Asia Oil Market News & Analysis | Quantum Commodity Intelligence

Crude oil futures were slightly lower on Thursday as markets steadied at a support level following a week-long retreat that wiped out more than...

India's domestic crude runs rose to 23.9 million mt in December 2024, marking a 10% increase from November's 21.64 million mt and a...

ANZ anticipates a challenging year ahead for global natural gas markets in 2025, projecting sustained upward pressure on prices as escalating...

Australian energy producer Santos is advancing plans for a second LNG plant at Darwin as it looks to market gas internationally from the...

Middle East crude prices eased for a fourth straight session Thursday although they showed signs of stabilising, while the selloff...

Japan's petrochemical product output slid in 2024 on the back of weak cracking margins and continued industry consolidation...

China's state-owned oil producer CNOOC plans to boost oil and gas production to a record high in 2025, citing expectations for 5% economic...

Light distillate stocks in Singapore fell for the second consecutive week as exports surged ahead of the Lunar New Year...

Crude oil imports into Japan last month increased to the highest level in two years, while domestic refinery runs continued to recover...

Australian refiner Ampol reported a recovery in refining margins at its Lytton refinery in Q4, with the margin improving to $4.60/b...

Specialist freight insurers have cautioned that Red Sea transits remain at risk, despite the Houthis declaring a halt on attacks...

India's Minister for Petroleum and Natural Gas said the country will achieve 20% ethanol blending in gasoline next month...

Crude oil futures Wednesday were marginally lower as benchmarks finally steadied after several days of declines...

Saudi Aramco remains upbeat on the prospect of oil demand growth, including projections for China...

Middle East crude prices were down for a third session Wednesday, while premiums also eased, while weak demand has meant the front...

Refined oil product stocks at the Middle East's main storage hub at Fujairah were lower across the barrel last week, led by a drop in fuel...

Weekly crude oil throughput in Japan dropped during the seven-day period ending 18 January, pulling refined product stocks...

Crude oil futures were drifting lower for a fourth session Tuesday as investors weighed up the impact after Donald Trump took the presidency...

HSFO cracks continued to firm in Singapore trading on Tuesday, hitting their highest levels in almost a year and a half as the market...

Cathay Pacific Airways reported sustained growth in December as robust consumer demand met accelerating business activity to spur...