Asia Oil Market News & Analysis | Quantum Commodity Intelligence
20 Sep 2024
Crude oil futures Friday were little changed, heading for a rare consecutive weekly gain as markets looked to have finally halted...
20 Sep 2024
Middle East benchmark Dubai crude continued to pull away from the yearly lows registered earlier this month, albeit in what was only the second...
20 Sep 2024
Gasoline added to recent gains this week as supply was seen tightening, with cash diffs hitting fresh highs...
20 Sep 2024
Diesel cracks rebounded strongly in Europe this week, jumping $2/b from a...
20 Sep 2024
Fuel oil margins firmed through the week as China moved to shut a loophole that has seen HSFO used as a refinery feedstock, with the move...
20 Sep 2024
The rebound in Asian crude prices came to a halt with the uplift from the Federal Reserve 50bp rate cut now largely priced in, while the refined...
20 Sep 2024
Beijing has granted the third allocation of refined oil product export quotas for 2024, issuing 9 million mt to Chinese exporters in a move...
20 Sep 2024
China's crude oil imports marked as Malaysian origin surpassed those from Saudi Arabia last month as refiners sought cheaper barrels...
20 Sep 2024
Cargo arrivals of residual fuel in China last month surged as refiners scrambled to clear customs ahead of a major tax policy shift from...
19 Sep 2024
Crude oil futures Thursday were climbing higher, despite the initial muted reaction to the Federal Reserve's much-heralded...
19 Sep 2024
European natural gas prices tumbled to multi-month lows Thursday on reports that Ukraine is close to an agreement for the transit of gas...
19 Sep 2024
Asian gasoline prices have started to see some significant upside in recent sessions as the market tracks wider global trends higher, with the...
19 Sep 2024
Saudi Arabia's crude production rebounded from recent lows in July, but remained capped by the recently extended OPEC+ production agreement...
19 Sep 2024
East of Suez crude prices climbed higher Thursday following the global trend, while the recovery in gasoline persisted as cracks touched a...
19 Sep 2024
Japan's petrochemical product output further increased in August as crackers kicked up run rates ahead of key demand seasons for...
19 Sep 2024
QatarEnergy has awarded its monthly Al Shaheen tender for November at sharply higher premiums, signalling a pick up in spot...
19 Sep 2024
Refined oil product inventories in Singapore were steady over the week as residual fuel stocks saw a large build over the week that offset a drop...
19 Sep 2024
Japanese oil refiners continued to ramp up crude runs last week, further easing the domestic jet supply shortage since the summer while...
19 Sep 2024
China's middle distillate output rose in August as refiners increased yield to meet stronger jet fuel demand while gasoline production eased...
18 Sep 2024
Crude oil futures were slightly lower Wednesday as investors gave a muted reaction after the US Federal Reserve announced a 50bps cut....