Asia Crude Oil News

The world needs more oil and gas to deal with an energy shortage while pushing to transition to renewable supplies...

Crude oil futures in Monday were sharply higher as prices continued to enjoy support after OPEC members flagged a potential output cut, while...

Middle East medium sour crude oil prices were higher Monday, building on the previous week's solid 5% gains, while...

China's Sinopec posted a record profit for the first six months of 2022 despite its crude oil processing...

Singapore has fined commodities trading outfit Noble Group S$12.6mn (US$9.1mn) for publishing "misleading information" in its financial statements...

Iraq's Oil Ministry is threatening to take aggressive international legal action to stop the Kurdistan region from continuing to export crude oil independently of Baghdad...

Quantum Commodity Intelligence - Iran said back-and-forth exchanges with the US over a European Union proposal to revive the nuclear deal will last into September...

Crude oil futures Friday were drifting lower as markets gave up earlier gains and the previous-session's selloff resumed after demand fears...

Taiwan's June crude oil imports slipped more than a quarter month-on-month, with big flows from Saudi...

Middle East benchmark Dubai crude oil finished the week ending 26 August over 5% higher, as East of Suez markets continued to recover from the from the six-months lows...

Thailand's July crude oil imports slumped a third from June and hit their lowest levels since January, customs data...

Middle East medium sour crude oil prices were lower Friday after Brent losses in the previous session although they...

Crude oil futures Thursday were little changed, with the week's firm uptrend still seen intact as markets largely shrugged off any would-be bearish indicators, including...

High global energy prices have helped China's refiners reap record windfall profits, as earnings posted Thursday...

Operations at Sri Lanka's Sapugaskanda oil refinery have resumed this week after receiving a cargo of Russian crude oil late last week...

Momentum is building among OPEC members for a cut in crude production in order to stabilize markets, with OPEC's president the latest to back Saudi Arabia's suggestion...

Asian crude oil prices continued to climb Thursday as Dubai hit another three-week high, while diesel cracks in...

Russia has approached several Asian countries to discuss possible long-term oil contracts at steep discounts...

Crude oil futures Wednesday were slightly higher, consolidated the week-long rally, which was revitalized Monday after comments from Saudi Arabia...

Iraq's state oil company SOMO supported Saudi Arabia in saying that thin liquidity and extreme...