Asia Crude Oil News

Dubai's Department of Petroleum Affairs has set the OSP for Dubai crude loading in November at parity to the average settlement of Oman...

Asian crude prices Wednesday eased for a second session amid the broader malaise on oil markets, while gasoline...

Japan's distillate stocks jumped last week as domestic refinery runs were broadly flat over the period...

US crude oil stocks fell by over 2 million barrels in the week ending 18 August...

Traffic on the Suez Canal appeared to be flowing normally on Wednesday after a collision between two tankers had...

The Chinese government has decided to continue exempting tax on trading profits...

Crude oil futures Tuesday were slightly lower as oil benchmarks consolidated at the week's lower levels, with concerns over...

Iraq and Turkey have failed in their latest bid to resolve the dispute which has halted around 450,000 bpd of crude reaching export markets...

Japan could be the latest Asian country to extend fuel subsidies after retail gasoline prices reached near...

Asian crude prices Tuesday eased back as macroeconomic concerns continued to weigh on sentiment, with the...

Oil product exports from India reached the highest level in four months in July, rising 3% on the month to a six-year...

Platts, part of S&P Global Commodity Insights, said in a market note Tuesday that it will not publish Asian price assessments...

Australia's Woodside Energy remains upbeat on prospects for avoiding crippling strike action that is set to derail the company's offshore natural gas output and LNG exports...

Crude oil futures Monday were were little changed as tighter supply/demand fundamentals were counterbalanced...

The US National Hurricane Center is monitoring a number of weather fronts in the Atlantic and Gulf of Mexico, as the 2023 season reaches peak activity...

Asian crude prices Monday were higher for a second session as prices rebounded on demand optimism, while middle...

Russia retained its position as a top crude oil exporter to...

The six-week-long rally that boosted Middle East and Asian crude oil markets by 17% since the start of July came to a...

Asian crude prices Friday edged up following a run of five straight losses, while...

QatarEnergy has awarded its monthly Al Shaheen tender for October loading, with premiums...