Asia Oil Market News & Analysis | Quantum Commodity Intelligence

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...

The new front-line Dubai crude contract opened the month at fresh 2025 lows, while middle distillate cracks were looking weaker...

A fire broke out at the Ufa oil refinery in Russia's Bashkortostan region early Monday, with authorities citing a technical malfunction...

China's demand for refined oil products this year is expected to slide 2% from 2024 as the retreat of road fuel demand would more than outstrip...

Crude oil futures Friday were trending lower with the threat of a tariffs-led global trade war dampening sentiment...

Middle East crude resumed the downward trend over the past week, although benchmark Dubai continued to outpace Brent massively...

Iraq's government said Kurdish oil exports via the Ceyhan pipeline were set to resume...

Diesel margins fell under pressure in the West of Suez market this week as swelling inventories in the US and warming temperatures helped to...

Tightness in Asia's HSFO market persisted as the paper curve steepened to its highest in multiple years, even as spot prices and cracks softened from recently elevated levels...

Dubai crude posted a strong finish on the final session of February, while marine fuel cracks held at eight-month lows....

Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...

Demand for refined oil products in Japan declined in January, falling below year-ago levels as sluggish naphtha and gasoline sales weighed...

Eni kept output steady in the fourth quarter, but refining and LNG earnings took a hit as weaker margins eroded profitability...

President Donald Trump plans to up the tariff rate on Chinese goods entering the US to 20% from next...

Saudi Aramco has reduced its official selling prices for propane and butane for March, setting them at $615/mt and $605/mt respectively for...

Bullishness in the Asian HSFO market persisted during Thursday's session, with cracks hitting fresh highs and the paper curve steepening...

Crude oil futures were climbing higher after US President Donald Trump announced a reversal of an operating licence on Chevron's Venezuelan...