Asia Oil Market News & Analysis | Quantum Commodity Intelligence

Residual fuel stocks in the Middle Eastern storage hub at Fujairah rebounded last week to hit their highest levels since mid-June, with the...

Refined oil product stocks in Japan continued to recover as higher crude throughput boosted light end and middle distillate inventories, offsetting a...

Crude oil futures in European morning hours Tuesday were slightly lower as benchmarks struggled to build on early week gains...

OPEC made further downward revisions to their forecast for global oil demand growth in 2024 on Tuesday, marking the cartel's second...

Oil markets have become increasingly desensitised to geopolitical events with sluggish demand growth and low refining margins...

Middle East crude markets were again under pressure Tuesday as Dubai posted fresh 2024 lows, but HSFO backwardation steepened amid...

Azerbaijan's crude oil output slipped to its lowest level in over four years last month as crude and condensate slipped 6% on the month to...

China's third batch of clean oil product export quotas this year is said to be small as crude throughput is expected to...

Malaysia's refined oil product output pulled back hard from June's record highs in July, with the Southeast Asian state seeing production...

OPEC and its allies trimmed back production in September as field maintenance in Kazakhstan and political upheaval in Libya...

China's crude oil imports rebounded sharply in August as refiners braced for the peak summer demand season, the latest government data...

Iraq's State Oil Marketing Organization (SOMO) has reduced Official Selling Prices (OSP) on its key export grade for Asia in October...

Crude oil futures Monday were edging higher with benchmarks rebounding from yearly lows as traders eyed the latest storm threatening the US Gulf coast...

The Hi5 spread reversed its recent rally at the start of the week in Asia, pulling back sharply during the session at high sulfur fuel oil...

Middle East crude opened the week lower as markets caught up with the Brent retreat after Asian markets had closed Monday, a move...

Global airline capacity is expected to reach 505.5 million seats in September, representing a 5.2% increase on the year of around 25 million seats...

Selling pressure in crude oil spiked last week on expectations global demand would not grow as fast as previously expected in the second...

Crude oil futures Friday tumbled to fresh yearly lows after investors largely shrugged off the OPEC+ decision to defer...

Saudi Aramco has reduced the Official Selling Price (OSP) for the flagship Arab Light crude loading in October...

Middle East crude benchmarks extended the summer-long downwards trend as broader macroeconomic concerns outweighed any...