Asia Crude Oil News

Crude output in Saudi Arabia rose 1% in September, but stayed below 9 million...

Asian oil markets were in retreat Thursday as the steep build in US crude stocks sent ripples across the market, a move that...

The US Biden administration has extended by four months a sanctions waiver which allows Iraq to continue with purchase of power and gas from Iran...

Crude oil futures Wednesday were sliding lower, as oil benchmarks were unable to hold the week's modest gains after failing to establish...

US crude exports from Gulf Coast terminals have been subjected to additional quality checks after concerns were raised over possible off-spec cargoes...

Asian crude prices were little changed Wednesday as markets struggled to find clear direction so far this week, a move that left gasoil margins back...

The Dubai crude oil benchmark was set Wednesday by the rare nomination of Murban cargoes via the Platts...

ExxonMobil is expected to bring forward maintenance at two of the largest refineries in the US next year..

Kazakhstan's oil and gas output continued to recover through October as the bulk of summer maintenance work was completed, with monthly...

Seasonal gasoline restocking resumed last week in Japan and kerosene fell for the first...

Azerbaijan's crude and natural gas condensate output was largely steady in October as the Caspian state's production hit 25.3 million mt...

Total crude throughput at Chinese refineries in October slid to the lowest level in three months as weak margins dented...

Crude oil futures Tuesday were higher as markets extended the previous session's gains after the latest OPEC and IEA reports helped...

Demand for oil in transport would need fall more than two-thirds by 2050 from 2021 levels to keep global warming close to UN-agreed goals...

The IEA raised its oil demand forecasts for 2023 and 2024 on Tuesday, but warned on a small oil...

OPEC+ crude production edged higher in October with Angola and Kazakhstan posting the largest increase, albeit relatively modest...

QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour crude set to fall...

Crude prices opened the shortened week on a firmer note Tuesday and was playing catchup with Brent after the long Singapore weekend, a...

South Korea's largest oil refiner SK Energy has agreed to spin off its crude oil operation and shipping arm to set up...

Crude oil futures Monday were nudging higher as buyers looked to put a floor under the bearish trend, which initially extended into a fourth week...