Asia Oil Market News & Analysis | Quantum Commodity Intelligence
28 Jan 2025
Russian crude oil arrivals in India are set to continue rising in February despite the latest Western sanctions targeting Moscow's...
27 Jan 2025
Crude oil futures opened the week lower to extend the price slide that has now wiped over 7% from headline Brent prices....
27 Jan 2025
Kazakhstan has sent its first crude oil shipment from the Kashagan field through the Caspian Sea to Azerbaijan's port of Baku, state-owned...
27 Jan 2025
The naphtha east-west spread sank to its lowest levels since July during Monday's trading session, with the gap between Asian and European...
27 Jan 2025
Production at Iraq's massive Rumaila oil field has been reduced by up to 300,000 bpd or around a quarter...
27 Jan 2025
Middle East crude prices retreated for a sixth straight session Monday as the run of steady declines continued into the shortened week...
27 Jan 2025
Goldman Sachs has increased its 2025 gasoline margin forecasts for key refining hubs while adopting a more bearish stance on diesel...
27 Jan 2025
Freight rates for very large crude carriers (VLCCs) on key Middle East-Asia routes have surged this month on robust crude buying by...
27 Jan 2025
Diesel and crude oil futures market extended rallies during the week ending 21 January as traders continued to price in the shockwaves from...
24 Jan 2025
Crude oil futures were nudging higher Friday although benchmarks were heading for the first weekly decline in a month...
24 Jan 2025
Middle East benchmark Dubai crude rowed back from recent six-month highs following a sequence of steady declines...
24 Jan 2025
Adnoc will not be returning to the Red Sea anytime soon, with the key shipping route still seen as a risk, according to a senior...
24 Jan 2025
Naphtha and gasoline showed signs of a recovery this week as cracks and spreads rebounded as seasonal restocking slowed...
24 Jan 2025
Chinese state-owned oil producer and refiner Sinopec processed 252.3 million mt of crude in 2024, equivalent to 5.05 million bpd...
24 Jan 2025
Chevron has started oil production at its Future Growth Project (FGP) in Kazakhstan's Tengiz field, a key milestone in its efforts to boost...
24 Jan 2025
HSFO cracks continued to firm to fresh multi-year highs this week in Singapore as the trade continues to work through the implications...
24 Jan 2025
Diesel fell under pressure on both sides of the Suez this week, with cracks unravelling most of the gains made at the start of the month as...
24 Jan 2025
Middle East crude prices retreated for a fifth straight session Friday as gradual declines saw Dubai drop 3% over the week, while...
24 Jan 2025
The global shipping industry faces stranded asset risks worth $400 billion as vessels and new orders are set to emit double the carbon permitted...
24 Jan 2025
India has scaled back Russian crude imports in recent months, turning to Middle Eastern suppliers, while refined product exports...