Asia Crude Oil News

Crude oil futures Friday maintained the firm upwards trend, extending the the week's strong gains as prices hit the highest levels since March amid...

Two Greek oil tanker has been boarded in international waters by Iranian military personnel while navigating through the Middle East Gulf...

Tehran has summoned the envoy of Switzerland on Friday to protest against the US seizure of Iranian oil from...

G7 energy ministers have called on the OPEC group of oil producing countries to pump more oil...

Middle East crude oil finished the week ending 27 May comfortably higher, as global markets reacted to concerns of supply shortages...

Dubai crude raced to two-month highs Friday as the global squeeze on distillates and gasoline pulled...

Crude oil futures Thursday raced higher with Europe seen moving closer to an outright ban on Russian oil as demand is projected to...

Iraq's oil minister has discussed with BP raising output capacity at the 1.5mn bpd Rumaila field, the country's largest, to...

OPEC+ is set to stick to an oil production deal agreed last year at its meeting on June 2 and raise July output targets by a modest...

Russia's deputy Prime Minister Alexander Novak predicted a drop of between 5% and 8% in the country's oil output this year...

Dubai crude prices eased slightly on Thursday but held with a dollar of the monthly highs, while naphtha cracks...

India is set to continue buying discounted crude oil from Russia and is in talks to finalize pricing mechanisms...

Abu Dhabi's national oil company, ADNOC, is set to open its giant crude oil caverns in Fujairah during 2023...

Dubai's Department of Petroleum Affairs has set the official selling price (OSP) for Dubai crude loading in August at a discount of $0.05/b...

Crude oil futures Wednesday retreated sharply from earlier highs as US inventory data from the EIA failed to replicate the fall in US gasoline inventories reported by the API...

The US Treasury Department said Wednesday it has expanded sanctions against Iran to tackle an international oil smuggling and money laundering...

Brent crude oil futures are set to end the year at $95/barrel as an increase in Russian oil flows...k said.

he Brent/Dubai EFS rallied to a two-month high Wednesday as the North Sea market continued to lead the pack among crude oil benchmarks...

Dubai crude prices resumed the upwards trend Wednesday as focus returned to the supply side, while distillate...

More Japanese refining capacity was taken offline in the third week of May, with refineries...