Asia Crude Oil News
12 Feb 2025
Middle East crude prices eased for the first time in four sessions Wednesday, while jet fuel and gasoil cracks strengthened to the highest levels...
12 Feb 2025
China's oil demand growth is forecasted to extend beyond the midpoint of this decade as more refining and petrochemical cracking...
11 Feb 2025
Crude oil futures Tuesday extended early-week gains as risk-on sentiment returned as traders eyed supply disruptions and winter-led demand...
11 Feb 2025
India is open to buying more Venezuelan crude oil for its booming refining sector and is in discussions to get further deals over the...
11 Feb 2025
Saudi Aramco has for a second month reduced term allocations to customers in China for March loadings, signalling the OPEC kingpin will...
11 Feb 2025
Crude production from OPEC+ was marginally lower in January as the producer group makes renewed efforts to keep on top of compliance...
11 Feb 2025
Middle East crude prices were higher for a third session Tuesday, while HSFO cracks continued to firm to a fresh premium against Brent prices....
11 Feb 2025
A fire broke out after a fuel storage tank at the South Korean port of Ulsan exploded on Monday, killing one personnel on-site, according to local media...
10 Feb 2025
Crude oil futures opened the week higher, underpinned by soaring natural gas prices in Europe, although tariffs and sanctions...
10 Feb 2025
Middle East crude prices continued to edge up from one-month lows Monday, while gasoline paper cracks firmed to their highest...
10 Feb 2025
Activist investor Elliott Investment Management has built a stake in BP, a move that could set off a battle over the British energy giant's...
10 Feb 2025
Taiwanese exports of gasoline rose sharply in December against the backdrop of a seasonal demand pull towards the end of the year...
10 Feb 2025
Risk-off sentiment spread across global markets as investors reduced exposure to crude oil futures after the US imposed 10% tariffs on...
7 Feb 2025
Crude oil futures were trading sideways and heading for a third week of losses on Friday, albeit relatively modest ones...
7 Feb 2025
Middle East crude was consolidating at around one-month lows after a volatile week for oil markets that left the Dubai benchmark...
7 Feb 2025
Middle East crude prices edged up from one-month lows Friday but heading for a sluggish weekly performance, while HSFO 380 CST...
6 Feb 2025
Crude oil futures Thursday were marginally higher as prices steadied following a tumultuous week so far...
6 Feb 2025
The spread between marine fuel and high sulfur fuel oil in Asia narrowed to the lowest levels since the IMO 2020 sulfur cap took effect half a...
6 Feb 2025
South Korea will extend its tax cuts for gasoline, diesel and LPG for three more months as the country's inflation continue to creep higher, the acting president Choi Sang-mok announced...
6 Feb 2025
Middle East crude prices sank to around one-month lows Thursday amid concerns over a tariffs war dampening global trade, while the...