Asia Crude Oil News
7 Jun 2023
Russia's crude oil exports remained at elevated levels during May, according to ship-tracking data, with compliance for previously-announced cuts set to be a key factor...
7 Jun 2023
Dubai crude values Wednesday were slightly higher as oil prices recovered from the post-OPEC+ lows...
7 Jun 2023
Crude throughput at Japan's refineries dropped below 2 million bpd
7 Jun 2023
US Secretary of State Antony Blinken has held talks with Saudi Crown Prince Mohammed bin Salman, in bid to repair fractured relations...
7 Jun 2023
Chinese crude oil imports jumped 12% on the year to hit their third highest on record, while...
6 Jun 2023
Crude oil futures Tuesday were slightly lower as wider uncertainties weighed on sentiment, offsetting the weekend's OPEC+ announcements...
6 Jun 2023
The price spread between high and low sulfur fuel oil cargoes in Asia continued to widen on Tuesday, hitting its...
6 Jun 2023
Middle East crude prices Tuesday were lower as the post-OPEC+ rally petered out while...
5 Jun 2023
Global airline capacity edged 0.7% higher this week, data from travel company OAG showed Monday...
5 Jun 2023
Crude oil futures Monday were higher after OPEC+ members agreed to extend current production deals, while Saudi Arabia...
5 Jun 2023
Goldman Sachs has described the weekend OPEC+ meeting as "moderately bullish" although the final pricing impact...
5 Jun 2023
Middle East crude markets Monday rebounded strongly after Saudi Arabia cut 1 million bpd from July output, while...
4 Jun 2023
Saudi Arabia is set to make further oil production cuts as part of deal reached Sunday, while OPEC+ countries agreed to extend...
4 Jun 2023
Fund managers slashed short positions held in Brent futures contract by 20% in the seven-day...
2 Jun 2023
The prospect of OPEC+ cuts to crude production propped up prices of Brent and WTI in early...
1 Jun 2023
Crude oil futures Thursday were slightly lower after the Biden/McCarthy debt-ceiling deal was passed by the House of Representatives...
1 Jun 2023
Reuters has registered its "disappointment" after its journalists were effectively barred from formal proceedings at the weekend's OPEC+ meeting...
1 Jun 2023
Middle East crude markets Thursday extended the week's losses, while naphtha was under pressure after data from China...
31 May 2023
Crude oil futures Wednesday were in retreat again, but prices bounced from lows after Speaker of the House Kevin McCarthy confidently predicted...
31 May 2023
India's Gatik Ship Management has found an alternative vessel registrar to the maritime classification society Lloyd's Register