Market Outlook – 1st to 15th April 2026 Pricing Window
Crude and Refined Products Price Review and Outlook The price of crude in the international market has witnessed an unprecedented surge since 28th February, when the US and Israel jointly attacked Iran. Crude prices have since then escalated to their highest in years due to the continual attacks on oil refineries and other storage infrastructure […]
Market Outlook – 16th to 31st March 2026 Pricing Window
Crude and Refined Products Price Review and Outlook International prices of crude oil have surged significantly due to the ongoing US/Israel-Iran war in the Middle East, despite the decision by the International Energy Agency (IEA) and the G7 countries to release a record volume of oil stockpiles to help mitigate potential supply disruptions. Crude oil […]
Market Outlook – 16th to 28th February 2026 Pricing Window
Crude and Refined Products Price Review and Outlook International crude oil prices increased by about 5.19% in the 27th January to 11th February 2026 pricing window, with benchmark prices surpassing USD70/bbl for the first time in seven months. The increase was largely driven by escalating tensions between the Trump’s administration and Iran, following protests in […]
Market Outlook – 16th to 30th January 2026 Pricing Window
Crude Oil and Refined Products Market Review and Outlook Global crude oil prices fell sharply in 2025 driven by economic and geopolitical factors that affected demand and supply dynamics in the international market. As a result, average crude oil prices declined by about 14% in 2025 from an average of USD81.03/bbl in 2024 to an […]
Market Outlook – 16th to 30th April 2025 Pricing Window
Crude Oil and Refined Products Market Review and Outlook Global crude prices rose by an average of 1.38% in the first quarter of 2025 but have fallen significantly in recent weeks due to the global uncertainties arising from the current tariff war between the US and China. Crude prices peaked in February, with Brent spot […]
