Asia Crude Oil News

Norway is postponing its next round of new oil and gas exploration licences by a further three years as part of a domestic political deal...

Crude oil futures Tuesday were slightly higher, having given up earlier gains after prices rebounded...

The OPEC+ oil producer group is likely to take further measures to stem a price decline and try to balance the market...

Dubai crude prices staged a strong rebound Tuesday with Middle East producers expected...

Brent crude futures staged a late surge Monday to move into positive territory on reports OPEC+ may consider a further output cut, reversing earlier losses...

Adnoc has confirmed plans to accelerate its oil production capacity to 5 million bpd by 2027...

BP has said it is weighing whether it will continue to publish its annual supply and demand survey of the global...

Adnoc will cut December crude term volumes to some Asia-based customers but will provide full allocations volumes in January

Benchmark Dubai prices slumped to the lowest level of the year as the deteriorating Covid situation...

Personal mobility in China dropped to a seven-month low last week, according to data from search engine Baidu...

Thailand's crude oil imports fell for a third consecutive month in October, slipping to their lowest level since...

Crude oil futures Friday were trending lower as investors wait for further clarity on the Russian price cap talks ahead of...

Saudi Arabia and Iraqi have reiterated the importance of adhering to OPEC+ output cuts that last until the end of 2023...

Middle East benchmark Dubai crude retreated for a third consecutive week as concerns over slow demand growth, particularly in China...

Asian crude prices staged a strong rebound Friday as leading OPEC officials reaffirmed commitments...

Crude oil futures Thursday were little changed after EU members failed to agree on a level for the Russian price cap...

Dubai's Department of Petroleum Affairs has left the Official Selling Price (OSP) for Dubai crude loading in February unchanged at a discount of...

Japan's oil product inventories hit a 14-month high last week as higher exports were unable...

Asian crude prices were sharply lower Thursday as Dubai tumbled below $80/b...

Crude oil Wednesday were in sharp retreat amid reports that the price ceiling imposed on Russian crude could be significantly higher...