Asia Gasoil-Diesel News
5 Jun 2024
Japan's oil product stocks rose for the second successive week to the highest point in four months as weak...
4 Jun 2024
Crude oil futures Tuesday were again under pressure following the 3.5% retreat in the previous session after OPEC+ published plans...
4 Jun 2024
Socar will shut Azerbaijan's only refinery for a month of maintenance in November, the company said Tuesday...
4 Jun 2024
Benchmark Middle East crude markets slumped almost 5% Tuesday as investors continued to react negatively to the weekend OPEC+...
4 Jun 2024
Chinese airlines will cut jet fuel surcharges for domestic flights for the first time in six months as the distillate supply surplus in the Asia...
3 Jun 2024
Crude oil futures Monday were sharply lower as investors shrugged off the OPEC+ extension to current output quotas, instead focusing on...
3 Jun 2024
Abu Dhabi's state-owned oil company has bought tanker shipper Navig8's fleet and operations, paying up to $1.5 billion as it expands its...
3 Jun 2024
Middle East crude prices started the new month marginally lower as the weekend's OPEC+ meeting did little to move the needle either...
2 Jun 2024
OPEC+ will continue to implement most production quotas until the end of this year and will extend some cuts well into 2025...
31 May 2024
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments
31 May 2024
Crude oil futures in Friday remained under pressure for much of the session, although reports that the OPEC meeting was being switched...
31 May 2024
Quantum Commodity Intelligence – East of Suez crude prices Friday were lower for a second session although Dubai still managed to post a weekly gains, while...
31 May 2024
Middle distillate paper cracks on both sides of the Suez remained in a downward trajectory throughout...
31 May 2024
Quantum Commodity Intelligence – Peak spring refinery maintenance season in Japan saw its domestic oil product sales dropping further...
30 May 2024
Crude oil futures Thursday resumed downwards trend despite US data revealing a larger-than-expected draw on crude stocks...
30 May 2024
East of Suez crude prices Thursday were lower as the early-week rally ran out of steam, although that selloff was not enough to halt gasoline...
30 May 2024
Freight costs for transporting clean products between the Middle East and Asia have strengthened in recent weeks as refineries are set to ramp up output after the maintenance...
30 May 2024
Oil product stocks in Singapore halted their recent decline and rebounded last week on the back of an influx of fuel oil while distillates remained...
29 May 2024
Crude oil futures Wednesday initially extended the week's to more than 3%, before the four-session rally ran out of steam as inflationary concerns...
29 May 2024
India ramped up crude imports last month even as refinery runs eased during maintenance and weaker margins...