Asia Crude Oil News

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...

Middle East benchmark Dubai crude slumped to two-year lows Tuesday after OPEC+ confirmed it would proceed with output hikes, while...

Taiwan's diesel exports doubled in January despite lower crude throughput weighing on gasoline outflows, government data showed Tuesday...

More Venezuelan crude oil could head to China in the coming months via the so-called dark fleet market as US President Trump axed Chevron's licence to...

Goldman Sachs warned of downside risks to oil prices as eight OPEC+ countries move to unwind voluntary production cuts earlier than...

The US imposed 25% tariffs on imports from Canada and Mexico on Tuesday, triggering swift retaliation from Ottawa and raising the...

Retaliatory tariffs emerging from the ongoing trade war could add to demand uncertainty for the American...

Eight OPEC+ countries representing a combined 30.5 million bpd of crude output said Monday they will stick with previous guidance...

Crude oil futures opened the week little changed despite a brief boost from China, as short-term direction remains highly uncertain amid tariffs...

Middle East benchmark Dubai retreated in February, sinking back below the key $80/b level ahead of first major OPEC+ decision of the year...

Turkey's crude oil imports were 2% lower than a year before in January, with monthly government data showing roughly 556,000 bpd...

The new front-line Dubai crude contract opened the month at fresh 2025 lows, while middle distillate cracks were looking weaker...

A fire broke out at the Ufa oil refinery in Russia's Bashkortostan region early Monday, with authorities citing a technical malfunction...

China's demand for refined oil products this year is expected to slide 2% from 2024 as the retreat of road fuel demand would more than outstrip...

Crude oil futures Friday were trending lower with the threat of a tariffs-led global trade war dampening sentiment...