Asia Crude Oil News

Top US energy support company Schlumberger is to exit Iraq's Kurdistan region following an Iraqi federal court ruling which deemed...

Crude oil futures Monday were trading higher as G7 talks continued with further sanctions against Russia topping the agenda...

G7 leaders meeting in Germany Monday have pledged a new round of sanctions targeting Russia, which could include...

Producer group OPEC+ cut its projected 2022 oil market surplus to 1 million barrels per day (bpd), down from...

Iraq's State Oil Marketing Organization has awarded its tender for Basrah Medium at a premium to the OSP

Middle East crude prices started the week on a firm footing Monday, gaining around 3%, while diesel cracks...

Crude oil futures Friday were trading higher on the day after a week of volatile price movements, clawing back the week's price retreat...

Middle East crude prices were little changed Friday but premiums for physical barrels were again seen firming, while gasoline rounded off...

Middle East crude oil finished the week ending 23 June nearly $10/b lower, although the majority of the losses were registered...

Brent crude oil futures will trade in a $90-130/ barrel range over the coming years as any additional...

Crude oil futures Thursday initially came under further downwards pressure as recessionary fears continued to outweigh a potential...

The volume of crude processed in Indian refineries rose marginally in May compared to a...

Middle East crude prices were little changed Thursday with firm demand seen underpinning East of Suez markets, while diesel cracks...

India's Bharat Petroleum has closed 50% of its crude processing capacity at its 240,000 bpd Mumbai refinery for...

Crude oil futures Wednesday retreated ahead of the showdown between the Biden administration and US energy firms, although staged a strong rebound...

Iraqi state oil marketer SOMO is looking at signing crude sales contracts with new European...

Russian President Vladimir Putin said trade with India and China has strengthened amid Western oil sanctions, with oil flows set to increase...

Global energy investment is set to rise 8% this year, supported heavily by a 12% rise in investment in...

High global energy prices and a drive to bolster energy security to keep inflation in check will boost...

Sri Lanka's debt-laden economy has "collapsed" after months of shortages of food, fuel and electricity...