Asia Oil Market News & Analysis | Quantum Commodity Intelligence

4 Sep 2024
A second monthly OPEC survey has found Iraq again produced significantly above its quota in August, which left overall output from...
4 Sep 2024
Oil product inventories in Japan inched slightly higher last week thanks to gasoil surplus offsetting an increasingly light end supply tightness as...
3 Sep 2024
Crude oil futures Tuesday were sharply lower as concerns over sluggish demand growth offset events in Libya, while reports of a potential deal...
3 Sep 2024
Diesel arbitrage economics have started to point back toward Europe at the end of the summer, with the gap between ARA and Singapore...
3 Sep 2024
India's state-owned Oil and Natural Gas Corp. (ONGC) has initiated plans for a multibillion-dollar refinery and petrochemical project in Uttar Pradesh to capture the nation's growing fuel demand....
3 Sep 2024
Middle East crude prices were little changed Tuesday with traders again waiting for confirmation of the planned increase in...
3 Sep 2024
Oil production from the 12 core OPEC members dropped during August led by the reductions from Libya, while Iraq and...
2 Sep 2024
Crude oil futures Monday were consolidating at lower levels after reports indicating OPEC+ would increase output in October...
2 Sep 2024
Russia complied with its crude production quota last month under the terms of the OPEC+ agreement...
2 Sep 2024
Two oil tankers have been targeted by missile strikes in the Red Sea in the latest incident to force commercial shipping out of the...
2 Sep 2024
Gasoline prices in Singapore continued to slide at the start of the month, with spot price and balmo paper now at the lowest they have been in...
2 Sep 2024
Middle East crude markets opened the new month lower with traders pricing in a likely October hike in OPEC+ output, while in the products...
2 Sep 2024
Saudi Aramco has raised its LPG contract prices for importers in Asia amid an expected upward demand swing in the autumn, despite...
30 Aug 2024
OPEC+ is likely to go ahead with planned production increases from October, according to a Reuters report...
30 Aug 2024
Crude oil futures Friday came under heavy selling pressure following reports that OPEC+ was set to go ahead with planned...
30 Aug 2024
Strength in the marine fuel oil market persisted  through the week as tight supply in Singapore looked likely to persist, while the high...
30 Aug 2024
The average price for Middle East Dubai retreated sharply in August versus the previous month, as concerns over...
30 Aug 2024
Gasoline refining margins tumbled while structure crunched this week as traders focussed on the impending shift to the cheaper...
30 Aug 2024
Beijing has released a provisional set of standards to regulate its fuel transportation sector after a recent scandal shocked the country and...
30 Aug 2024
Middle East crude prices rebounded Friday as Dubai closed out the month on a firmer footing, while the selloff in gasoline and middle...
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