Asia Oil Market News & Analysis | Quantum Commodity Intelligence

Middle East crude extended the six-week downwards trend with oil prices hammered down the lowest levels seen in the post-Covid period...

Kazakhstan has tasked oil majors operating in the country with cutting output as the country struggles to meet its OPEC+ production...

China's crude oil imports fell 3% in the first two months of 2025 from a year earlier, as port restrictions in Shandong and higher freight...

Dubai crude bounced off three-year lows Friday but the Middle East marker was still heading for heavy weekly losses, while the selloff in...

Saudi Aramco on Friday reduced the Official Selling Price (OSP) for its flagship Arab Light crude loading in April, reflecting the...

Crude oil futures Thursday were pulling away from multi-year lows, finding some support after the week's sharp selloff...

India's consumption of refined oil products rebounded in February, provisional data showed Thursday, with steep increases in LPG, gasoline...

Singapore's fuel oil stocks slumped 12% last week to their lowest levels since October amid tight supply of HSFO in the region that has...

Asia Pacific airlines witnessed sustained growth in international passenger markets at the start of the year as leisure travel surged during the...

China's refined oil product exports this quarter are projected to be significantly lower than last year as poor refining margins continued to weigh on...

The trading desk of the UAE's Adnoc made its debut in the Platts Dubai Market on Close (MOC) window on Thursday...

Dubai slumped to fresh three-year lows as the Middle East market played catch-up with Brent, while the selloff in marine fuel showed no...

China's road fuel consumption is expected to drop at least 50% from current levels by the end of the next decade, as oil demand peaks this...

Oil production from the 12 core OPEC members increased for the first time in three months during February led by gains in...

Crude oil futures continued to struggle with benchmarks left battered after OPEC+ production hikes and huge uncertainty...

Hong Kong-based CK Hutchinson has agreed to sell its controlling stakes in two key ports on the Panama Canal...

Indonesia plans to build a new 500,000 bpd refinery capable of processing both domestic and international crude grades...

Vitol announced on Tuesday that it had signed a long-term deal with LNGPH to supply the Philippines with LNG for the next decade...

Middle East benchmark Dubai crude rebounded Wednesday, moving back above Brent, while margins for residual fuels continued to slump...

Emergency services extinguished a major fire at Azerbaijan's Heydar Aliyev oil refinery on Wednesday...