Asia Crude Oil News

Crude oil futures eased back Friday as the week's firm rally ran out of steam, promoting a pre-weekend selloff as not even protests in Libya...

China's crude oil imports are expected to soften after hitting a three-year high last month...

Benchmark Dubai prices increased by over 5% during the week as resurgent markets lifted prices to the highest levels since late April...

Dubai crude posted yet another gain Wednesday, the eighth in a row, while diesel cracks ease...

OPEC maintained its bullish view for oil demand this year and into 2024 in its latest monthly report...

Crude oil futures in European trading hours Thursday were steady as benchmarks consolidated the July rebound...

Kuwait has increased Official Selling Prices (OSPs) for its key export grades loading in August...

Dubai crude posted a seventh consecutive gain Thursday as the July price surge showed no signs of slowing, while the...

The EIA has downgraded its forecast for 2023 oil demand for the first time this year...

The $60/b price cap imposed by the G7 and EU has been breached with benchmark providers...

China's crude oil imports continued to soar in June, hitting 52 million mt through the month as domestic consumption...

Crude oil futures Wednesday were consolidating the firm gains made since the start of the month, as Brent topped the psychologically-important...

OPEC+ crude production was largely unchanged for June, which marked the second month of expanded voluntary cuts...

Adnoc has nudged up Official Selling Prices for August-loading crude, with its flagship Murban grade set at...

Malaysia's oil product output recovered from recent lows in May, as the end of a heavy...

Goldman Sachs' chief commodities researcher has reiterated the bank's bullish outlook on oil pricing, with Brent futures poised to move up to...

Middle East crude were again higher pushing up to fresh 10-week highs Wednesday as Dubai continued the...

Japan's crude throughputs fell last week for the first time since late May, contributing...

Crude oil futures Tuesday were climbing higher as Brent looked to consolidate the recent breakout level above $77.50/b...

Crude prices should average $80/b out to the end of the year as demand from China and India are joined by higher...