Asia Crude Oil News
11 Jul 2023
Benchmark Dubai prices climbed to 10-week highs Tuesday, extending the gradual gains in place since Saudi Arabia...
11 Jul 2023
QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour crude set to pick up...
11 Jul 2023
Middle East crude prices were again firmer as Dubai posted 10-week highs Tuesday, while naphtha continued to...
11 Jul 2023
Azerbaijan's crude output slipped to a three-year low last month, with monthly energy ministry data published Tuesday...
11 Jul 2023
Indonesia's coastguard has seized an Iranian-flagged VLCC suspected of illegally transporting oil...
10 Jul 2023
Crude oil futures Monday were lower after US Treasury Secretary Janet Yellen said that a recession for the US was "not completely off the table"...
10 Jul 2023
Enoc has signed has signed a long-term condensate supply agreement with QatarEnergy to supply feedstock for its condensate splitter...
10 Jul 2023
A delayed oil and gas production deal between Iraq and TotalEnergies has got the green light after two years of...
10 Jul 2023
The Asian Hi5 cargo spread continued its slide on Monday, narrowing to its tightest levels in 21 months with the...
10 Jul 2023
Middle East crude prices maintained July's strong uptrend and hit a fresh two-month high Monday, while the tight supply...
7 Jul 2023
Crude oil futures Friday were higher as benchmarks consolidated at the upper end of the two-month range, as Brent managed to hold above $77/b...
7 Jul 2023
German investment bank Commerzbank has revised downwards its forecast for the Brent crude oil this year and next, as market sentiment will remain bearish...
7 Jul 2023
Benchmark Dubai prices increased by around 3.5% over the week as East of Suez markets showed clear signs of strengthening after Saudi Arabia...
7 Jul 2023
Middle East crude prices maintained the week's positive trend, hitting a two-month high Friday and pulling further...
7 Jul 2023
South Korea has removed import tariffs on naphtha, as well as crude oil for processing to make naphtha...
6 Jul 2023
Crude oil futures Thursday were little changed as markets consolidated the slim gains made since Monday's announced cuts from Saudi Arabia and Russia...
6 Jul 2023
Saudi Aramco has increased premiums on Official Selling Prices (OSPs) for August-loading crude to Asia, after extending output cuts for another month...
6 Jul 2023
Middle East crude prices maintained a steady uptrend Thursday as Dubai reached two-week highs, while...
6 Jul 2023
The UAE's crude production capacity has rocketed to 4.5 million bpd as Adnoc's rapid expansion lifts output towards its 5 million bpd target...
6 Jul 2023
Kuwait's state-owned KPC has brought the final phase of its giant Al-Zour refinery on line...