Asia Oil Market News & Analysis | Quantum Commodity Intelligence
12 Nov 2024
OPEC and its allies increased oil production by a modest 30,000 bpd in October, as a sharp rise in Libyan output was largely offset by cuts...
12 Nov 2024
Middle East crude extended losses as cash differentials also continued to slide, a move that offered a boost to margins at the bottom...
12 Nov 2024
An appeals court in the Netherlands has overturned a 2021 ruling that compelled...
12 Nov 2024
Operations have restarted at the Indian Oil Corporation Limited (IOCL) refinery in Vadodara after a deadly fire at a storage tank on Monday...
12 Nov 2024
Kuwait has reduced the Official Selling Price (OSPs) for its main export grade loading in December...
12 Nov 2024
Japan's minority government will extend costly consumer support measures aimed at capping gasoline prices into 2025 as it looks to...
11 Nov 2024
Crude oil futures Monday were sharply lower as benchmarks extended losses following Friday's sharp selloff...
11 Nov 2024
ADNOC Gas delivered robust earnings over the third quarter as rising prices and accelerating global demand bolstered margins...
11 Nov 2024
Middle East crude opened the week lower as markets caught up following the Brent retreat after Asia had closed on Friday, while it...
11 Nov 2024
Diesel car imports into South Korea Plummeted in October as market share continued to fall amid rapid electrification in one of the world's...
11 Nov 2024
Oil refiners in China have increased their intended gasoline exports this month to 950,000 mt from a previous estimate of 800,000 mt, a survey...
8 Nov 2024
Crude oil futures Friday were drifting lower as the threat to US oil fields from Hurricane Rafael faded, limiting weekly gains to around 2%...
8 Nov 2024
International Airlines Group (IAG) delivered a strong performance over the third quarter, financial results showed Friday, as robust summer...
8 Nov 2024
The acute tightness seen across the marine fuel and high sulfur fuel oil markets in recent weeks showed signs of easing last week as...
8 Nov 2024
Sales of passenger cars in China grew strongly in October against the backdrop of Beijing's stimulus to boost consumer spending as it aims to...
8 Nov 2024
Middle East benchmark Dubai crude ended marginally firmer over the week, after a solid start helped to offset...
8 Nov 2024
It was a volatile week for middle distillates as diesel cracks in both Europe and Asia posted multi-week highs early on, although...
8 Nov 2024
Middle East crude prices were marginally lower Friday as benchmarks posted slim weekly gains of under 0.5%, while refined product cracks...
8 Nov 2024
Malaysia's refined oil products output slipped to a five-month low through September amid likely run cuts as producers across the region...
7 Nov 2024
Crude oil futures Thursday were nudging higher, as benchmarks continued to claw back the initial losses following Donald Trump's election victory...