Asia Oil Market Commentary
28 May 2024
East of Suez crude prices Thursday extended the week's firmer tone amid the broader recovery in global markets, while gasoil structure...
27 May 2024
Middle East oil crude markets opened the week marginally higher with markets catching up with the Brent gains after Asian had closed on...
24 May 2024
Asian crude markets continued the week's downtrend Friday as prices slumped to two-month lows, while the gasoil outright price...
23 May 2024
Asian crude markets extended the downtrend Thursday as trading resumed following the midweek break, with products generally...
21 May 2024
East of Suez crude prices retreated Tuesday although Dubai again fared better than Brent, while regional HSFO bullishness continues...
20 May 2024
Middle East oil crude markets opened the week slightly higher, with markets catching up with the Brent gains after Asia had closed on Friday...
17 May 2024
Quantum Commodity Intelligence – Asian crude oil prices rebounded strongly Friday as benchmark Dubai hit a six-month high versus Brent, while gasoil cracks...
16 May 2024
East of Suez crude prices Thursday were marginally higher but soft refining margins this month have started to feed through into the...
15 May 2024
East of Suez crude prices Wednesday were slightly lower as weak refining margins again weighed on Q3 demand outlook, while an oversupplied...
14 May 2024
East of Suez crude prices were steady Tuesday with markets generally lacking direction in the early stages of the week, but the downward...
13 May 2024
Middle East crude opened the week lower as markets caught up with the Brent retreat after Asian markets had closed on Friday...
10 May 2024
East of Suez crude prices were steady Friday to close out the week in small positive territory, while the slide in gasoline margins paused...
9 May 2024
East of Suez oil prices rebounded strongly Thursday as US inventory data triggered a global recovery, while gasoil margins continued to...
8 May 2024
East of Suez crude prices resumed their downward trend as the global oil slump continued Wednesday, while in the product market...
7 May 2024
Benchmark Dubai crude edged up Tuesday to break a five-session losing streak, while news of 14 million mt of fresh export quotas from...
6 May 2024
Quantum Commodity Intelligence –...
3 May 2024
Asian oil markets extended the week's sharp decline as Dubai tumbled to fresh seven-week lows, while middle distillate outright slipped...
2 May 2024
Asian oil prices were sharply lower as markets caught up with the Brent slump after Asian markets were closed Wednesday for the...
1 May 2024
Asia commentary and pricing are suspended Wednesday due to the Singapore holiday...
30 Apr 2024
Middle East Dubai benchmark closed slightly lower on the day but still posted gains of over $2/b on the month, a move that helped to lift gasoil...