Asia Oil Market News & Analysis | Quantum Commodity Intelligence
12 Dec 2024
Thailand's oil demand rose 2% month-on-month in October to 950,000 bpd, government data showed, defying expectations amid...
12 Dec 2024
Middle East crude climbed to monthly highs as sentiment pivoted to the upside, while gasoline margins continued to firm amid tighter...
12 Dec 2024
Refined oil product stocks in Singapore continued to rise last week to the highest level since early September as refiners in...
11 Dec 2024
Azerbaijan's crude oil and natural gas condensate output continued to recover last month to hit its highest levels since April, monthly...
11 Dec 2024
Crude oil futures were climbing higher on growing expectations of further China stimulus, while speculation on tighter sanctions...
11 Dec 2024
Goldman Sachs expects oil tanker freight rates to decline steadily over the next two years as fleet growth outpaces demand, easing the...
11 Dec 2024
OPEC has again trimmed its forecast for global oil demand this year and next, once more citing lower-than-expected growth from Asia...
11 Dec 2024
FOB Singapore jet fuel regrade continued to come under significant pressure half way through this week as the spread flipped into negative territory, suggesting the...
11 Dec 2024
Kerosene stocks in Japan continued to slide last week amid the peak winter heating season despite local refiners ramping up crude runs to the...
11 Dec 2024
Fuel oil stocks slumped 25% in Fujairah last week as residual inventories remained under supply pressure, while there was a big build in...
11 Dec 2024
Middle East crude edged higher as Dubai continued to outpace Brent this month, while gasoline cracks continued to push higher...
10 Dec 2024
The US Energy Information Administration (EIA) has lowered its 2025 Brent crude oil price forecast to under $74/b, down from almost...
10 Dec 2024
China's oil demand could peak as early as 2025, five years sooner than previously forecast, driven by the rapid adoption of electric vehicles...
10 Dec 2024
Malaysia's refined oil products output fell sharply in October as weak regional demand was compounded by an unplanned refinery...
10 Dec 2024
Gasoline cracks in Singapore continued to climb during Tuesday's session, hitting their highest levels since August as refinery run...
10 Dec 2024
The International Air Transport Association (IATA) anticipate heightened profitability for the global airlines industry in 2025, the group announced...
10 Dec 2024
Residual fuel exports from Mexico to Asia could jump next month if the incoming US president Donald Trump were to follow through on his...
10 Dec 2024
Middle East crude was little changed for a second session as markets looked for direction, while marine fuel spot prices remained under...
10 Dec 2024
Crude oil futures in European trading hours Tuesday were slightly lower as benchmarks struggled to hold early week gains...
10 Dec 2024
Chinese imports of crude oil soared in November as Beijing's allocation of extra import quotas led to a rush of spot purchases while product exports...