Asia Crude Oil News

Crude oil futures Tuesday were trading lower on the day, following another choppy session that had seen prices hit fresh three-month highs...

Feedstock consumption at Shandong's independent refineries rebounded to a four-month high of 8.18 million mt, or 1.93 million bpd...

US president Joe Biden will visit Saudi Arabia as part of a Middle East trip next month, paving the way...

Russia's crude oil and condensate output is up 5% so far this month compared to May as producers have...

Demand for crude oil produced by OPEC members is set to outpace supplies by the third...

Japanese refiner Idemitsu Kosan has announced the first of its plans to wind down its capacity as it braces...

Iraq's State Oil Marketing Organization has increased Official Selling Prices for Asia and Europe in June, while trimming premiums to

Crude oil futures Monday rebounded strongly in late-afternoon trading, retracing the earlier $3/barrel losses to move into positive territory...

Crude oil production from OPEC and its allies rebounded modestly in May following a steep drop in April but the group remains...

QatarEnergy has issued a sell tender for two cargoes of its keenly-watched Al Shaheed grade, loading...

Dubai crude retreated sharply Monday as Covid fears and the Asian equities sell-off dragged oil lower, while...

The White House plans to announce this week a trip by President Biden to Saudi Arabia...

Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis...

China has reported an increase in Covid-19 cases on Sunday, as the capital Beijing battled a resurgence in infections and a border outbreak...

India's crude imports from Russia have topped 1 million bpd so far in May month as the country's refiners step...

Crude oil futures Friday tumbled during early US trading hours after latest data showed US consumer price growth resumed its rapid rise in May...

Trader Trafigura posted a record-breaking set of half year results, with profits at the staff-owned firm hitting...

Middle East crude oil finished the week ending 10 June higher as prices hit fresh three-month peaks, again underpinned by healthy demand and...

Middle East crude ticked higher Friday as markets largely shrugged off demand slowdown fears as China...