Oil Market Commentaries
3 Jan 2025
Crude futures were consolidating early-2025 gains on Friday with attention on colder weather and the outlook for broader oil demand this year...
3 Jan 2025
Middle East crude prices soared to near three-month highs Friday, while the products market saw gasoil cracks continuing to firm amid...
2 Jan 2025
Crude and product futures were higher Thursday as colder weather increases the likelihood of oil demand this month, while stock data...
2 Jan 2025
Middle East crude markets opened the New Year higher following on from the strong finish to 2024, while naphtha physical and paper...
31 Dec 2024
Benchmark crude oil futures continued their ascent Tuesday, climbing for the fourth consecutive session as sentiment sweetened...
31 Dec 2024
Middle East benchmark Dubai extended the solid finish to the year, posting gains for a fourth session, while product margins moved...
30 Dec 2024
Crude oil futures rose for the third straight day on Monday to leave the market poised for the highest cash market close finish since 13 December...
30 Dec 2024
Middle East benchmark Dubai maintained its strong finish to the 2025 as Total showed no signs of slowing up in its latest buying spree...
27 Dec 2024
Crude futures were higher Friday to end the short trading week with a small gain with attention on 2025 oil demand...
27 Dec 2024
Middle East benchmark Dubai prices strengthened heading into the year end, while interest in physical middle distillate parcels...
24 Dec 2024
Crude was higher Tuesday with attention squarely on 2025 during the short trading day, leaving European product prices struggling to keep up...
24 Dec 2024
Middle East crude prices steadied heading into the holidays as Dubai continued to outpace Brent, while trading in the Singapore refined...
23 Dec 2024
Crude and product prices were inching lower Monday, moving into a holding pattern amid thin holiday trade.
23 Dec 2024
Middle East crude prices opened the final week of the month slightly firmer, while cracks firmed across the barrel...
20 Dec 2024
Crude eased again Friday with Brent marking its firstly weekly loss in three, as a strong dollar and a subdued outlook for 2025 weighing on sentiment...
20 Dec 2024
Dubai cash prices were down by slightly less than $1/b on the week as broader demand concerns offset lower OPEC volumes for Q1...
19 Dec 2024
Crude and European product prices fell Thursday as the US Federal Reserve dialled back expectations of rate cuts next year...
19 Dec 2024
Middle East crude markets eased Thursday following the broader selloff in oil benchmarks, while gasoil margins continued to firm...
18 Dec 2024
Crude and European product prices clawed back the week's earlier losses helped by lower US crude and distillate stocks...
18 Dec 2024
Middle East crude markets steadied Wednesday ahead of the US interest rate decision, while gasoline and middle distillate margins...