Asia Crude Oil News

Crude oil futures Monday were sharply lower, giving up earlier gains as the market struggled to consolidate the increases...

The European Union is "ready to go" with an effort to impose a price cap on Russian oil, Ursula von der Leyen...

OPEC has made another cut to its global oil demand growth forecast, shaving around 100,000 bpd from its projections...

The 230,000-bpd Duqm Refinery, located 550km south of Muscat, will start its commercial...

Kuwait has reduced its Official Selling Prices (OSPs) for crude loading in December...

Middle East crude prices were little changed Monday as East of Suez markets consolidated the gains from...

China's purchases of Russian oil are "completely consistent" with Western plans to keep Russian crude on the world market and Beijing will benefit from the new price cap mechanism...

Crude oil futures Friday extended the previous session's rebound as China indicated a significant step in relaxing Covid restrictions...

Azerbaijan's crude oil output continued to edge higher through October, gaining another 3% from...

India has stepped up shipments vacuum gasoil (VGO) to the US this year in an unusual trade flow for the oil product...

Saudi Arabia's energy minister said OPEC+ will remain cautious on oil production, weeks after the group caused a rift with the US by announcing...

Middle East benchmark Dubai crude eased slightly over the week, despite having rebounded strongly on Friday to claw back most of...

Middle East crude rebounded on Friday on US inflation data and news China had eased some Covid restrictions, which...

The Petronas Pengerang oil refinery, located east of Singapore, is ramping up and is near maximum...

Qatar is the latest National Oil Company (NOC) to release Official Selling Prices (OSPs) for Asian refiners...

China announced major changes to its strict Covid-19 measures for inbound travellers on Friday, reducing quarantine on arrival from...

Crude oil futures Thursday recovered after the latest US data revealed inflation eased last month, cancelling out earlier losses... 

The first phase of a series of repair works on the loading terminal of Kazakhstan's Caspian Pipeline Consortium (CPC)...

The supertanker that had run aground in Indonesian waters just off Singapore and close to a key natural gas pipeline has been refloated...

Middle East crude continued to retreat Thursday as weekly losses surpassed 5%...