Asia Oil Market News & Analysis | Quantum Commodity Intelligence

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

Fujairah's refined product inventories fell to 18.9 million barrels in the week to 5 March, down 8% week-on-week, as declines in light distillates...

The OPEC+ move to start unwinding cuts from April was driven by in-house wranglings over compliance rather than external political factors...

Kerosene inventories in Japan dropped further towards the tail end of February as the end of peak winter heating season saw local refiners...

Crude oil futures Tuesday extended losses after OPEC+ confirmed it would go ahead with output increases, sinking benchmarks to...

Marine fuel prices in Singapore fell to their lowest in more than three-and-a-half years on Tuesday as weaker global trade and rising tariffs...

Crude oil output from core OPEC members ramped up to the highest level in more than a year, driven by gains from Iraq, Venezuela...

The world's largest energy company, Saudi Aramco, reported second consecutive decline in annual profits, although still banked in excess of...

Middle East benchmark Dubai crude slumped to two-year lows Tuesday after OPEC+ confirmed it would proceed with output hikes, while...

Taiwan's diesel exports doubled in January despite lower crude throughput weighing on gasoline outflows, government data showed Tuesday...

Abu Dhabi's Adnoc and Austria's OMV have agreed terms to merge their polyolefin businesses to create one of the largest petrochemical companies in the world

More Venezuelan crude oil could head to China in the coming months via the so-called dark fleet market as US President Trump axed Chevron's licence to...

Goldman Sachs warned of downside risks to oil prices as eight OPEC+ countries move to unwind voluntary production cuts earlier than...

Retaliatory tariffs emerging from the ongoing trade war could add to demand uncertainty for the American...

Eight OPEC+ countries representing a combined 30.5 million bpd of crude output said Monday they will stick with previous guidance...

Asian jet fuel cracks fell to a two-month low Monday as the end of peak heating season freed up kerosene supplies, increasing availability...

Australia's road fuel consumption was sharply lower in December, official data revealed on Monday, as industrial output entered its...

Crude oil futures opened the week little changed despite a brief boost from China, as short-term direction remains highly uncertain amid tariffs...

Middle East benchmark Dubai retreated in February, sinking back below the key $80/b level ahead of first major OPEC+ decision of the year...

Turkey's crude oil imports were 2% lower than a year before in January, with monthly government data showing roughly 556,000 bpd...