Asia Oil Market News & Analysis | Quantum Commodity Intelligence

Crude oil futures Thursday were drifting lower after Federal Reserve officials made their third and final rate cut of 2024 at Wednesday's meeting....

Israel launched airstrikes on Yemeni energy infrastructure early 19 December, targeting ports and power stations in response to Houthi...

China's oil demand will peak at 800 million mt annually by 2027, state-owned refiner Sinopec said Thursday, underscoring the rapid...

Middle East crude markets eased Thursday following the broader selloff in oil benchmarks, while gasoil margins continued to firm...

QatarEnergy has awarded its monthly Al Shaheen tender for February 2025 at slightly higher premiums versus the previous month...

Gasoline stocks were marked 0.6% higher on the week at 11.6 million barrels and are running 8% ahead of where they were a year ago...

Crude oil futures were higher as benchmarks recovered from the week's lows ahead of the US rate decision...

Kazakhstan's crude oil production rose 12% in November to 1.44 million bpd, recovering after recent maintenance shutdowns, although...

Saudi Arabia's crude production remained constrained in October due to sustained OPEC+ output cuts, with falling refinery intake weighing on...

China's refinery output fell to its lowest since February 2023 last month as weak downstream demand at home and abroad led refiners...

Middle East crude markets steadied Wednesday ahead of the US interest rate decision, while gasoline and middle distillate margins...

Another big build in residual stocks in Fujairah last week lifted refined product inventories to their highest levels since mid-September...

Crude oil futures Tuesday were drifting lower for a second session, after struggling to gain a foothold amid sluggish...

Commodities giant Glencore has hired the former BP trader Aditya Ravavarapu to head up its Singapore-based crude team...

Marine fuel sales in Fujairah fell 5% over the month in November to reach their lowest levels in over a year as demand remained constrained by...

Middle East crude markets rowed back Tuesday following the broader risk-off trend, while the bearish pressure piled higher in...

Crude oil futures Monday were slightly lower as sluggish sales data from China derailed the previous week's upward momentum...

Gasoil cracks in Asia have rebounded strongly in the past two weeks underpinned by a weaker outflow from China as refiners in the country...

South Korean customs agency cleared 11.29 million mt of crude oil last month, unchanged from October as a rise in Australian and Kuwait crude...

Middle East crude opened the week higher with markets catching up following the Brent gains after Asia had closed on Friday, putting a...