Asia Energy Market News & Analysis | Quantum Commodity Intelligence
6 Dec 2024
Crude oil futures Friday were drifting lower, as OPEC's decision to stick with current policy for now was met with a lukewarm reception...
6 Dec 2024
Middle East benchmark Dubai crude ended the week slightly lower as the further delay in OPEC+ did little to alleviate concerns of an oil surplus...
6 Dec 2024
Pressures continued to weigh on diesel this week, with cracks on both sides of the Suez unravelling most of last month's gains as refiners put an...
6 Dec 2024
East of Suez prices were slightly lower Friday with this week's OPEC+ decision seen as only enough to maintain current prices, a move that put...
6 Dec 2024
Cracks of high sulfur fuel oil in Europe and Asia ended the week in a weaker tone as concerns of oversupply gathered pace while the demand pull...
5 Dec 2024
Crude oil futures were were little changed with the OPEC+ decision to delay planned output increases seen as only moderately supportive...
5 Dec 2024
OPEC+ will maintain current production quotas for at least another full quarter, the OPEC secretariat said in a statement...
5 Dec 2024
East of Suez prices were lower Thursday, tracking the Brent retreat after Asia had closed during the previous session, ***...
5 Dec 2024
Refined oil product stocks in Singapore continued to grow in the past week thanks to a large build in light end stockpile offsetting draws across the...
5 Dec 2024
China's gasoil demand is estimated to drop this month as lower temperatures are to slow industrial activities across the country...
4 Dec 2024
Crude oil futures Wednesday were steady as benchmarks consolidated early week gains on growing expectations that OPEC+
4 Dec 2024
The arbitrage opportunity for high sulfur fuel oil 380 CST barrels to make their way to the East of Suez in the coming month has disappeared as Asia...
4 Dec 2024
Washington has confirmed the latest round of sanctions targeting on 35 entities and vessels that it believes play a critical role in transporting...
4 Dec 2024
Oil production from the 12 core OPEC members increased during November as the continued recovery in Libyan output offset...
4 Dec 2024
East of Suez prices were higher Wednesday as markets caught up with the Brent spike after Asia had closed in Tuesday's session, while the strength was also seen in the...
4 Dec 2024
Residual fuel inventories in Fujairah spiked last week, amid thinner arbitrage flows westwards and a slowdown in vessels fueling...
4 Dec 2024
Chinese demand for fossil fuel products from the petrochemical sector is estimated to keep growing before the end of the decade despite a...
4 Dec 2024
Middle distillate stocks in Japan dropped to a one-month low as lower temperatures across northeast Asia underpinned heating demand...
3 Dec 2024
Nominal margins of refining naphtha in Asia continued to weaken this week as cracker turnaround season and cheaper liquified petroleum gas...
3 Dec 2024
Australia's Ampol has completed repairs on the gasoline-making FCC at its 110,000 bpd Lytton refinery, taken offline in November...