Asia Crude Oil News

1 Nov 2023
Asian crude prices Wednesday opened the new month lower with benchmark Dubai now back to levels prior to the 7 October Hamas attack...
1 Nov 2023
Seasonal restocking gathered pace last week in Japan with sharp builds in gasoline, naphtha...
1 Nov 2023
Sri Lanka is set to award a multi-billion dollar contract for Sinopec to construct the country's second oil refinery...
1 Nov 2023
Chinese demand for refined oil fuel products is expected to jump in the fourth quarter of this year, according to a top executive from...
31 Oct 2023
Crude oil futures Tuesday were again drifting lower, extending the week's losses after slumping by around 3%...
31 Oct 2023
India will cut the export duty on diesel exports by half from November 1, while it will remove the levy on jet fuel entirely...
31 Oct 2023
Turkey's crude oil imports jumped to a three-month high in September despite an ongoing dispute with the regional Kurdish government of neighbour Iraq that has crimped flows for much...
31 Oct 2023
The monthly average price for benchmark Middle East Dubai was lower in October versus September versus August, as initial gains...
31 Oct 2023
Asian crude prices were sharply lower Tuesday with Dec23 Dubai registering a weak performance on expiry day, while gasoil cracks were able...
31 Oct 2023
Gasoline and diesel deliveries in Japan were both higher on the year in September...
31 Oct 2023
The contango structure of naphtha prices in Asia deepened this week as...
31 Oct 2023
An ageing oil tanker being used for floating production storage and offloading (FPSO), which exploded and sunk off the coast of Nigeria in...
30 Oct 2023
Crude oil futures Monday were in retreat following the previous-session's late rally, but markets remain on edge...
30 Oct 2023
Asian crude prices Monday were slightly higher as Dubai staged something of a recovery after coming under pressure in...
27 Oct 2023
Crude oil futures on Friday were higher on concerns of a wider regional conflict in the Middle East after US forces conducted strikes...
27 Oct 2023
US-based energy company ExxonMobil has left its estimate for oil production...
27 Oct 2023
Asian crude oil markets retreated by around 4% over the week with fears over a wider Middle East conflict initially easing...
27 Oct 2023
Mobility data tracking Chinese residents moving in and out of major cities in China has fallen sharply towards the end of the month as...
27 Oct 2023
Asian crude prices Friday were lower with benchmark Dubai heading into a sluggish expiry, a move that helped gasoline margins continue...
27 Oct 2023
US oil major Chevron produced a record volume of fossil fuels in Q3 on the...
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