Asia Oil Market News & Analysis | Quantum Commodity Intelligence

China's crude oil throughput rebounded in November on the back of higher cargo arrivals during the month as independent refiners ramped up purchases after...

Australian road fuel demand rose for the fourth consecutive month in October, nearing its highest level of the year, according to official data...

Global investors last week placed more bets on diesel prices falling as slim arbitrage margins throttled exports from the US and Asia while...

QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour crude expected...

Pengerang Energy Complex (PEC) has delayed its operational start to late 2028, with construction now expected to begin by mid-2025...

Marine fuel sales in November at Singapore, the world's largest ship refuelling hub, fell to 4.46 million mt in November, an 8.5% drop...

Crude oil futures were climbing higher Friday to consolidate the week's moderate gains, underpinned by hopes of a boost from China...

Marine fuel prices continued to come off in Singapore last week amid a persistent supply overhang, a move that has weighed on...

The UAE will slash oil shipments by more than 200,000 bpd from January as part of the wider agreement among OPEC+ members to tighten...

Trafigura Group posted a significant 62% drop in net profit for its 2024 financial year, recording $2.8 billion, as the company absorbed...

Middle East benchmark Dubai crude ended the week firmer, underpinned by promises of further stimulus measures to boost China and the...

Tight Asian supply remained the dominant theme this week as strength spread to Europe, while naphtha looks...

Diesel showed signs of renewed strength on both sides of the Suez this week, recovering ground lost to Brent as closed arbs into the region...

Middle East crude eased slightly on the day but still posted comfortable weekly gains, while gasoline cracks continued to firm to near...

Crude oil futures were steady Thursday, with investors looking for details on Beijing's plans to boost China's stumbling economy via...

OPEC and its allies boosted oil production by 320,000 bpd in November, led by significant increases in Libya and Kazakhstan...

Russia's state-owned Rosneft has signed a 10-year deal to supply India's privately owned Reliance Industries with 500,000 bpd...

Iraq's SOMO has reduced the OSP on its key export grade for Asia in January 2025, following the broader regional trend

The International Energy Agency (IEA) forecasts a global oil surplus of up to 1.4 million bpd in 2025, even as demand rises by 1.1 million...

The cost of shipping clean oil products between the Middle East and Singapore have risen in recent weeks as an exodus of Chinese cargoes and stronger...