Asia Crude Oil News

Pakistan's crude oil imports recovered in October, with monthly data from the Oil Companies Advisory...

The EU and the G7 were locked in talks Wednesday as western nations try to agree a price ceiling for Russian crude exports ahead of the 5 December deadline

Oil from Russia's Sakhalin 2 energy project heading for Japan will be excluded from the price cap...

Middle East sour crude prices retreated Wednesday, conceding further ground to Brent, while LSFO cracks neared...

Freight rates for Aframax-sized oil tankers operating in the Mediterranean and Black Sea have reached the highest...

The European Commission has proposed a cap of €275/MWh ($283) on gas prices in a bid to shield consumers...

Crude oil futures Tuesday were slightly higher as markets stabilized following the previous-session's huge price swings...

Bulgaria's government has agreed to allow Lukoil's Burgas refinery to continue exporting oil products under...

An increasing number of tankers which previously sailed under European Union flags, such as Cyprus' and Malta's, are leaving those registers...

Middle East crude prices rebounded Tuesday as markets remained in a state of flux after Saudi dismissed...

Saudi Energy Minister, Prince Abdulaziz bin Salman, has denied media reports that the world's biggest...

Crude oil futures rebounded Monday after testing 10-month lows after Saudi Arabia denied a report...

Both Saudi Arabia and Russia saw their market share in the Chinese crude oil imports fall in...

Middle East crude prices were in sharp retreat Monday, slumping to the lowest level since the start of the...

Goldman Sachs has cut its forecast for Brent futures by almost 10% on the back of concerns...

Crude oil futures Friday were sharply lower, tumbling to fresh two-month lows as demand concerns and...

Russian oil output in the first half of November has shown signs of edging higher, with reports from the country...

Middle East benchmark Dubai crude retreated sharply the week, as concerns over sluggish Asian demand and the wider economic malaise...

A fire at the 466,000- bpd Mina Al-Ahmadi Kuwait oil refinery has been extinguished by firefighters on...

Middle East crude prices continued the week's sharp retreat Friday as the prompt market structure...