Asia Crude Oil News

Russia's August oil output was steady at around 45 million mt, although daily production remains about 7% below...

China's economy is rebounding from the second quarter rough and oil demand likely to rebound next year as Beijing eases Covid-19 restrictions...

Middle East crude prices Wednesday posted a small gain for the first time in a week, while higher sulfur diesel...

Japan's crude oil throughput fell to a two-month low last week as typhoon Nanmadol disrupted...

A strong dollar and weaker demand have meant investment bank Goldman Sachs has tempered its forecast for crude...

Crude oil futures were higher on Tuesday, bouncing from the previous session's nine-month lows amid growing...

Discounts on the sale of Russian Urals crude have shrunk significantly from around $35/barrel seen shortly after the invasion of Ukraine...

Middle East crude prices Tuesday retreated for the fourth consecutive session Tuesday, while interest in the products market shifted to...

Only a cut in OPEC+ production levels of at least 500,000 bpd can put a stop to the current bearish...

G7 states may consider pre-Covid levels as a basis for the price cap imposed on Russia barrels from December...

Thailand's crude oil imports bounced 19% month-on-month in August, rebounding from July's maintenance-afflicted...

Brazilian oil and gas major Petrobras and Indian refiner IOC have struck a deal for the supply of up...

Middle East crude prices Monday retreated sharply, following the Brent fall from Friday and further losses Monday...

Iraq started crude oil refining at Karbala Oil Refinery over the weekend, supplying refined products...

Brent crude oil futures bounced around in a choppy session on Monday, closing lower again on the day by the European close after having...

Energy security will be the number one priority in the coming months and possibly years amid the growing energy crisis...

Crude futures Friday were in retreat as oil markets headed for a fourth week of losses with stumbling economic growth again...

Indian refiners are set to largely avoid purchases of Russia ESPO crude oil this month for delivery in October and November as a result of...

Asian oil demand is unlikely to return to pre-pandemic levels before 2023 as a sluggish performance from China offsets gains from...

Middle East benchmark Dubai crude was slightly lower on the week ending 23 September, as broader recession fears proved a drag...