EUROPEAN WINDOW
A free overview of the market at the end of the London trading day
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Latest
Saudi sells 60mb via Sohar STS; US diesel hits record $6.29/gal; Japan secures Nov crude supply; Germany plans gasoline tax cut.
Brent Strengthens as Russian Exports Fall 50% Y/Y
Brent climbs to $103.68 as Russia's product exports rise but fuel exports crash on drone attacks; Syria offers cheaper diesel amid protests;
Brent Eases as Wright Says Saudi Arabia’s East-West Pipeline to Restart in Days
Brent slips to $105.15 as Saudi pipeline repairs near; Rosneft refineries halted; Saudi shifts 20mb of spot crude via Hormuz.
Brent supported amid concerns of force majeure in Libya
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...