Asia Energy Market News & Analysis | Quantum Commodity Intelligence

Crude oil futures were higher on Friday and were on course to end the week flat as a quick end to war in Ukraine remained elusive, stemming...

Oil futures were drifting lower Thursday after the midweek rebound stalled as traders turned to broader economic and geopolitical drivers...

Singapore's fuel oil stocks rebounded 16% last week as cargoes started to arrive in the city-state to fill a shortage of HSFO that has been...

Washington has hit Iran with a further round of sanctions, targeting Tehran's shadow fleet of tankers and Oil Minister Mohsen Paknejad...

The prospect of $50/b floated by US Energy Secretary has been met with little enthusiasm at the CERAWeeek in Houston...

Energy major BP said Thursday it expects direct and indirect emissions from its operations will balloon by a third in 2025...

Saudi Aramco has reduced term crude allocations to customers in China for a third month with deliveries to its largest customer set to fall...

Middle distillate cracks in Asia reached their weakest level since last December as Middle Eastern refiners ramped up output coming out of the maintenance...

Middle East crude prices climbed higher Thursday playing catch-up with Brent, while in the products market distillate margins continued to slide...

India will need about INR 25 billion ($287 million) in investment to reach 5% biodiesel blending by 2030 while developing a feedstock...

Azerbaijan produced 4.5 million mt of crude oil and natural gas liquids in the first two months of the year, with output estimated to have...

Turkey's national oil producer TPAO has agreed to form a joint venture with US shale producer Continental Resources to develop tight oil...

Brent crude oil futures moved comfortably back above the $70/b level Wednesday as the market waited on the outcome of discussions...

OPEC has maintained its outlook for global oil demand growth in 2025 at 1.45 million bpd, although conceded that a tariff-led trade war...

Russia's crude oil exports have risen sharply over the past month, indicating that the rollout of fresh sanctions has had little impact...

Middle East crude prices were little changed Wednesday, while the gasoil crack slipped to its weakest against Brent since December...

Iraq's SOMO has reduced the OSP on its key export grade for Asia in April, following the broader regional trend of lower differentials...

Diesel production in Malaysia dropped to a three-month low in January, with government figures showing production of the middle...

Fuel oil stocks in Fujairah dropped 6% last week as inventories of residual fuels pulled back from levels not seen since June, weekly figures...

Middle distillate supply in Japan remained tight as commercial inventories continue to drop against the backdrop of the spring maintenance season...