Asia Oil Market News & Analysis | Quantum Commodity Intelligence
7 Nov 2024
European jet fuel cracks hit three-month highs this week, dimming arbitrage opportunities in the East after spreads tightened to their narrowest...
7 Nov 2024
Asian naphtha margins continued to fall during Thursday's trading as a series of cracker outages across the region are weighing on demand...
7 Nov 2024
Middle East crude prices edged higher Thursday, regaining the previous day's losses, while the products market saw the recent recovery...
7 Nov 2024
Refined product stocks in Singapore rebounded sharply in the past week as light distillate inventories jumped amid gasoline net imports...
7 Nov 2024
Chinese oil product exports dived in October to the lowest level since August 2022 as limited export quotas and low crude runs throttled...
7 Nov 2024
Jet fuel stocks in Japan jumped last week on the back of higher crude throughput as local refiners filled up storage tanks in preparation for...
6 Nov 2024
Crude oil futures were moving sideways Wednesday as the market digested news of a Donald Trump win in US Presidential...
6 Nov 2024
Jet fuel cracks firmed to a fresh high during trade on Wednesday, hitting a four-month high as middle distillate margins continue to firm...
6 Nov 2024
India's diesel demand surged over the month in October, while gasoline sales rose by 5% as subsiding monsoon rainfall spurred increasing...
6 Nov 2024
Adnoc has increased the Official Selling Prices (OSPs) for December-loading crude, with its flagship Murban grade set at...
6 Nov 2024
Middle East crude prices retreated Wednesday as benchmarks surrendered early-week gains, while gasoline cash diffs flipped back into a...
6 Nov 2024
Oil product inventories in Fujairah fell last week as fuel oil stocks recorded a 6% draw over the week amid strong bunker sales while light distillate...
6 Nov 2024
The cost of transporting residual fuel from the Middle East to Singapore rose sharply in recent weeks amid strong fuel oil exports to Asia ...
6 Nov 2024
Saudi Aramco has cut the OSP for its flagship Arab Light crude loading in December, reflecting lower cash cargo premiums...
5 Nov 2024
Crude oil futures Tuesday were higher as benchmarks initially consolidated and then extended the early-week gains...
5 Nov 2024
Diesel cracks in Asia have reached the highest point since the summer as concerns of tighter supply in Q4 came back into focus...
5 Nov 2024
Refinery margins for diesel in northwest Europe are at their widest in about a month, as seasonal maintenance and heating demand...
5 Nov 2024
Global demand for road fuels may have peaked but oil sales will continue to grow over the coming decade due to non-OECD demand…
5 Nov 2024
Middle East crude prices were higher Tuesday as benchmarks strengthened after OPEC+ delayed the planned output hike, while gasoil...
5 Nov 2024
Oil production from the 12 core OPEC members recovered from 2024 lows during October as Libyan output rebounded, while Iraq led the cuts..