Asia Oil Market News & Analysis | Quantum Commodity Intelligence

The global energy sector is unprepared for a complete transition away from fossil fuels, according to Masdar Chief Executive Officer...

Crude oil futures Wednesday steadied after the previous-session's sharp selloff that left benchmarks languishing at around 2025 lows...

Fujairah's refined product inventories climbed to 20.4 million barrels in the week to 26 February, reaching their highest level since June 2024...

Middle East crude extended the broader decline as prices slipped to near-2025 lows on Wednesday, while the front month naphtha paper...

The US State Department has called for the resumption of crude oil exports from northern Iraq to the Turkish port of...

Crude oil futures Tuesday were slightly lower as markets struggled to hold the previous session's late gains...

Energy major BP has signed an agreement with the Iraqi government to invest in several major upstream projects around Kirkuk...

The US wants to impose new fees and take other actions on Chinese players in the global maritime, logistics...

Middle East crude rebounded after the US announced a new round of sanctions aimed at Iran, while the diesel EFS widened further...

Middle East crude opened the week lower as prices caught up with the pre-weekend Brent selloff after Asia had closed, with the move help...

Energy consultancy Wood Mackenzie expects Brent prices to average at just below current levels this year, as new production...

India's crude oil imports surged to an eight-month high in January, according to government data released Monday, even as product exports...

The marine fuel 0.5% sulphur East-West spread narrowed to $30.25/mt, its lowest level since August 2022, as declining Singapore price...

Crude oil futures opened the week little changed as markets steadied following Friday's selloff that wiped out the week's gains...

Iraq has again reaffirmed its commitment to OPEC+ and to stick within quota guidelines during 2025, which includes a series of compensation...

The European Union announced on Monday that it has suspended sanctions on Syria, potentially paving the way for additional supplies to enter a...

The Kurdistan Regional Government (KRG) said on Sunday it has reached agreement with federal capital Baghdad to restart crude exports...

Goldman Sachs expects US crude output to rise only slightly despite Donald Trump's threat of import tariffs as domestic refiners will...

Ampol's refining business took a heavy hit in 2024 as weaker margins and operational disruptions at its Lytton refinery squeezed earnings...

Optimism around peace talks ending Russia's war in Ukraine triggered an exodus of bullish speculators in the crude oil futures market...