Asia Oil Market News & Analysis | Quantum Commodity Intelligence
9 Dec 2024
Crude oil futures opened the week higher after further upheaval in the Middle East added another layer of uncertainty for regional politics...
9 Dec 2024
The arbitrage spread between very low sulfur marine fuel prices in Singapore and Northwest Europe has fallen significantly in recent sessions as a seasonal swing in...
9 Dec 2024
Middle East crude opened the week marginally lower as traders digested the Saudi OSPs, while strong volatility was seen in the products...
9 Dec 2024
China's passenger vehicle market continued to see robust growth in November thanks to a persistent appetite for electric vehicles, industry data...
9 Dec 2024
Salvagers have successfully offloaded crude oil from a stricken oil tanker that was struck by Houthi missiles in August...
9 Dec 2024
Saudi Aramco has cut the OSP for its flagship Arab Light crude loading in January 2025, reflecting the lower cash cargo premiums...
6 Dec 2024
Crude oil futures Friday were drifting lower, as OPEC's decision to stick with current policy for now was met with a lukewarm reception...
6 Dec 2024
Middle East benchmark Dubai crude ended the week slightly lower as the further delay in OPEC+ did little to alleviate concerns of an oil surplus...
6 Dec 2024
Pressures continued to weigh on diesel this week, with cracks on both sides of the Suez unravelling most of last month's gains as refiners put an...
6 Dec 2024
East of Suez prices were slightly lower Friday with this week's OPEC+ decision seen as only enough to maintain current prices, a move that put...
6 Dec 2024
Cracks of high sulfur fuel oil in Europe and Asia ended the week in a weaker tone as concerns of oversupply gathered pace while the demand pull...
5 Dec 2024
Crude oil futures were were little changed with the OPEC+ decision to delay planned output increases seen as only moderately supportive...
5 Dec 2024
OPEC+ will maintain current production quotas for at least another full quarter, the OPEC secretariat said in a statement...
5 Dec 2024
East of Suez prices were lower Thursday, tracking the Brent retreat after Asia had closed during the previous session, ***...
5 Dec 2024
Refined oil product stocks in Singapore continued to grow in the past week thanks to a large build in light end stockpile offsetting draws across the...
5 Dec 2024
China's gasoil demand is estimated to drop this month as lower temperatures are to slow industrial activities across the country...
4 Dec 2024
Crude oil futures Wednesday were steady as benchmarks consolidated early week gains on growing expectations that OPEC+
4 Dec 2024
The arbitrage opportunity for high sulfur fuel oil 380 CST barrels to make their way to the East of Suez in the coming month has disappeared as Asia...
4 Dec 2024
Washington has confirmed the latest round of sanctions targeting on 35 entities and vessels that it believes play a critical role in transporting...
4 Dec 2024
Oil production from the 12 core OPEC members increased during November as the continued recovery in Libyan output offset...