EUROPEAN WINDOW
A free overview of the market at the end of the London trading day
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Brent surges to $117 as China urges output growth, first Russian diesel heads to NY, ESPO offers to China hit record highs.
Brent Firms as Saudi Aramco Evacuates Dhahran HQ
Brent firms to $111.87 as Aramco evacuates Dhahran HQ, India’s Mideast crude imports rebound, OFAC extends Lukoil asset deadline.
Brent Trades in Range US Offers to Loan Emergency Heating Oil Reserves
Brent holds near $108.77 as US offers heating oil reserve loans, Saudi exports hit 5-month high, Japan mulls winter subsidies.
Brent Sinks, Washington to Raise US Diesel Output
Brent drops to $108.27 as US presses refiners on diesel, Rubio courts Reliance, Asian refiners cut freight costs, IEA stays ready.
Brent Rallies Despite Increase in Iraqi Exports
Brent rallies to $109.60 as Iraq exports near pre-war levels, Turkey secures Russian diesel, Venezuela eyes $76Bn oil investment.
Brent Stronger as Ryzan Refinery Halts CDU-6
Brent strengthens to $106.66 as Ryazan CDU-6 halts, Iran slips LPG past blockade, VLCC rates ease, India diesel demand jumps.
Brent Firms Despite Potential ‘Shadow Fleet’ Restriction Easing
Brent firms to $106.12 as US eyes shadow fleet easing, IEA speeds stock releases, Russian diesel returns, Ukraine hits Ryazan.
Brent Firms as Saudi Aramco HQ Shoulders Heavy Damage
Aramco’s Dhahran HQ damaged in attack; IEA meets on European diesel stock releases; Huajin Aramco JV gets first Arabian crude.
Brent remains supported above $105/bbl on continued threats on Saudi Arabian sites
In a Truth Social post, US President Donald Trump said that the Houthis are "behaving very badly"...
Brent briefly surges above $107/bbl. Riyadh Airport shut until 17 Oct
Riyadh's King Khalid International Airport will remain closed until 22:00 BST on 17 Oct, as per a Notice to Airmen (NOTAM)....
Brent continues to see resistance above $105/bbl
72% of US Gulf oil production has been shut in ahead of Hurricane Isaias
Brent meets resistance above $105/bbl on comments that US will not strike Iran before midterms
Hurricane Isaias is expected to make landfall in the US northern Gulf Coast on 09 Oct, with estimates....
Brent eases from above $102/bbl despite EIA-reported crude draw
US crude inventories fell by 3.2mb to 424.10 mb last week, sharply against expectations for a 1.7 mb build...