Market Outlook
Expected end to U.S. government shutdown helps lift crude
Published11 NOV 25 - 13:46
Reading time
minutes
The oil complex is “grinding forward on a bifurcated narrative” of tight product supplies against “what’s supposed to be a looser crude market,” Neil Crosby of Sparta Commodities says in a note.
Wall Street Journal, November 11, 2025 – Oil prices ticked higher as progress toward ending the U.S. shutdown lifted sentiment. Sparta’s Neil Crosby said recent data challenge the crude oversupply story, hinting at a more balanced market. WTI settled at $60.13/bbl (+0.6%), Brent at $64.06/bbl (+0.7%).
Real time alerts, set to your specifications
Continue reading
Distillates strength pulls further ahead after a short breather, as tightness looms ahead; jet looks...
Diesel arbs into Europe are mostly closed despite the recent upturn in pricing. Meanwhile Jet arbs East-West are much more favourable. Further weakness in SG10 E/W and in NWE Jet CIF diffs likely.
14 AUG 26 - 08:08
Atlantic Basin looks to hold naphtha, giving support to MOPJ premiums
Marginal Med arbs and a shut Rotterdam–Chiba keep naphtha in the Atlantic Basin, with Brazil the stronger outlet and MOPJ risk building into Q4.
14 AUG 26 - 07:22