Asia Crude Oil News

The Russian government's decision to reduce oil production in March by 500,000 barrels per day will rebalance the market...

Investment bank Goldman Sachs said Tuesday said it has narrowed forecasts for crude oil differentials on key spreads including...

The February monthly average price for benchmark Middle East Dubai crude climbed by just over 2% versus the previous month...

Crude oil prices in Asia were slightly lower on the day Tuesday, registering a small monthly gain on the Apr23 contract...

Energy major Shell could walk back some of its commitments to reduce emissions as part of a strategic rethink...

Crude oil futures Monday were lower, as broader macroeconomic concerns remained a drag...

Travel data company OAG expects global airline capacity growth to level off next month at around 101 million seats,

North American drilling activity was slightly lower the week ending 24 February, extending the month's losses...

Crude oil prices in Asia started the week little changed Monday to consolidate gains made during the...

US bank Goldman Sachs has reiterated its $100/b price outlook for 2023, but flagged a potential upside to its most recent forecast if OPEC...

Crude oil futures eased back Friday as another steep build in US oil inventories this week offset firm demand...

Middle East benchmark Dubai crude registered were largely unchanged on the week, as further negative indicators...

Oil exports from Kazakhstan via the CPC's pipeline have resumed after a brief weather-related shutdown...

Crude oil prices in Asia rebounded strongly on Friday to end the week little changed, led higher...

Pioneer Natural Resources believes oil prices will climb towards $100/b by the summer of this year...

Dubai's Department of Petroleum Affairs has set the Official Selling Price (OSP) for Dubai crude loading in May at a discount of $0.20/b...

Crude prices Thursday were higher as markets broke a six-day losing streak, although concerns over the state of the US economy and further rate hikes...

ExxonMobil Corp has flagged a potential risk to $2.5 billion worth of revenue from its Kazakhstan oil operations...

Crude oil prices in Asia fell for a third consecutive session Thursday, catching up with the previous...

Investment bank UBS remains broadly upbeat in its outlook for oil demand and prices in 2023, although has slightly tempered...