Asia LPG News

6 Jun 2024
Indian consumption of both gasoline and diesel soared to new highs last month as a general election...
6 Jun 2024
Quantum Commodity Intelligence – East of Suez crude prices recovered some lost ground Thursday but oil markets remain cautious, while weak...
5 Jun 2024
Crude oil futures Wednesday were edging higher as benchmarks looked for a support floor after sustaining heavy losses of up to 6%...
5 Jun 2024
East of Suez crude prices steadied Wednesday after slumping 5% early in the week after OPEC+ announced it would start unwinding cuts...
5 Jun 2024
Taiwan's Formosa Petrochemical Corp is set to lower crude run rates this month as export margins for...
4 Jun 2024
Crude oil futures Tuesday were again under pressure following the 3.5% retreat in the previous session after OPEC+ published plans...
4 Jun 2024
Benchmark Middle East crude markets slumped almost 5% Tuesday as investors continued to react negatively to the weekend OPEC+...
3 Jun 2024
Crude oil futures Monday were sharply lower as investors shrugged off the OPEC+ extension to current output quotas, instead focusing on...
3 Jun 2024
The price of propane sold by Saudi Aramco to its customers in Asia passed butane levels for the first time since July, with propane prices...
3 Jun 2024
Middle East crude prices started the new month marginally lower as the weekend's OPEC+ meeting did little to move the needle either...
31 May 2024
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments
31 May 2024
Crude oil futures in Friday remained under pressure for much of the session, although reports that the OPEC meeting was being switched...
31 May 2024
Pressure ramped up on gasoline this week as rising excess supply looks set to outpace a lacklustre summer driving season...
31 May 2024
Quantum Commodity Intelligence – East of Suez crude prices Friday were lower for a second session although Dubai still managed to post a weekly gains, while...
31 May 2024
Quantum Commodity Intelligence – Peak spring refinery maintenance season in Japan saw its domestic oil product sales dropping further...
30 May 2024
Crude oil futures Thursday resumed downwards trend despite US data revealing a larger-than-expected draw on crude stocks...
30 May 2024
East of Suez crude prices Thursday were lower as the early-week rally ran out of steam, although that selloff was not enough to halt gasoline...
29 May 2024
Crude oil futures Wednesday initially extended the week's to more than 3%, before the four-session rally ran out of steam as inflationary concerns...
29 May 2024
East of Suez crude extended the week's solid gains Wednesday as prices rose for a third straight session, while the jet curve finally...
29 May 2024
The sharp correction in European gasoline has helped open export arbs again for some regional producers...
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