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 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 December 2025 Pricing Window
Crude Oil and Refined Products Market Review and Outlook Crude oil prices on the global market, on average, declined by about 7.14% in quarter four (Q4) 2025 compared to quarter three (Q3) 2025. The drop has been attributed to the rising global production by both OPEC and non-OPEC countries. According to Reuters, oil surpluses in […]
Market Outlook – 1st to 15th December 2025 Pricing Window
Crude Oil and Refined Products Market Review and Outlook Crude oil prices on the global market declined by approximately 2.40% during the 12th to 26th November pricing window. This drop occurred despite stronger demand in China and improved market sentiment following the U.S.–China tariff agreement, as concerns about oversupply from both OPEC and non-OPEC producers […]
Market Outlook – 16th to 30th November 2025 Pricing Window
Crude Oil and Refined Products Market Review and Outlook Crude oil and refined petroleum product prices recorded notable increases on the international market during the 16th to 30th November 2025 pricing window. The upward trend was largely driven by rising demand from China, the impact of U.S. sanctions on Russia, and positive market sentiment following […]
Market Outlook – 16th to 31st October 2025 Pricing Window
Crude Oil and Refined Products Market Review and Outlook During the pricing window under review, the international market price of crude oil declined by about 2.03% compared to the previous window. Increased production from both OPEC and non-OPEC member countries largely drove the price reduction, resulting in a higher supply relative to demand. It has […]
Market Outlook – 1st to 15th October 2025 Pricing Window
Crude Oil and Refined Products Market Review and Outlook Compared to August 2025, global petroleum markets in September recorded modest price uptick across crude oil and refined products, reflecting the combined impact of geopolitical tensions and broader economic conditions. In the pricing window under review, crude oil prices rose by about 1.86%, driven largely by […]
Market Outlook – 16th to 30th September 2025 Pricing Window
Crude Oil and Refined Products Market Review and Outlook Crude oil prices in the global market have been declining for the fourth consecutive window. Crude oil prices on the global market fell marginally in the window under consideration by 0.52%, demonstrating the sector’s recovery from the geopolitical tensions in Q2 that spiked prices considerably during […]
Market Outlook – 16th to 31st August 2025 Pricing Window
Crude Oil and Refined Products Market Review and Outlook The global market has largely recovered from the geopolitical tensions in June that hiked supply-risk premiums and disrupted the supply chain in June and July 2025. Crude and petroleum product prices rose sharply in June when Israel attacked Iran’s nuclear sites. The attacks led to retaliatory […]
