, although oil markets were broadly on hold amid mixed pricing signals, while product cracks largely softened...
23 Jan 2024
Quantum Commodity Intelligence – Brent crude futures were up for the fourth straight session in European...
23 Jan 2024
Quantum Commodity Intelligence – Middle East oil prices rallied strongly after the latest wave of strikes against Houthi militants raised the geopolitical temperature in the region, driving...
22 Jan 2024
Quantum Commodity Intelligence – ICE Brent crude futures were testing 2024-highs Monday with supply risks in focus, outpacing most European...
22 Jan 2024
Quantum Commodity Intelligence – Middle East oil prices opened the week lower, with markets catching up with Brent losses after Asian markets had closed on Friday, which...
19 Jan 2024
Crude futures and product cracks were higher Friday, marking narrow gains for both on the week, against a backdrop...
19 Jan 2024
Middle East crude prices strengthened for a second Friday as benchmark Dubai posted the second highest print of 2024...
18 Jan 2024
Crude futures and product cracks were higher Thursday as the EIA's weekly stock report surprised to the upside...
18 Jan 2024
Asia crude prices rebounded Thursday after the upbeat midweek report from OPEC which sees demand growth intact, while oil product trades...
17 Jan 2024
Crude futures and European product cracks fell on Wednesday, as geopolitical risk took a backseat...
17 Jan 2024
Quantum Commodity Intelligence –Asia crude prices were in retreat Wednesday as wider macroeconomic concerns outweighed...
16 Jan 2024
European products outpaced crude on Tuesday, led by jet fuel, with east-west arbs sharply higher again…
16 Jan 2024
Middle East crude prices were little changed Tuesday as markets entered a holding pattern in the early part of the week, while the gasoil...
15 Jan 2024
Quantum Commodity Intelligence – Crude dragged most product prices lower Monday, with cracks broadly flat on the day and support
15 Jan 2024
Middle East oil prices opened the week lower with markets catching up with Brent losses after Asian markets had closed on Friday, ***...
12 Jan 2024
Oil markets were on edge Friday after the US and UK responded to Houthi attacks in the Red Sea with military strikes overnight in Yemen
12 Jan 2024
Oil prices surged higher Friday as Asian markets woke up to the news of US-led strikes against Houthi militants, with that move having big...
11 Jan 2024
European diesel and gasoil refiner margins rose for a fourth straight session on Thursday, reaching two-week highs as tensions...
11 Jan 2024
Asian crude prices were slightly lower Thursday as global oil markets were rocked after the huge builds in US refined product inventories...
10 Jan 2024
Brent crude futures were dragged lower Wednesday after the latest EIA data revealed a surprise build...