Asia Crude Oil News

The US and its allies have discussed a price cap on Russian crude oil exports at range between $40 and $60 per barrel...

Crude oil futures Wednesday extended losses following the huge sell-off that saw headline Brent prices drop $10/b in the previous session...

A Commercial Court in Baghdad has declared four oil contracts void this week, as the federal Oil Ministry intensifies its push to implement...

A Russian court has ordered the Caspian Pipeline Consortium (CPC) to shut its Black Sea export route for 30...

Middle East crude prices tumbled around 8.5%, catching up with Tuesday's oil selloff, while product cracks were hit...

The Japanese government is set to crank up its gasoline subsidy again from this Thursday after...

The outgoing Secretary General of OPEC, Muhammad Sanusi Barkindo, died suddenly late Tuesday...

Crude oil futures came under huge selling pressure Tuesday amid further inflationary and recession fears, as the US dollar soared to...

Abu Dhabi National Oil Co. (ADNOC) has hiked Official Selling Prices (OSPs) for August-loading crude, with its flagship Murban grade set at...

Saudi Aramco has sharply hiked its Official Selling Prices (OSPs) on August-loading crude oil for Asia, largely in line...

Middle East crude maintained the week's upwards trend as Saudi announced the widely-expected hike in OSPs, while in products ENOC continued its  gasoline buying flurry...

Crude oil futures Monday were climbing higher, rebounding from earlier losses as demand destruction and crude production shortfalls...

Kazakhstan's average June crude and condensate output was down 19% from May and 17% from June 2021...

Saudi Aramco, the world's top crude exporter, is expected to sharply increase OSPs for August to its key customer base in Asia...

Middle East crude markets started the week on a firm footing for both flat price and structure, while distillate cracks...

Crude oil futures Friday were rebounding after India announced a steep tax on diesel exports...

The OPEC producer group again missed targets for June as involuntary declines in Libya and...

Thailand's May crude imports were down 15% month-on-month at 1.9 million bpd, while condensate imports...

Middle East crude prices closed lower for a second day running as the new month started on a soft note, while...

Middle East crude oil finished the week ending 1 July higher...