Oil Market Snapshot
March 2024

  • In mid March Brent crude surged above $85/bbl for the first time in 11 months due to an improved global demand outlook and Russian refinery outages caused by ...

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Oil Market Snapshot
February 2024

  • In February, Brent crude oil has stabilised around $82/bbl as concerns about global demand are tempering the risk premium of geopolitical tensions.

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Oil Market Snapshot
January 2024

  • Brent rose above $80/bbl due to a significant 22.3 mbbl drawdown in US commercial crude and products inventory, China’s economic stimulus measures, and stro...

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