Asia Crude Oil News

Russia will produce up to 500 million mt of crude oil in 2023, a drop of around 8% year-on-year as the country deals...

Middle East crude prices Tuesday maintained the firmer momentum seen during the second half of December, while distillates...

The discount on Russia's Urals oil price will narrow after supply chains stabilize...

Crude oil prices in Asia were lower at the end of the week amid thin holiday liquidity, while the products market...

Crude oil futures were trading higher on Friday amid thin holiday liquidity and after Russia threatened to cut its output in response to a western-led price cap on its oil...

Crude oil futures in European trading hours Thursday were climbing higher, consolidating the week's gains...

Crude prices in Asia Thursday continued the firm end to the year, with gains since Monday now standing at around 4.5%, while activity in refined products...

Crude oil futures Wednesday climbing higher after latest inventory data from the US revealed a drop...

US President Joe Biden said last month that the multi-state deal with Iran to limit its nuclear program was "dead,"...

Japan's refinery run rates were up 2% last week and helped contribute to a rise in product stocks across the...

Renowned oil historian and energy consultant Daniel Yergin expects another volatile year for oil markets in 2023 and while expecting prices to average around $90/b...

Mobility in the world's second-largest oil-consuming nation has fallen 20% in the first three weeks of...

Dubai's Department of Petroleum Affairs has reduced the Official Selling Price (OSP) for Dubai crude loading in March to a discount of $0.10/b...

Pakistan's crude oil imports continued to recover in November as they climbed another 2% month-on-month, while...

Crude prices in Asia Wednesday were higher for a second session, while key products outstripped the rise in crude...

Big clearances from stockpiles in Fujairah across the barrel last week left inventories at the storage hub at their...

Crude oil futures Tuesday were little changed after what proved another choppy trading session...

Russia dislodged Saudi Arabia to become China's biggest crude oil supplier in November, with the spike coming...

Duqm Refinery construction work reached 96% completion by the end of November, state news agency ONA reported

The energy trading firm owned shipping magnate John Fredriksen is in the process of being wound down...