Asia Crude Oil News

Crude oil futures opened the week slightly lower, as markets took a breather ahead the inauguration of President Donald Trump...

Volumes of Canadian crude exported via the TMX pipeline could increase as the threat of US tariffs boosts demand for available capacity...

China's fuel oil production fell to 1.3 million mt in December 2024, down 21% from November's 1.7 million mt and 10.7% lower than December...

BP has restarted one of two production platforms in Azerbaijan's largest natural gas field Shah Deniz...

Middle East crude prices opened the week lower, while gasoil cracks firmed to a fresh nine-month high....

Kazakhstan's crude oil output dropped in December to its second lowest print in 2024 as the country looks to scale back...

Chinese crude oil imports from Malaysia rose sharply last year as independent refiners in China became more dependent on discounted...

Speculative net length in crude oil widened to its highest level since April after a turbulent week that saw prices surge on fresh Western...

Crude oil futures were slightly lower, although markets consolidated a fourth week of positive returns amid tighter sanctions on Russian oil...

Middle East benchmark Dubai crude soared to six-month highs with refiners in Asia left the most exposed to the latest clampdown...

Yemen's Houthi militia is expected to halt attacks on Red Sea vessels, maritime security officials announced Thursday, signalling an end to a...

xx...Middle East crude prices posted fresh six-month highs Friday amid the scramble for replacement barrels, while gasoil...

Russia's crude oil and refined product exports dropped 2.6% in 2024, with seaborne volumes falling to 398.6 million mt, according to...

China's crude oil throughput in 2024 declined by 3% year-on-year, reflecting weak refining margins and a sluggish recovery in domestic...

Crude oil futures were drifting lower, although benchmarks have mostly consolidating recent steep gains as supply concerns underpinned...

OPEC and its allies trimmed production by a modest 60,000 bpd in December, with small reductions recorded by several producers...

Qatar has awarded its Al Shaheen tender for March at the highest levels since 2022, after the latest round of sanctions sparked a scramble...

The former chief executive of Orlen's Swiss-based trading arm has been detained in the United Arab Emirates (UAE) as part of an ongoing...

Middle East crude prices surged to fresh six-month highs Thursday as disruption caused by Russian sanctions lifted markets again, but gasoil...

The South Korean government said it is looking to import more oil from the US in a bid to reduce its dependence on Middle Eastern barrels considering...