Asia Oil Market News & Analysis | Quantum Commodity Intelligence

30 Sep 2024
Crude oil futures opened the week on a firmer footing following an escalation in Middle East geopolitics...
30 Sep 2024
Refined oil product sales in Japan rose in August on the back of strong summer appetite with the combined volume hitting a four-month high of...
30 Sep 2024
Libya's eastern parliament has approved a deal to appoint the head of its central bank...
30 Sep 2024
China kicked off its week-long national holiday this week with an estimated 1.94 billion journeys during the Golden Week...
30 Sep 2024
Middle East crude closed out the final trading day of the quarter slightly higher, but still booked monthly losses of over 6%, while the product side saw...
30 Sep 2024
Preliminary figures released Monday by the Association of Asia Pacific Airlines (AAPA) showed a 22% increase in international passengers over...
27 Sep 2024
UN talks on decarbonising the shipping sector made progress on some key strands this week, but uncertainty remains on the extent proposals will ever be legally binding...
27 Sep 2024
Crude oil futures in Friday were drifting sideways as traders waited on further confirmation that OPEC kingpin Saudi Arabia and its allies...
27 Sep 2024
asoline gave back most of its short-lived gains this week as Europe shifted to lower-spec winter grades, while another hurricane
27 Sep 2024
Chinese buying of marine fuel kept Asian prices elevated this week and the arb is pulling Europe along with it, while tight HSFO availability...
27 Sep 2024
Middle East benchmark Dubai crude retreated over the week, after reports that OPEC+ kingpin Saudi Arabia and allies were planning to...
27 Sep 2024
Asian oil markets edged up Friday after the previous session's slump, with gasoil backwardation firming to levels not seen...
27 Sep 2024
The paper curve backwardation for low sulfur diesel in Europe has gotten steeper this week as the autumn refinery maintenance season kicked in...
26 Sep 2024
Crude oil futures were sharply lower following a report that Saudi Arabia was set to sideline its alleged $100/b price target...
26 Sep 2024
OPEC+ is likely to go ahead with planned production increases from December, according to a Reuters report...
26 Sep 2024
Global diesel cracks and timespreads have been boosted by interventions from both the US and Chinese federal banks in the last week...
26 Sep 2024
HSFO prices out into the new year were hit by market talk of Saudi Arabia's determination to bring back heavy crude production in...
26 Sep 2024
Asian oil markets tumbled Thursday following a UK newspaper report that Saudi was set to ramp up crude production for 2025, a move that...
26 Sep 2024
Residual fuel tightness in Singapore worsened last week as stocks for the refinery bottom had one of the sharpest draws this year to the lowest...
26 Sep 2024
Saudi Arabia is set to start increasing oil output from December after sidelining its nominal price target, according to a report in...
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