Oil Market Commentaries
3 Feb 2025
Benchmark crude oil futures opened the week lower on Monday after reports that US tariffs imposed over the weekend would be put on ice...
3 Feb 2025
Middle East crude prices opened the month higher, ending a two-week long run of losses, but that failed to put the brakes on the rally in...
31 Jan 2025
Benchmark crude oil futures declined further on Friday to post the second consecutive weekly decline, while LSGO cracks firmed on returning...
31 Jan 2025
Middle East crude prices retreated for an eighth straight session Friday as physical markets, while product cracks...
30 Jan 2025
Benchmark crude oil futures were in retreat on Thursday as the US Federal Reserve kept interest rates steady, while LSGO extended...
29 Jan 2025
Benchmark crude oil futures ticked higher on Wednesday as fresh Ukrainian attacks on Russian oil infrastructure raised supply concerns, while...
28 Jan 2025
Benchmark crude oil futures extended losses Tuesday with focus firmly centred around Trump's energy policies, while persistent industrial...
28 Jan 2025
Middle East crude prices retreated for a seventh straight session Tuesady but remained the strongest global benchmark, while jet...
27 Jan 2025
Benchmark crude oil futures opened the week lower as investors deliberated over President Trump's assertive energy policies, while persistent...
27 Jan 2025
Middle East crude prices retreated for a sixth straight session Monday as the run of steady declines continued into the shortened week...
24 Jan 2025
Benchmark crude oil futures extended losses Friday to post the first weekly decline of the year, while LSGO cracks rebounded on returning supply...
24 Jan 2025
Middle East crude prices retreated for a fifth straight session Friday as gradual declines saw Dubai drop 3% over the week, while...
23 Jan 2025
Benchmark crude oil futures remained in retreat Thursday as markets braced for increased US oil supply under Trump, while LSGO extended...
23 Jan 2025
Middle East crude prices eased for a fourth straight session Thursday although they showed signs of stabilising, while the selloff...
22 Jan 2025
Benchmark crude oil futures traced lower Wednesday as Trump's aggressive energy policy softened supply concerns, while LSGO cracks hit...
22 Jan 2025
Middle East crude prices were down for a third session Wednesday, while premiums also eased, while weak demand has meant the front...
21 Jan 2025
Benchmarks drifted lower Tuesday as markets braced for aggressive energy policy under Trump's restored command, while natural gas prices...
21 Jan 2025
Middle East crude prices eased for a second session Tuesday but continued to gain on Brent, while the front of the gasoline paper...
20 Jan 2025
Benchmark crude oil futures lost their footing Monday as investors weighed the implications of a second Trump presidency against a backdrop of...
20 Jan 2025
Middle East crude prices opened the week lower, while gasoil cracks firmed to a fresh nine-month high....