Asia Crude Oil News

Crude oil futures steadied on Friday and were climbing higher at the tail end of a bruising week that left benchmarks heading for a 3% loss...

Kazakhstan has tasked oil majors operating in the country with cutting output as the country struggles to meet its OPEC+ production...

China's crude oil imports fell 3% in the first two months of 2025 from a year earlier, as port restrictions in Shandong and higher freight...

Dubai crude bounced off three-year lows Friday but the Middle East marker was still heading for heavy weekly losses, while the selloff in...

Saudi Aramco on Friday reduced the Official Selling Price (OSP) for its flagship Arab Light crude loading in April, reflecting the...

Crude oil futures Thursday were pulling away from multi-year lows, finding some support after the week's sharp selloff...

The trading desk of the UAE's Adnoc made its debut in the Platts Dubai Market on Close (MOC) window on Thursday...

Dubai slumped to fresh three-year lows as the Middle East market played catch-up with Brent, while the selloff in marine fuel showed no...

Oil production from the 12 core OPEC members increased for the first time in three months during February led by gains in...

Crude oil futures continued to struggle with benchmarks left battered after OPEC+ production hikes and huge uncertainty...

Hong Kong-based CK Hutchinson has agreed to sell its controlling stakes in two key ports on the Panama Canal...

Indonesia plans to build a new 500,000 bpd refinery capable of processing both domestic and international crude grades...

Middle East benchmark Dubai crude rebounded Wednesday, moving back above Brent, while margins for residual fuels continued to slump...

Beijing said it would ramp up strategic reserves of key commodities, including fuels and food, as trade tensions with the US heat up after the two countries...

Emergency services extinguished a major fire at Azerbaijan's Heydar Aliyev oil refinery on Wednesday...

The OPEC+ move to start unwinding cuts from April was driven by in-house wranglings over compliance rather than external political factors...

Kerosene inventories in Japan dropped further towards the tail end of February as the end of peak winter heating season saw local refiners...

Crude oil futures Tuesday extended losses after OPEC+ confirmed it would go ahead with output increases, sinking benchmarks to...

Crude oil output from core OPEC members ramped up to the highest level in more than a year, driven by gains from Iraq, Venezuela...

The world's largest energy company, Saudi Aramco, reported second consecutive decline in annual profits, although still banked in excess of...