Asia Crude Oil News

Iran and Venezuela signed a number oil, gas, and petrochemicals agreements in the form of MOUs...

Crude oil futures  Monday were sliding lower as recessionary fears and weaker diesel continued to weigh on sentiment...

The G7 and EU will persist with a $60/b price cap that prohibits its companies from working with Russian crude oil, a level...

Saudi crude production held steady at 10.45 million bpd in February, according to JODI data Monday...

Asia crude oil prices were little changed Monday while benchmark Dubai held at near parity to Brent for...

Traders added more net length to WTI crude futures last week as the outlook for US crude...

Saudi Arabia has transferred a 4% stake in energy giant Saudi Aramco has from state ownership to Sanabil, the investment arm of PIF...

The Fitch Ratings agency has lifted Saudi Aramco's Long-Term Foreign-Currency Issuer Default Rating (IDR) A+ from A...

Crude oil futures edged up Friday having given up some of the week's gains in the previous session, while heading for a fourth weekly increase...

Global oil demand is on the rise and will hit a record 101.9 million bpd by the year-end, with growth in China...

Australian fuel demand and imports continued to recover through February, with government data published Friday...

Middle East benchmark Dubai crude ended higher for a third consecutive week, as markets continued to recover following...

Dubai crude oil prices eased back Friday but continued to trade at a small premium with Brent, while activity finally...

The UAE's energy powerhouse Adnoc has awarded a contract to its subsidiary, Adnoc Drilling, to provide...

QatarEnergy has awarded its monthly Al Shaheen tender for June-loading at higher premiums, reflecting the firmer Middle East market after...

Crude oil futures in European trading hours Thursday were trading close to the 10-week highs registered after a number of bullish pricing signals...

Kuwait has increased its Official Selling Prices (OSPs) for its key export grade loading in May...

PetroVietnam will delay maintenance at its 130,000 bpd Dung Quat refinery by six months until the beginning of 2024...

The Brent/Dubai cash spread inverted for the first time in over six-months Thursday, as OPEC+ cuts and a firmer demand outlook...

OPEC held its forecast for oil demand growth this year unchanged at 2.3 million bpd in...