Asia Crude Oil News

Production from the OPEC+ alliance fell short of its target level in August by a record 3.58 million bpd...

Iraq has regained partial use of its Al-Basrah Oil Terminal in the Middle East Gulf following Friday's oil spill that led to a suspension of all loadings...

Crude oil futures Friday were cautiously higher as markets recovered some of the previous-session's steep losses...

Middle East benchmark Dubai crude was slightly higher on the week ending 16 September, shrugging off fears...

Rumours of a huge ramp up in export quotas for transport fuels from China could signal a broader crude...

Crude oil futures Thursday were coming under heavy selling pressure as recessionary and demand fears got the better of...

Japan's crude oil imports picked up almost 7% in August to hit a four-month high, according to preliminary data...

Russian oil company Rosneft reported a 13% annual rise in its first half-year profits of RUB432 billion...

Middle East crude prices Thursday resumed the week's firmer trend with Asian demand seen holding up for Q4...

Crude oil production in Azerbaijan recovered for a second straight month in August, but was...

The spread between naphtha in northwest Europe and Asia is at its highest in over two years on tight supply...

Energy giant Shell has named company insider Wael Sawan as its new CEO, replacing Ben van Beurden who will step down...

TotalEnergies has completed the divestment of its 18% interest in the onshore Sarsang oil field in the Kurdistan region of Iraq...

Australian crude imports spiked to a 13-month high in July as demand continued to return from Covid-era lows...

Crude oil futures Wednesday were trading higher, building on the late gains from the previous session, which came on reports...

Pakistan's crude oil arrivals in August fell 9% month-on-month as high prices deterred buying earlier in the...

Global oil demand growth will slow to a halt by the end of the year on a faltering global economy...

Middle East crude prices Wednesday registered a daily loss for the first time in a week, while distillate cracks...

The German petrochemical sector is set to shrink 8.5% this year as it struggles to pass on soaring...