Asia Oil Market News & Analysis | Quantum Commodity Intelligence
30 Aug 2024
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments....
30 Aug 2024
Domestic sales of refined oil products in Japan slipped in July to a multi-year low, led by a sharp fall in jet fuel and naphtha sales, as refinery run...
30 Aug 2024
It was another bearish week across the global middle distillate complex with margins in both east and west of Suez retreating to the lowest point last seen in...
29 Aug 2024
Bearishness around the Asian gasoline market continued to mount into the month end, with cracks slipping to a 10-month low as the...
29 Aug 2024
Crude oil futures were climbing higher on renewed supply concerns Thursday as benchmarks recovered following two days of losses...
29 Aug 2024
Iraq is set to undertake its first serious attempt of the year to get to grips with the chronic overproduction that has led it into conflict with...
29 Aug 2024
Turkey's crude oil arrivals slipped 11% on the month in July to a six-month low of 616,000 bpd as elevated crude prices and weaker cracks...
29 Aug 2024
A salvage operation is expected to get underway in a bid to avert a major environmental disaster in the Red Sea...
29 Aug 2024
Middle East crude prices were in retreat again Thursday while Dubai also lost ground against Brent heading into the expiry, while gasoline...
29 Aug 2024
Russia has banned public reporting on industrial output of refined oil products by its statistics ministry, further limiting information...
29 Aug 2024
Lower fuel oil stocks in Singapore continued to weigh on the overall stock availability last week, despite large cargo inflows incentivised by...
28 Aug 2024
Crude oil futures Wednesday were in retreat, with markets so far this week torn between conflicting pricing signals....
28 Aug 2024
A yawning east-west spread in the marine fuel market continued to widen during Wednesday's session, with rallying prices in Singapore...
28 Aug 2024
Socar will shut its STAR refinery on Turkey's west coast for up to two months for maintenance work amid falling refined product margins...
28 Aug 2024
Profits at oil trader Gunvor slipped 48% in the first half of the year as oil market volatility waned, with trade adapting to geopolitical...
28 Aug 2024
Middle East crude prices rowed back Wednesday as markets struggled to hold early-week gains, and gasoline margins dived to an 11-month...
28 Aug 2024
Fuel oil stocks in Fujairah saw a big bounce last week as a net build of over 1 million barrels was recorded through the week, a move that...
28 Aug 2024
The Brent/Dubai EFS, a key metric in comparing Dubai-related crude oil versus grades pricing against the North Sea Brent benchmark, surged...
28 Aug 2024
A steep draw of jet fuel inventories in Japan continued to weigh on the overall product stocks in the country despite crude throughput...
27 Aug 2024
Crude oil futures were sliding lower Tuesday, having initially consolidated the strong gains posted...