EUROPEAN WINDOW
A free overview of the market at the end of the London trading day
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The US has marked another day of record-high diesel prices, according to AAA....
Brent Declines Despite Another Record Draw in US SPR
US SPR falls to 1982 lows; Exxon's Joliet refinery offline after power outage; Bangladesh's growth strained by high LNG prices.
Brent climbs above $105/bbl on supply concerns
Chevron CEO Mike Wirth said that oil buffers that limited increases in crude oil prices earlier in the Iran war have been depleted....
Brent Hits $106 As Houthis Seize Yemen’s Mocha Port
Brent surges to $106.88 as Houthis seize Mocha port, Trump threatens Iran strikes, OPEC output falls, Iran suspends freight charge.
Brent Holds Above $100 As Chinese Oil Demand Set to Fall
Brent climbs to $101.47 as China oil demand falls, Iraq seeks higher OPEC+ quota, Brazil boosts fuel subsidies, India refiners run hot.
Brent firms on Houthi attacks, meets resistance above $98/bbl
In other news, stocks of crude oil in the US SPR fell by around 1.2mb to 285.4 million mb in the week ending 04 Sep...
Brent Firms As Jizan Refinery Hit
Brent slips to $97.47 as Jizan refinery hit, Iran hikes gasoline price above quota, TotalEnergies cedes Papua LNG stake to Exxon.
Brent Strengthens As US Diesel Prices Reach Record Highs
Brent climbs to $95.63 as US diesel hits record high, Russia trims output to 17yr low, Dangote refinery IPO nears.
Brent Firms Alongside EIA Reported Crude Draw
Brent slips to $95.65 as Aramco lifts OSPs, Hormuz traffic dips, Iraq exports surge, and Russia trims output to 17-yr low.
Brent firms alongside EIA reported crude draw
The EIA reported a 4.45 mb decline in US crude oil inventories to 424.5 mb in the week ending 28th August...
Brent Firms Amid Reports of New US Strikes
Brent holds near $92.67 as US strikes Bandar Abbas; Russia cuts oil forecast to 17-yr low; LNG "dark fleet" doubles.
Brent Regains as QatarEnergy Extends Force Majeure
Brent recovers to $88.28 as Qatar extends LNG force majeure, Germany fills gas storage, Energean eyes BP's Egypt assets.
Brent Trades in $2 Range as SoH Traffic Ticks Up
Brent dips as Hormuz traffic ticks up, Dar Blend returns to Singapore, Turkey diesel imports hit record, Qatar/Kuwait exports rebounds.