Asia Crude Oil News

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

Middle East and Asian crude prices were faced with another sharp global price retreat Wednesday...

The chief executive of Kuwait's state oil company said a $30 per barrel "war premium" has been built into the cost of oil, as crude benchmarks head for...

Indian crude imports fell 14% in May compared to a month earlier, according to government data...

Quantum Commodity Intelligence – Mobility in the top 100 cities in China has risen 30% on May...

Operations at the Russian oil refinery in Novoshakhtinsk were suspended after a fire broke with...

Crude oil futures Tuesday were higher on the day as oil markets continued to claw back losses from last week's sell-off...

Crude oil output in Kazakhstan has slumped 20% so far in June versus the May average to an at-least 2-year low amid...

Vitol CEO Russell Hardy said that global consumption of gasoline and jet fuel were still below 2019 levels and that the market could expect to see high prices for...

Taiwanese crude oil imports hit a five-month low in April despite the government stepping away from...

Middle East and Asian crude prices rebounded Tuesday, underpinned by firm products markets...

Exxon Mobil Corp. said global oil markets could remain tight for another three to five years due to the lack of investment...

The sanctions imposed by the EU and the US on Russia following its invasion of Ukraine have affected 75% of its banks...

Crude oil futures Monday were trading up on the day following the previous week's sharp losses, which came after wider economic concerns outweighed...

Saudi Arabian crude oil exports hit a fresh pandemic high in April as crude oil production rose while...

Sinopec Shanghai Petrochemical Co will keep its 320,000-bpd refinery and cracker unit shut while...

China imported a record amount of Russian crude oil in May as the world's largest importer sought...

Middle East crude prices were sharply lower Monday, playing catch-up with the Brent retreat in...

QatarEnergy has awarded its monthly Al Shaheen tender for August at sharply higher premiums to the Dubai benchmark...

Iraqi Oil Minister Ihsan Abdul Jabbar said Sunday that the ceiling for exports will reach 3.8 million barrels per day in June and...