Asia Oil Market News & Analysis | Quantum Commodity Intelligence
3 Oct 2024
Middle East crude prices eased back but remain close to one-month highs, while a boost to higher light end stocks in Singapore weighed...
3 Oct 2024
Powerful typhoon Krathon has made landfall in southern Taiwan, bringing heavy rains and strong winds with it, local government warned...
3 Oct 2024
Stocks of light distillates in Singapore grew for the second consecutive week to 15.31 million barrels last week, the highest last seen in...
3 Oct 2024
OPEC's crude output in September tumbled nearly 500,000 bpd after the slump in Libyan output, but Iraq continued to pump way above...
2 Oct 2024
Crude oil futures rowed back from the session's one-month highs which followed Iran's missile attack on Israel, but markets remained on edge...
2 Oct 2024
The OPEC+ Joint Ministerial Monitoring Committee (JMMC) concluded its 2 October meeting but again focusing on compliance levels...
2 Oct 2024
The European commission is set to add to tariffs imposed on Chinese EVs last month in a bid to shield domestic manufacturers from...
2 Oct 2024
Saudi Arabia's energy minister sent a warning shot to OPEC+ coalition members that have been persistently producing above quota...
2 Oct 2024
The OPEC+ producer group is performing a noble job in balancing oil markets and managing price stability, UAE Energy Minister...
2 Oct 2024
East-of-Suez crude prices soared by more than 6% in response to Iran's missile strikes against Israel, with the sharp rally extending...
2 Oct 2024
Inventories of light end of the barrel in Fujairah rebounded sharply last week, more than offsetting a steep draw of refinery bottoms to lift...
2 Oct 2024
Refined oil product inventories in Japan rebounded 3% last week to a three-month high of 63.53 million barrels as local refiners ramped up crude...
1 Oct 2024
Crude oil futures surged higher on the deteriorating geopolitical situation in the Middle East, sparking fears a major expansion in...
1 Oct 2024
A meeting scheduled for Wednesday by members of an OPEC+ technical committee is not expected to make any recommendation...
1 Oct 2024
Arbitrage economics for high sulfur fuel oil cargoes continued to point towards the West of Suez as supply cuts in Europe and weaker spot...
1 Oct 2024
Taiwan has shut its largest ports, grounded flights and reduced some refinery operations as Super Typhoon Krathon...
1 Oct 2024
Middle East crude opened the new trading month lower as faltering demand growth offset political tensions in the region, a move that also pulled margins for...
1 Oct 2024
India's independent refiners are expected to keep moving large volumes of clean oil products abroad after hitting a multi-month high in...
1 Oct 2024
The OPEC+ producer alliance has been strategically reducing oil supplies at the cost of market share, in turn keeping...
1 Oct 2024
Taiwanese oil refiners in August boosted their diesel exports even as crude throughput fell to a four-month low, according to...