Asia Oil Market News & Analysis | Quantum Commodity Intelligence

The total number of hybrid and electric vehicles in China grew to 31.4 million units by the end of last year, reaching a new record high as oil demand in the country is...

Russia's crude oil and refined product exports dropped 2.6% in 2024, with seaborne volumes falling to 398.6 million mt, according to...

China's crude oil throughput in 2024 declined by 3% year-on-year, reflecting weak refining margins and a sluggish recovery in domestic...

Crude oil futures were drifting lower, although benchmarks have mostly consolidating recent steep gains as supply concerns underpinned...

OPEC and its allies trimmed production by a modest 60,000 bpd in December, with small reductions recorded by several producers...

Marine fuel sales in Fujairah drifted lower in December to reach their lowest levels in over a year as demand remained constrained by the...

Qatar has awarded its Al Shaheen tender for March at the highest levels since 2022, after the latest round of sanctions sparked a scramble...

Singapore's onshore fuel oil inventories fell to 20.745 million barrels for the week ending 15 January, their lowest level in five weeks…

The former chief executive of Orlen's Swiss-based trading arm has been detained in the United Arab Emirates (UAE) as part of an ongoing...

Middle East crude prices surged to fresh six-month highs Thursday as disruption caused by Russian sanctions lifted markets again, but gasoil...

Yantian port in south China is aiming to be the largest bunkering hub in the country with an ambitious plan to boost the volumes...

Kerosene stocks in Japan continued to draw lower in the second week of 2025 amid peak heating season despite higher crude runs by local...

Crude oil futures were climbing higher as the upheaval to the supply side caused by fresh sanctions on Russia oil offset broader...

Kazakshtan's Tengizchevroil (TCO) has completed maintenance at the country's largest oil field at Tengiz, according to state-led media...

OPEC has maintained its outlook for global oil demand growth in 2025 at just above 1.4 million bpd, while in a first look at 2026...

Fuel oil east-west arbitrage economics is pointing firmly eastward this week after the US and its allies announced a new wave of sanctions aimed at choking...

Australian road fuel demand rose for the fifth consecutive month in November to reach its highest level on record, official data showed...

Middle East crude were steady for a second session, holding close to six-month highs, while the product side is still pricing in fresh sanctions...

Marine fuel sales in Singapore rose to a record high level last year, maintaining its position as the world's biggest ship fuelling hub as vessel traffic...

Fujairah's oil product inventories climbed for the second consecutive week, rising 13% to 18.47 million barrels as of 15 January, according to data released by the Fujairah Oil Industry Zone and S&P Global Commodity Insights...