Asia Crude Oil News

Russia's cabinet has submitted a bill to the State Duma that limits the discounts for the Urals oil blend on the international market...

Crude oil futures resumed the week's upwards momentum on Friday on reports that Russia could voluntarily slash production...

Goldman Sach trimmed its Brent crude oil forecast by $5/b on Friday on expectations of higher...

Middle East benchmark Dubai crude registered gains of nearly 5% on the week, largely reversing losses from the...

Crude oil prices in Asia Friday were higher for a fourth consecutive session, rounding off a...

Russia will cut its crude oil production by 500,000 bpd from March, Deputy Prime Minister Alexander...

The OPEC+ coalition increased its crude oil production by 40,000 bpd in January as Russian output remained relatively resilient against the impact of sanctions...

The US has imposed a fresh round of sanctions on companies it believes are acing as intermediaries and facilitating Iranian oil trade, with the latest move...

ExxonMobil is creating a global trading division to compete more aggressively with the likes of BP, Shell and commodities trading houses...

The US is comfortable with the approach India has taken in buying oil from Russia and is not looking to sanction New Delhi...

Crude oil futures pulled back from earlier February highs Thursday, as markets wobbled amid concerns over growing inventories...

Trafigura is facing losses of over half a billion dollars after discovering metal cargoes it bought didn't contain the nickel they...

Russia's oil output in February is showing signs of continuing to tick higher, with combined crude and condensate...

Qatar's National Oil Company (NOC) has reduce Official Selling Prices (OSPs) for its Marine and Land grades...

Crude oil prices in Asia further extended the week's gains Thursday as benchmark Dubai posted...

Crude oil futures Wednesday were firmer on the day but off from earlier highs, having consolidated the gains of the last two days as demand optimism...

US crude oil output crept higher for the first time in five weeks last week, eking out a slim 100,000 bpd rise to...

The United Arab Emirates has approved a licence for Russia's MTS Bank, a move that risks exacerbating concerns among western nations...

Crude oil prices in Asia Wednesday extended the recent gains as benchmark Dubai hit a one-week high, while diesel...

Crude oil loadings from Turkey's Baku-Tbilisi-Ceyhan terminal in the Mediterranean have been suspended following Monday's devastating earthquakes...