Market Outlook – 1st to 15th October 2026 Pricing Window
The renewed escalation of hostilities between the US and Iran during the second half of July reignited geopolitical tensions in the Middle East, reversing the sharp decline in crude oil prices witnessed earlier in the month.
Market Outlook – 16th to 30th September 2026 Pricing Window
The renewed escalation of hostilities between the US and Iran during the second half of July reignited geopolitical tensions in the Middle East, reversing the sharp decline in crude oil prices witnessed earlier in the month.
Market Outlook – 1st to 15th September 2026 Pricing Window
The renewed escalation of hostilities between the US and Iran during the second half of July reignited geopolitical tensions in the Middle East, reversing the sharp decline in crude oil prices witnessed earlier in the month.
Market Outlook – 16th to 31st August 2026 Pricing Window
Although international crude oil prices fell below USD70/bbl for the first time since the escalation of hostilities involving the United States, Israel, and Iran in early March, prices remained elevated relative to pre-conflict levels. The sharp decline in crude prices followed the ceasefire agreement reached in early July, which eased geopolitical tensions and improved market sentiment. During the conflict, crude oil prices surged from about USD65/bbl to nearly USD130/bbl, significantly disrupting global energy markets and supply chains.
Market Outlook – 1st to 15th August 2026 Pricing Window
The renewed escalation of hostilities between the US and Iran during the second half of July reignited geopolitical tensions in the Middle East, reversing the sharp decline in crude oil prices witnessed earlier in the month.
Market Outlook – 16th to 31st July 2026 Pricing Window
Although international crude oil prices fell below USD70/bbl for the first time since the escalation of hostilities involving the United States, Israel, and Iran in early March, prices remained elevated relative to pre-conflict levels. The sharp decline in crude prices followed the ceasefire agreement reached in early July, which eased geopolitical tensions and improved market sentiment. During the conflict, crude oil prices surged from about USD65/bbl to nearly USD130/bbl, significantly disrupting global energy markets and supply chains.
Market Outlook – 1st to 15th July 2026 Pricing Window
Crude and Refined Products Price Review and Outlook Global crude oil prices declined by 19.73% during the period under review, representing a substantial 39.82% correction from the war-induced peak of USD130/bbl recorded at the height of the US/Israel–Iran conflict. Crude oil prices averaged USD78.12/bbl, approximately 4.96% above pre-conflict levels. The sharp decline was primarily driven […]
Market Outlook – 16th to 30th June 2026 Pricing Window
Crude and Refined Products Price Review and Outlook Global crude oil prices have fallen below USD100/bbl for the first time since the conflict involving the United States, Israel, and Iran began in March, following a fragile ceasefire agreement. Prior to the truce, escalating hostilities and retaliatory attacks across the Gulf region pushed crude prices to […]
Market Outlook – 1st to 15th May 2026 Pricing Window
Crude and Refined Products Price Review and Outlook International crude oil prices plummeted significantly by about 12.33% in the period under review, averaging around USD114 per barrel, after surging to nearly USD130 per barrel in the first week of April, the highest level since 2022. The decline was largely driven by improved market sentiment following […]
Market Outlook – 16th to 30th April 2026 Pricing Window
Crude and Refined Products Price Review and Outlook International crude oil prices surged to approximately USD130 per barrel in the first week of April, marking the highest level since 2022. This compares to the peak of about USD133 per barrel recorded in May 2022, following the onset of the Russia-Ukraine War, which significantly disrupted global […]
