Asia Oil Market News & Analysis | Quantum Commodity Intelligence
29 Oct 2024
Preliminary figures released Monday by the Association of Asia Pacific Airlines (AAPA) showed a 19% increase in international passengers over...
29 Oct 2024
East of Suez crude benchmarks were in retreat for a second session as benchmarks dropped to the lowest level in a month but there was no...
29 Oct 2024
Chinese refiners have ramped up gasoline exports this month, as supplies increased amid higher post-maintenance crude throughput and weaker...
28 Oct 2024
Crude oil futures were sharply lower after Israel's coordinated attacks on Iran avoided oil and nuclear sites...
28 Oct 2024
Thailand's crude oil imports through September recovered from August's 10-month lows as landed volumes were almost 180,000 bpd higher...
28 Oct 2024
Citi has cut its crude oil price forecast after a weekend attack by Israel on Iran, saying it sees the chances of wider conflict affecting the...
28 Oct 2024
China's oil giant PetroChina is shutting down its 410,000 bpd Dalian refinery amid weaker refining margins and is eyeing a new refining...
28 Oct 2024
Iraq has once again reaffirmed its commitment to OPEC+, pledging to cut output and produce within targets set by...
28 Oct 2024
Tight nearby supply in the Asian jet fuel market has seen the spread to gasoil surge to a multi-year high at the start of the week, as rare...
28 Oct 2024
Middle East oil crude prices were lower after what was deemed a relatively muted strike by Israel against Iran, while the Asian regrade...
28 Oct 2024
South Korea may consider extending fuel tax cuts further if the current volatility in the global oil market persists beyond 2024, the...
28 Oct 2024
Weak manufacturing data out of Europe and China during the week ending 22 October prompted investors to add more diesel exposure...
25 Oct 2024
European natural gas prices climbed to around the highest levels of the year Friday on production shortfalls and rising demand...
25 Oct 2024
Crude oil futures Friday were marginally higher as benchmarks headed for modest weekly gains of...
25 Oct 2024
Run cuts could help offset the end of refinery maintenance to support the gasoline complex, at least in the Atlantic basin...
25 Oct 2024
Tight supply has kept the bullish trend running in both of the Asian and European fuel oil markets this week as cracks were on the rise for...
25 Oct 2024
Gasoil margins on both sides of the Suez showed signs of moderate recovery this week, underpinned by lower distillate inventories across...
25 Oct 2024
Middle East oil crude prices were lower with markets catching up with the Brent retreat after Asia had closed in the previous session, while diesel in Asia is...
24 Oct 2024
Refiner Neste was the latest company to see a big drop off in margins last quarter, telling investors Thursday that it saw an average Q3 margin...
24 Oct 2024
Iraq's crude sales were steady last month as it shipped 3.31 million bpd of crude through September, its oil ministry said Thursday...