Asia Oil Market News & Analysis | Quantum Commodity Intelligence

4 Dec 2024
East of Suez prices were higher Wednesday as markets caught up with the Brent spike after Asia had closed in Tuesday's session, while the strength was also seen in the...
4 Dec 2024
Residual fuel inventories in Fujairah spiked last week, amid thinner arbitrage flows westwards and a slowdown in vessels fueling...
4 Dec 2024
Chinese demand for fossil fuel products from the petrochemical sector is estimated to keep growing before the end of the decade despite a...
4 Dec 2024
Middle distillate stocks in Japan dropped to a one-month low as lower temperatures across northeast Asia underpinned heating demand...
3 Dec 2024
Nominal margins of refining naphtha in Asia continued to weaken this week as cracker turnaround season and cheaper liquified petroleum gas...
3 Dec 2024
Australia's Ampol has completed repairs on the gasoline-making FCC at its 110,000 bpd Lytton refinery, taken offline in November...
3 Dec 2024
Middle East crude were little changed Tuesday as prices moved sideways ahead of the OPEC+ meeting, but jet fuel cracks continued to...
3 Dec 2024
Kazakhstan's crude oil production increased last month after maintenance was completed at the Kashagan field, but remained within it headline OPEC+ quota...
3 Dec 2024
Crude oil futures Tuesday were nudging higher, although benchmarks have largely entered into a holding pattern...
3 Dec 2024
Chinese demand for gasoline and diesel are estimated to drop an average of 3% next year as low-carbon alternatives are expected to displace...
3 Dec 2024
Iraq has been forced to halt operations at its Basra oil refinery with storage tanks full as marketers failed to lift any fuel oil...
3 Dec 2024
Any retalitory tariffs from China on US imports would have a serious damage on Chinese petrochemcial crackers that heavily reliant on cheap...
3 Dec 2024
Crude oil output from core OPEC members increased by 120,000 bpd in November after Libya returned to full capacity, offsetting a reduction...
3 Dec 2024
Oil product exports from Taiwan sank in October against the backdrop of weaker crude runs as refining margins remained thin, government data...
2 Dec 2024
Crude oil futures were higher as tensions in the Middle East were reignited, while China reported improved factory data...
2 Dec 2024
Gasoil margins in Asia continued to retreat at the turn of the month due to counter-seasonal flows of cargoes within the East of Suez market...
2 Dec 2024
Provisional data Monday pointed to a sharp jump in Indian oil demand last month, on track for record highs across transportation fuels...
2 Dec 2024
Middle East crude opened the new month marginally lower as traders wait for the outcome of the OPEC+ meeting, while gasoil margins...
2 Dec 2024
The Pluto LNG facility in northern Australia was restarted over the weekend after nearly a week of downtime...
2 Dec 2024
Efforts to forge the first global treaty on plastic pollution collapsed in Busan over the weekend, as oil-producing nations blocked attempts...
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