Asia Oil Market News & Analysis | Quantum Commodity Intelligence
24 Oct 2024
Crude oil futures Thursday were nudging higher, cementing the week's gains as geopolitical tensions continued to underpin...
24 Oct 2024
US investment bank JPMorgan is looking at a return to physical LNG after exiting the market a decade ago...
24 Oct 2024
East of Suez crude markets extended the week's firmer tone as benchmark Dubai posted the highest price since mid-month, while...
24 Oct 2024
Freight rates for shipping clean oil products in 25,000-40,000 mt tankers across key delivery hubs in Asia have spiked since the start...
24 Oct 2024
Fuel oil stocks in Singapore soared 12% last week to the highest level last seen this summer as imports continued to grow, more than...
23 Oct 2024
East of Suez crude markets were higher Friday as benchmark Dubai posted the biggest daily gain in three weeks, while the fuel oil market...
23 Oct 2024
Crude oil futures Wednesday were in retreat, but managed to hold on to most of the back-to-back daily increases of 2%...
23 Oct 2024
Goldman Sachs has maintained its average price outlook for Brent crude futures at $76/b during 2025...
23 Oct 2024
Middle distillate availability dropped in Fujairah last week to offset smaller builds in light end and fuel oil inventories in the week to 22...
23 Oct 2024
Brokerage BGC has bought rival OTC, the owner of Oil Brokerage, in a deal that has seen the wave of deals between cash-rich brokerages in the...
23 Oct 2024
Japan's refined oil product stockpile continued to swell last week amid poor demand despite refinery runs falling 3% on the week...
23 Oct 2024
South Korea has further extended its oil product sale tax cut until the end of this year as the policy marks its two-year anniversary but the rate...
22 Oct 2024
Crude oil futures were higher, having overturned earlier losses as focus stayed on the Middle East...
22 Oct 2024
Australian refiner Viva Energy has asked for state support as cracks have come under pressure, with the company seeing a...
22 Oct 2024
A fire at Socar's 120,000 bpd Baku refinery has been extinguished after breaking out earlier in the day, according to local media reports...
22 Oct 2024
Southeast Asia's oil demand will grow 50% by the middle of the century, with higher personal transport use in a richer and more...
22 Oct 2024
Tight nearby availability of high sulfur fuel oil in Southeast Asia has seen paper cracks bid up again during Tuesday's trading session...
22 Oct 2024
East of Suez crude markets were little changed Tuesday as markets looked for direction, while there was firm bidding on show in the...
22 Oct 2024
Egypt is set to extend its LNG cargo buying spree into the first quarter of 2025 as the North African country continues to...
22 Oct 2024
China has issued a larger crude oil import quota for non-state importers at 257 million mt next year, equating to an average of 5.14 million bpd, the...