Asia Oil Market News & Analysis | Quantum Commodity Intelligence
19 Nov 2024
Jet fuel/kerosene margins continued to firm in Asia during Tuesday's session, with cracks in Singapore hitting their highest levels in...
19 Nov 2024
Authorities in Switzerland have published court documents ahead of the upcoming bribery charges levelled against Trafigura...
19 Nov 2024
Middle East crude prices rebounded from 2024 lows Tuesday while the diesel market arb hit its widest level in a month on the back of...
19 Nov 2024
China's diesel output rose for the third consecutive month in October, reaching 4.23 million bpd, the highest level since May...
19 Nov 2024
Crude oil output at Kazakhstan's giant Tengiz field has been reduced by up to 30% due to unspecified maintenance issues...
18 Nov 2024
Crude oil futures Monday were sharply higher as benchmarks rebounded from the post-US election lows as risk-on sentiment...
18 Nov 2024
East of Suez benchmark Dubai crude tumbled to the lowest level of 2024 Monday, coming just two week's before the OPEC+ gathering...
18 Nov 2024
Marine fuel sales in Fujairah rose in October thanks to a jump in high sulfur fuel demand while low sulfur bunker sales retreated amid ongoing...
18 Nov 2024
Goldman Sachs expects oil prices to average $76/b in 2025 as bearish fundamentals weigh on short-term risks to supply under the new Trump...
18 Nov 2024
Middle East crude opened the week slightly lower as prices remained under pressure, but lower crude prices helped lift gasoil margins...
18 Nov 2024
Azerbaijan's crude oil and natural gas condensate output continued to rise in October after production had dropped to the lowest since ...
18 Nov 2024
China's clean oil product exports fell sharply in October against the backdrop of lower crude runs and an export quota shortage, government data...
18 Nov 2024
Money managers continued to increase net long exposure in gasoline futures last week beyond the six-month-high mark, shrugging off...
15 Nov 2024
Crude oil futures were trending lower Friday, with markets heading for weekly declines after struggling to rebound from the losses...
15 Nov 2024
Marine fuel cracks eased off in Asia and Europe last week as supply constraints have started to work their way out of the system...
15 Nov 2024
Gasoline looked to have found a floor this week as arbs reopened on a signs of tight US market
15 Nov 2024
China is set to cut tax rebates for clean oil product exports, signalling a broader effort by Beijing to rein in fiscal spending as it...
15 Nov 2024
South Korea has officially opened a new LNG and oil tank storage hub in Ulsan this week and is eying to expand the facility to store ammonia...
15 Nov 2024
Kazakhstan's crude oil production dropped in October 2024, impacted by extended maintenance at the Kashagan field...
15 Nov 2024
Middle East crude prices resumed the downward slide Friday to leave benchmarks lower on the week, but product margins were still...