Asia Crude Oil News

Dubai crude eased back at the start of the new month as attention switched to the upcoming...

Woodside Energy Group Ltd. and BHP Group Ltd. have completed the previously announced merger...

Japanese oil products output tumbled 12% in the final week of May to levels not seen since...

Russia's Rosneft awarded 900,000 tonnes of ESPO Blend crude oil loading in June from Kozmino port in the country's far east to Unipec...

The EU and UK will halt Russian oil cargoes from their insurance markets as part of a latest round of sanctions...

Some OPEC members are exploring the idea of suspending Russia's participation in an oil-production deal as Western sanctions and a partial European ban begin to...

Crude oil futures Tuesday retreated sharply from earlier highs as inflationary fears triggered the initial retreat, while prices dropped further on reports that OPEC+...

Hoarding by end-users scared of further price rises has masked recent weakness in the commodity market, but there...

The May monthly average price for benchmark Middle East Dubai crude gained more than 5% versus the previous month, Quantum data revealed...

Japanese crude oil stocks jumped to an eight-month high in April and imports rose for a third...

Dubai crude registered another upwards move Tuesday to register near three-month highs, while jet fuel...

UAE's oil-rich emirate of Abu Dhabi is forecast to pump on average 3.1 million bpd in 2022, according S&P Global Ratings, as OPEC+ members continue...

The EU's decision to phase out most of its Russian crude oil imports will tighten the...

Crude oil prices were trading higher Monday, extending the previous week's strong gains as EU talks to implement a ban on Russian oil...

Members of the core OPEC producer group may soon need to change their policy to defend...

A Greek-flagged oil tanker seized in the Middle East Gulf on Friday has been moved to an anchorage...

Dubai crude started the week on a firm footing Monday hitting fresh two-month highs although losing ground to...

Australian heavy sweet crude oil cemented its position as the most valuable in the world Monday with premiums...

Sri Lanka will pay $72.6 million for a 90,000-ton shipment of Russian oil that has been docked at Colombo's port for several weeks...

A number of under-the-radar commodity traders are cashing in on Russian oil, stepping in to buy and transport crude to customers as their bigger rivals retreat...