Asia Crude Oil News

Utilization rates at Japan's crackers sank to at least a ten-year last month on subdued regional demand...

Benchmark Dubai crude was slightly lower Thursday although Asian crude markets have been largely moving sideways...

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

Crude oil futures slipped into slight negative territory after a late selloff Wednesday, paring initial gains following a lower-than-expected crude stocks build reported by the EIA...

Japan drew down distillate stocks last week as exports hit a four-month high on widening...

Asian crude markets Wednesday were slightly lower after Singapore markets reopened following the extended...

Thailand's December crude oil imports were up almost 9% from November at a four-month high of 4.6 million mt...

Oman's average daily production of crude and condensate averaged 1.06 million bpd for the full year in 2022...

Australia's Woodside Energy on Wednesday posted an 81% increase in year-on-year Q4 revenues, benefiting from strong energy prices and the acquisition of BHP...

Crude oil futures pulled back from earlier seven-week highs Tuesday, as a contraction in US business activity for the seventh straight month...

Banks continue to favour investment in traditional energy sources such as oil and gas at the expense of renewable...

The US said it will increase pressure on China to stop buying Iranian oil, as the White House seeks to enforce sanctions aimed at curbing...

Guyana is in talks with Qatar, the UK, the United Arab Emirates and India on the possibility allocating offshore blocks for oil and gas exploration...

Oilfield services and equipment major Baker Hughes enjoyed surging revenues and record orders in the fourth quarter of 2022, flagging strong growth in exploration and production...

Over  90% of Beijing's 22 million population will have been infected with the coronavirus by the end of this month...

Price assessments of crude oil and oil products were suspended Monday due to Chinese New Year. 

Crude oil futures Monday were edging higher, consolidating the 10%-plus gains accumulated over the previous two weeks...

A big jump in volumes of Russian crude oil heading to India helped to lift total imports in December to their...

Pakistan's crude imports continued to climb in December, jumping over a third from November to hit their...

Global airline capacity fell for a third straight week on lower domestic demand, weekly data from OAG...