Asia Oil Market News & Analysis | Quantum Commodity Intelligence

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

Crude oil futures Friday were sharply lower as a pre-weekend selloff largely eroded the gains from four consecutive increases...

Short-term strength in the European gasoline market started to give up some of its recent gains, while a seasonal uptick in Asian...

OPEC+ appears poised to postpone its planned production increases, according to analysis released Friday by ANZ Research, as members...

The marine fuel 0.5% sulfur east-west spread narrowed to its lowest level since May this week, reflecting weaker demand and ample...

Diesel margins soared to fresh heights in West of Suez markets this week as surging demand compounded supply concerns to tighten market...

Russia has extended gasoline export permits for refiners until 31 August, maintaining exemptions for producers despite earlier discussions...

Middle East crude posted moderate gains to halt a run of four weekly losses, but benchmark Dubai remained locked in a tight range...

Middle East crude markets were little changed heading into the weekend as they consolidated moderate weekly gains, while HSFO...

Eneos, Japan's largest refiner, has shut a 141,000 bpd crude distillation unit (CDU) at its Sakai refinery following a fire on 17 February...

Mercuria has signed a deal with Oman to lift 800,000 metric tonnes per annum, starting in April 2025...

Crude oil futures Thursday were firmer, as markets extended the week's solid upwards trend...

Phillips 66 has leased a new floating storage unit (FSU) off Singapore in the Malacca Straits for fuel oil storage, Reuters reported Thursday...

Italian prosecutors have launched a terrorism investigation into explosions that have struck oil tankers carrying Russian crude, as a series...

Structure at the front of the Singapore HSFO 380 CST paper curve firmed further during Thursday's window as the M1/M2 spread hit its widest...

Saudi Arabia's Crown Prince and Russia's President have held talks this week in a call that is likely to have a strong bearing on the next...

Middle East crude markets were pegged back slightly on Thursday but remained at the higher end of the February trading range...

Petrochemical product output in Japan slid in the first month of the year amid ongoing cracker maintenance and poor margins amid rising competition...

Singapore's fuel oil stocks dropped to a three-week low of 18.9 million barrels last week as net imports shrank to 226,000 mt compared...

The faltering economic recovery in China is expected to limit refined oil product exports for the rest of 2025 as tight government budgets have already seen...