Asia Oil Market News & Analysis | Quantum Commodity Intelligence

4 Feb 2025
Crude oil futures rebounded on reports that Donald Trump was expected to target Iran with new legislation, lifting benchmarks off...
4 Feb 2025
European natural gas futures eased back slightly from recent 15-month highs, but the onset of colder weather and a sustained cold...
4 Feb 2025
Shipments of marine fuel to Singapore fell sharply in January, as narrowing price spreads between Europe and Asia reduced arbitrage...
4 Feb 2025
Middle East crude prices resumed their downward trend Tuesday as global markets retreated after US tariffs were paused, while the...
4 Feb 2025
Crude oil output from core OPEC members eased by around 70,000 bpd in January after a further decline in Iraq offset modest gains in...
4 Feb 2025
Asia's gasoline market is bracing for tighter supply in Q1 as potential US crude tariffs could weigh on refinery runs in the Americas, while seasonal...
4 Feb 2025
China will impose tariffs on a range of US exports, including crude oil and liquefied natural gas, escalating trade tensions following new US...
3 Feb 2025
Crude oil futures were in reverse after headline prices surrendered early gains on reports that tariffs imposed over the weekend could be...
3 Feb 2025
Iraq's parliament has approved legislation that could open the way for a resumption of exports from the semi-autonomous Kurdish region...
3 Feb 2025
The world's largest independent energy trader, Vitol, has projected that global oil demand will maintain its current levels through 2040...
3 Feb 2025
The OPEC+ Joint Ministerial Monitoring Committee (JMMC) has not recommended any immediate changes to the producer alliance's current...
3 Feb 2025
Indonesia's government said the country produced nearly 580,000 bpd or 29 million mt of crude oil in 2024, below its target of 625,000 bpd, the latest data...
3 Feb 2025
Middle East crude prices opened the month higher, ending a two-week long run of losses, but that failed to put the brakes on the rally in...
3 Feb 2025
The average price for Middle East benchmark Dubai in January moved above the $80/b mark for the first time in six months, as prices...
3 Feb 2025
Saudi Arabia's Bahri is set to expand its fleet with at least 10 new very large crude carriers (VLCCs) in 2025...
3 Feb 2025
Turkey's crude oil imports pulled back from November's highs in December, dropping 8% on the month and 15% on the year to about...
3 Feb 2025
Panama will ensure free passage for US Navy vessels through the Panama Canal and plans to withdraw from China's Belt and Road...
3 Feb 2025
Saudi Aramco's Jazan refinery is undergoing scheduled maintenance, Middle East Economic Survey (MEES) reported...
3 Feb 2025
Air travel demand in the Asia Pacific region is expected to keep growing this year after the demand for both passenger and cargo...
3 Feb 2025
A Swiss court has convicted ex-Trafigura chief operating officer Mike Wainwright of bribing an Angolan official, sentencing him to 32...
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