Asia Crude Oil News

India's state-owned refiners are continuing to run plants at full capacity to meet strong domestic fuel demand...

QatarEnergy has issued an April sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour crude grades set to rebound...

Crude oil futures Tuesday eased back on surprise news the US government was planning a further release of crude stocks...

OPEC raised its forecast for oil demand this year by 100,000 bpd from its last estimate on China's...

Refining margins for high sulfur fuel oil have crept to their highest level in nine weeks and are within touching...

Vietnam's oil product imports continued to hit new highs in February, with over 2 million mt arriving through the...

Vietnamese energy company Xuan Thien Group is considering building a third crude oil refinery in...

Dubai crude oil prices in Asia Tuesday maintained the firm upwards momentum, posting a sixth...

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

Kuwait's refined oil production is set to grow by 35% y-o-y in 2023 as output at the new Al Zour mega refinery ramps up...

Crude oil futures Monday were little changed as oil benchmarks consolidated firm gains from the previous week...

Russia plans to sell more than 80% of its oil exports to what it calls "friendly" countries in 2023, Deputy Prime Minister...

Dubai crude oil prices in Asia Monday opened the week higher after Russia's announcement it would...

A Kurdistan Region Government (KRG) delegation on Sunday met with officials from Iraq's federal government's Ministry of Oil...

North American oil drilling activity recovered the week ending 10 February, while the number of rigs drilling for gas went in the opposite direction...

Adnoc Drilling, the largest national drilling company in the Middle East by rig fleet size, reported a 61% rise in its Q4 net income as revenue surged to a record...

Energy transition policies and goals have created a dangerous path for global demand, as alternatives are not in position to supply the entire world...

OPEC+ production dropped in January, primarily as a result of lower Mideast Gulf supplies and a slight decline in Russian output...

OPEC expects global oil demand to exceed pre-pandemic levels in 2023, amid an improving economic outlook in top crude importer China...

Tanker loadings of crude oil from Azerbaijan at the Mediterranean terminal of Ceyhan have resumed having being suspended since 6 Feb...