Asia Crude Oil News

Qatar is the latest National Oil Company (NOC) to reduce Official Selling Prices (OSPs) for Asian refiners, largely following the direction of...

OPEC+ crude production fell in November as cuts by Saudi Arabia and other Middle Eastern producers more than offset a rise in Russian and Kazakh supply...

Crude oil futures Friday were trading higher on the day but facing sharp weekly losses, with oil benchmarks near to one-year lows...

China's President Xi Jinping said Gulf states should use the Shanghai Petroleum and National Gas Exchange...

Middle East benchmark Dubai crude posted the steepest weekly losses since March as economic headwinds took hold of sentiment...

Diesel deliveries in India hit 1.93 million bpd in November, according to data from the government...

Dubai crude tumbled yet again Friday registering a sixth consecutive fall, while naphtha cargoes rose...

Crude oil futures were trading sideways after another volatile session on Thursday, with initial gains given up...

Trading company Trafigura reported full-year profits of $7bn on Thursday...

Abu Dhabi National Oil Co. (Adnoc) has cut Official Selling Prices (OSPs) for January-loading crude, with its flagship Murban grade...

Benchmark Dubai slumped to yet another yearly low Thursday as the previous session's global oil selloff hit Asia...

China's Sinopec Yangzi Petrochemical shut a naphtha cracker at its Nanjiang site following...

Crude oil futures Wednesday were sliding lower as economic headwinds continued to overshadow concerns around disruptions to Russian exports...

Turkey confirmed Wednesday it is requesting additional proof of insurance from tankers loaded with Russian crude oil...

Chinese authorities are considering downgrading Covid-19 from the top classification of infectious diseases in a move that would

China's crude oil imports jumped in November to hit their highest level since February as monthly...

Dubai crude slumped to a fresh yearly low Wednesday as optimism over China relaxing Covid...

Japan's distillate stocks hit a fresh two-year high last week amid rising regional supply...

Crude oil futures Tuesday were in sharp retreat, hitting fresh 11-month lows in the process, as sentiment turned bearish with economic concerns overriding...

Global energy transition will not happen without a corresponding material transition, the CEO of Saudi Aramco said as he set out the path...