News
Middle Distillates’ downward move should not be overlooked amidst a jumpy flat-price environment
Distillate markets have been the reliable, hard worker of the oil complex since the...
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All eyes on gasoline as traders look to pin their hopes on Light Ends to defy the demand bears
*Report reflects markets as of 18th March 2024 OverviewCrude flat price is...
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Red Sea-fuelled Distillates buying spree winds down amidst emergent strength in Crude spreads
As oil markets settle into the new normal of reduced transit through the Red Sea,...
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Imbalance not shortage: Red Sea tensions create re-supply uncertainty in arb dependent product markets
Bar Friday night’s spike, crude has enjoyed an uncharacteristically sedate ascent...
Read MoreGeopolitical risks play second fiddle to an oil market trying to re-price back to fundamentals
Overview Last month we noted the post-summer implosion of US gasoline markets and...
Read MoreClean product markets stutter as geopolitical price boost veils true oil market fundamentals
In moments like this, OTC markets provide a clearer view of oil fundamentals than...
Read MoreCrude rallies $10/bbl as the rapid grab for physical barrels forces WTI and Brent shorts to fall on their swords
We wrote last month about clean products being far too strong for crude to sit idly...
Read MoreClean product cracks pushing margins back to year-high levels, leaving refiners poised to bid up crude oil
The first half of August saw strength across the entire oil complex. Brent made a...
Read MoreBullish price action in July across the barrel with flat price and product cracks marching upwards
We wrote last month about the disconnect between crude flat price and the stellar...
Read MoreCrude in tug of war with gasoline and distillates: June bid/offer and liquidity levels for main market movers
Flat price crude faced significant pressure in June with WTI and Brent struggling...
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