Asia Crude Oil News

Russia's crude oil and condensate output continued to build in November, with production rising 1.1% month...

Middle East crude prices went into reversal Tuesday and distillate cracks softened...

A backlog of oil tankers has built up in Turkish waters following the rollout of EU sanctions and the Russian price cap, as authorities in Ankara...

Crude oil futures Monday were trading lower having given up earlier sharp gains, with market watchers indicating that the sanctions and price cap on Russian...

Middle East crude prices were slightly lower from pre-weekend levels as Asian markets absorbed the OPEC+...

The OPEC+ producer alliance said Sunday it will not make any changes to output policy for now, maintaining...

Crude oil futures Friday were drifting lower after surrendering earlier gains amid the uncertain outlook over the OPEC+ meeting and Russian price cap, having earlier...

Middle East benchmark Dubai crude posted a weekly gain for the first time in a month as prices rebounded on expectations of firmer demand from China, while an expected...

Middle East crude prices eased slightly Friday as focus switched to the upcoming OPEC+ meeting and Saudi...

Moscow has turned down a request from Pakistan to supply crude at sharply discounted levels, despite the sanctioned-hit Russia seeking new outlets...

Crude oil futures Thursday were firmer although off from the day's highs as expectations increasingly pivot towards an OPEC+ rollover...

EU governments have tentatively agreed to a $60/b a barrel cap on Russian seaborne oil, although the price ceiling will include an adjustment mechanism...

OPEC oil output fell sharply in November, led by top exporter Saudi Arabia and other Gulf members, following the OPEC+ agreement for steep cuts...

Middle East crude prices started the new month on a firm footing Thursday amid a firmer demand outlook...

Crude oil futures Wednesday were trading higher as speculation over the outcome of this weekend's OPEC+ meeting intensified, while markets also found support...

Indian government policy think tank NITI Aayog has proposed plans to capture and store up to 750 million mt of carbon...

The November monthly average price for benchmark Middle East Dubai crude was down over 5% versus the previous month...

Japan's oil product inventories topped 70 million barrels for the first time in nearly two years last week...

Dubai crude eased slightly weaker Wednesday although staged a relatively strong expiry, while while distillate cracks continued to show improvement...

Japan's refineries ran 4.4% more crude in October compared to a year ago, as distillate output...