Asia Crude Oil News

Crude oil futures Friday were higher after the US gave unfavorable feedback regarding Iran's latest response, while Russian supply concerns...

G7 countries announced an agreement to cap Russian oil prices on Friday...

Middle East benchmark Dubai crude retreated by more than 3% the week ending 2 September, as global crude markets caved to pressure from...

Middle East crude prices Friday clawed back some of the recent losses but still ended the week lower...

An effort to save the Iran nuclear deal appeared to hang in the balance on Friday after Washington said...

Crude oil futures Thursday were again in retreat as markets remained gripped by central bank tightening policies, after crude benchmarks recorded...

French President Emmanuel Macron said Thursday he hoped that a deal to restore nuclear limits on Iran would be agreed...

Russia will stop supplying crude oil and petroleum products to countries that impose a price ceiling...

The Brent/Dubai cash spread crunched to a two-year low Thursday, as light-sweet grades come under strong downwards pressure

The new trading month brought little relief for Asian oil markets Thursday as the downtrend continued...

OPEC production among the 10 core producers with quotas rose in August to its highest level since the early days of the pandemic in 2020...

Crude oil futures Wednesday were lower, extending the previous session's sharp losses and giving up early gains, despite US oil inventory data...

Japan's gasoline deliveries continued to rebound in July, jumping almost 12% from June to a seven-month high...

The OPEC+ Joint Technical Committee sees global oil supply exceeding demand by 900,000 bpd this year...

The July monthly average price for benchmark Middle East Dubai crude retreated over 6%...

Dubai crude oil prices slumped by around 5% on Wednesday's expiry, although made strong gains versus Brent, while diesel cracks

Russia is selling almost as much oil into global markets as it did prior to its invasion of Ukraine...

Crude oil futures Tuesday were in sharp retreat as inflationary and recessionary concerns outweighed...

Russia's crude oil output fell 2% in August compared to July due to field maintenance and as Gazprom slowed...

Asian crude oil prices continued to climb Tuesday, having gained in five of the last six sessions, while distillate cracks...