Asia Crude Oil News

Benchmark Dubai prices rallied to a seven-week highs Tuesday, underpinned by Saudi Arabia's announced 1 million bpd reduction in July and a huge buying spree that...

Crude oil futures in Monday were slightly weaker as concerns over China's fragile recovery were raised as two more banks downgraded growth prospects...

Saudi Arabia has amassed around 20 million barrels of crude oil being held on as floating storage in the Gulf of Suez...

The biggest oil producer in the United Arab Emirates is establishing a carbon trading desk ahead of the...

US investment firm Berkshire Hathaway announced Monday its wholly-owned subsidiary National Indemnity Company...

QatarEnergy has awarded its monthly Al Shaheen tender for August loading, as premiums stayed at around the lowest levels since...

India's Reliance Industries has resumed vessel operations at the port of Sikka...

Saudi crude exports slipped to a five-month low in the run up to supply cuts announced in April...

Benchmark Dubai crude prices Monday surged to a two-week high to move above Brent, while naphtha margins...

Crude oil futures Friday were were higher, as markets consolidated narrow weekly gains as optimism over China...

Iran has significantly ramped up crude oil exports this year and international sales are now running at levels not seen since 2018...

Middle East benchmark Dubai crude prices Friday were little changed on the week, as support from China helped prices rebounded from lows...

Middle East crude rebounded strongly on Friday following the global trend, although Dubai was again the best...

Refined product output slipped 2% from April to around 16mn bpd last month...

Crude oil futures Thursday were sharply higher as positive data and news from China more than reversed the previous session's late selloff...

South Korea's crude oil imports recovered in May, with 11.6 million mt arriving through the month as a drop in...

The United States and Iran are closing in on an informal agreement that would limit Tehran's nuclear program and...

Chief executive of Kuwait's national oil company sees demand from its largest customers..

Middle East crude markets retreated with global benchmarks, although Dubai was the best performer among marker...

VLCC tanker rates have surged over the past week, allaying fears of post-OPEC+ slump in shipping demand after Saudi Arabia...