Asia Crude Oil News

Indonesia plans to build multiple new oil refineries with a total capacity of 1 million barrels per day, doubling previous targets, Energy Minister...

Crude prices are likely to move in the $60-$80/b range during 2025 with prices moderated by global trade concerns and slower growth...

Crude oil futures staged another volatile session Monday with Brent slipping back below the $70/b mark...

Officials in Iraq are targeting a March restart of crude exports via the troubled Kirkuk-Ceyhan pipeline, although complications could still...

Middle East crude prices continued to pull away from recent multi-year lows although trading activity remains cautious, while there...

Crude production from OPEC+ was sharply higher in Feb. as the producer alliance overshot its collective output ceiling for the first time in...

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...