Asia Crude Oil News

Crude oil futures in European trading hours Monday were trading lower, extending Friday's late sell-off as focus comes back...

Azerbaijan's crude oil production tumbled to just 500,000 bpd in May, a level not seen since at least late...

Pakistan has taken delivery of its first discounted Russian crude oil cargo...

Iraq's SOMO has slightly lifted Official Selling Prices (OSP) on its key export grade for Asia in July...

Goldman Sachs has cut its forecast for Brent crude oil for December 2023 by $9/b to $86/b...

Middle East crude markets opened the week sharply lower, caching up with Brent losses from...

Saudi Arabia and its OPEC+ allies are trying to combat "uncertainties and sentiment" in the oil market by taking proactive measures....

Crude oil futures in European trading hours Friday were steady and set to end the week little changed, with post-OPEC+ gains...

OPEC+ crude production shrank 670,000 bpd in the first month of expanded voluntary cuts in... 

Middle East benchmark Dubai crude prices Friday were higher versus the previous week, as broader economic concerns largely offset...

Middle East crude prices eased slightly Friday, as the Dubai benchmark consolidated in the mid-$70s/b, while diesel cracks maintained...

Crude oil futures in late afternoon London trade Thursday nosedived on reports that that the US and Iran are close to an interim deal...

Direct talks between Robert Malley and Iran's ambassador to the UN have taken place on US soil...

Electricity networks across three Saudi governates are set to undergo SR1.4 billion ($373 million) worth of improvements to reduce the areas' liquid fuel consumption...

The recently listed Adnoc Logistics and Services has been awarded its first major contract...

Middle East crude prices Thursday edged higher, as Asian markets consolidated the post-OPEC+ gains...

Crude oil futures Wednesday were higher, with markets again flip-flopping between supply constraints following the OPEC+ meeting pitched against...

Commodity trading house Trafigura posted record half-year profits of $5.5 billion, double the...

Crude throughput at Indian refineries fell to the lowest level in four months in April, according to official...

The UK advertising watchdog has upheld in full or part complaints about greenwashing...