Asia Oil Market News & Analysis | Quantum Commodity Intelligence

Crude oil futures Wednesday extended the week's firmer tone as supply side concerns came back into focus...

The diesel EFS widened to levels last seen in April during trade on Wednesday as European market strength and closed Transatlantic arbitrage...

Strengthening HSFO cracks in the East of Suez market have drawn increased arbitrage flows from Russia and the Middle East...

A potential ceasefire in Ukraine would unlikely increase Russian oil exports even with easing sanctions, analysts at Goldman Sachs said...

Fujairah's refined product inventories slipped 1% in the week to 19 February, falling to 19.9 million barrels as a sharp decline in light distillates...

Middle East crude markets moved higher Wednesday, breaking out of the recent narrow trading range, while the diesel EFS widened...

The Hi5 spread crunched to a record low this week in China on mixed fortunes for high and low sulfur bunkering fuel...

Swiss-based trading reported lower earnings for a second year as the decline in the commodities and mining sectors continued to weigh...

Oil product inventories in Japan dropped across the barrel during the week to 15 February despite a rebound in crude throughput, data...

Japan's crude oil imports in January rose 8% on the year to 2.63 million bpd...

Australia's refinery output hit its highest level since early 2022 in December, with production bolstered by a big jump in imported volumes...

Japan is pushing for refinery modernisation and a broader crude import portfolio as part of its latest energy strategy published Tuesday...

Crude oil futures were nudging higher for a second session with investors watching a number of moving parts and conflicting price signals...

Saudi Arabia's refinery operations ramped up significantly in December following seasonal maintenance, even as crude production...

Russia's Energy Ministry is seeking to extend gasoline export exemptions for refiners until August, contradicting earlier calls for...

European naphtha markets have rallied significantly over recent weeks, with robust petrochemical demand and improved gasoline...

OPEC+ is considering a further postponement in planned production increases, according to Bloomberg, although Russia said...

Middle East crude nudged higher during Tuesday's session while the naphtha east-west continued to weaken amid strength in the European market...

Transneft warned crude flows through the Caspian Pipeline Consortium (CPC) could fall by as much as 30% for up to two months after a...

Sanctioned oil tankers carrying Russian-origin cargoes continued to discharge at ports in Shandong province despite a recent ban...