Asia Oil Market News & Analysis | Quantum Commodity Intelligence

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...

South Korea's crude oil imports slumped in December as arrivals from the Middle East fell while a slight rebound in imports of US barrels...

The monthly output of crude oil and natural gas condensate in Azerbaijan rose to 609,000 bpd in December, the highest since December last...

Crude oil futures were drifting lower as markets took stock after the steep rally since the US and its allies announced tighter sanctions...

Premiums for flagship crude grades surged to the highest levels in over two years, as the latest round of sanctions sent refiners scrambling...

The volume of ship-to-ship transfers of sanctioned Russian oil near China could spike in the short term if the two countries were to maintain the trade flow in the...

Crude production from OPEC+ was little changed in December with a reduction from the UAE offset by more modest increases elsewhere...

Outright Middle East crude steadied after consolidating early week-gains Tuesday, which helped put a brake on the recent retreat in...

The price spread between Japan-bound naphtha and propane cargoes widened significantly this week as the latest sanctions on Russian-affiliated...

Crude oil futures opened the week higher as the clampdown on sanctioned oil and US cold snap lifted prices to...

Major investment banks estimate the latest US sanctions targeting Russia's energy sector could affect up to 1.7 million bpd of crude...

India will achieve its 20% ethanol blending in gasoline target by October, the end of the current ethanol supply year, while crude oil demand...

Middle East crude prices soared more than 5% Monday after the US and its allies launched fresh sanction targeting Russian crude...

Middle East crude opened the week over 5% higher as East of Suez markets were given first chance to react to the fresh round...

Sales of electric and hybrid vehicles in China are forecast to jump more than 24% this year as Beijing looks to offer more policy support for...

Ukraine has launched a drone attack on Russia's TANEKO refinery in Tatarstan, according to local media reports, continuing its campaign...

Australia's Viva Energy Group has temporarily shut down its Geelong Refinery after a power outage caused by a lightning storm on 12 January...

Refined oil product exports by Chinese refiners slumped in the final month of 2024 despite a modest rebound in crude oil imports, government data...

Residual fuel prices continued their upward trajectory this week, buoyed by robust crude benchmarks that were not enough to make...

Diesel struggled to keep pace with crude on both sides of the Suez this week as US inventory data painted a decisively bearish picture but...