Asia Crude Oil News
5 Jul 2023
Crude oil futures Wednesday nudged higher, although prices continued to see-saw as markets again faced conflicting signals...
5 Jul 2023
OPEC has invited Azerbaijan to become a permanent member of the oil-producing bloc..
5 Jul 2023
Iran attempted to seize two oil tankers near the strategic Strait of Hormuz early Wednesday, the latest in a series of tanker-related incidents...
5 Jul 2023
There is further downside in store for crude prices as market attention shifts towards stock builds next year...
5 Jul 2023
Oil markets will start tightening in the second half of the year, according to Energy Aspects, highlighting backwardation in the Dubai crude benchmark...
5 Jul 2023
Dubai crude prices were marginally higher Wednesday while holding around the $75/b mark...
5 Jul 2023
The premium for naphtha in Asia is at its widest versus Europe since January, as regional demand...
5 Jul 2023
Saudi Arabia's Energy Minister said Wednesday that the OPEC+ cooperation remains strong, while the alliance will do "whatever necessary" to...
5 Jul 2023
Japan's crude runs rebounded further last week as a heavy seasonal maintenance draws to a close...
4 Jul 2023
Crude oil futures Tuesday were climbing higher as investors weighed up the impact of the latest output cuts announced by Saudi Arabia and Russia...
4 Jul 2023
Russia's seaborne crude oil exports dropped by 10% in June, registering the lowest levels since February of this year...
4 Jul 2023
OPEC's crude output in June continued to fall as producers trimmed output after announcing an additional round of cuts...
4 Jul 2023
Dubai crude was little changed for a third session, with Monday's announced output cuts so far having little impact on...
3 Jul 2023
Crude oil futures were trading higher Monday as markets rebounded from earlier lows after both Saudi Arabia and Russia pledged to restrict...
3 Jul 2023
The spread between Russia's flagship Urals crude and the Middle East Dubai benchmark has narrowed to the lowest level...
3 Jul 2023
High level talks convened by the UN's maritime arm in London this week are under intense pressure....
3 Jul 2023
Dubai crude started the new quarter on a stable note as the Middle East benchmark retained its premium over...
3 Jul 2023
Saudi Arabia announced Monday it would extend its voluntary crude oil production cut of 1 million bpd into next month...
30 Jun 2023
rude oil futures Friday were edging higher, consolidating slim weekly gains which came largely on the back of a...
30 Jun 2023
Output from the core OPEC members during June barely moved as increases from Iraq and Nigeria offset reductions from elsewhere...