Asia Crude Oil News

Investors extended net long crude and diesel positions in the last week of 2022 as China relaxed more Covid restrictions...

China has wound back much of a two-year experiment in production constraint on its refiners, issuing big fresh...

North American drilling activity was steady the week ending 30 December, while ending the year sharply higher...

Crude oil futures Friday were marginally lower after markets surrendered early gains as China's worsening Covid situation...

Kazakhstan will increase its crude oil output in 2023 by almost 8% year-on-year to 90.5 million mt...

Turkey's crude oil imports continued to slow in November and touched their lowest levels since March, according to...

Asian crude oil prices ended the year on a positive note although markets generally remain in a state of flux amid...

The December monthly average price for benchmark Middle East Dubai crude was down by over 10%...

Crude oil futures Thursday extended the previous session's losses as concerns over soaring Covid cases in China...

Asian crude prices retreated for a second day Thursday amid concerns over the speed of China's post-pandemic recovery...

Western insurance companies have continued to underwrite shipments of Russian crude oil heading for India, China and Turkey during December...

Crude oil futures Wednesday were trading lower as concerns over China and broader recessionary fears continue to weigh on sentiment...

OQ, Sabic and KPI have signed a project development agreement for a jointly-owned petrochemical complex...

Japan's distillate demand firmed in November as jet fuel deliveries hit a fresh post-Covid high...

Middle East crude prices Wednesday were slightly lower, while jet cargo premiums jumped as the market geared up...

Refined product stocks were drawn down last week in Japan as export demand...

Thailand's crude oil and natural gas condensate imports recovered from nine-month lows touched in October...

It was another week of big swings in inventories at the Middle East storage hub of Fujairah, with the Wednesday...

Russia has banned oil exports to countries that enforce a $60/b price cap on its oil barrels for five months as it looks...

Crude oil futures Tuesday were up from the pre-holiday levels as the US winter storms boosted power demand, while a further opening up of China...