Asia Crude Oil News

Dubai crude oil prices rallied 2% Thursday, catching up with gains in Brent, while diesel cracks continued...

Japan's industry minister has expressed reluctance in following the European Union's plans to ban oil imports from Russia due to...

Crude oil futures Wednesday rallied sharply after European Commission President Ursula von der Leyen proposed new sanctions against Russia...

OPEC+ sees a surplus of 1.9 million bpd in 2022, 600,000 bpd higher from its last forecast, amid expectations of slower demand growth...

Dubai crude oil prices edged higher Wednesday following the four-day extended Singapore weekend...

Refiner margins are expected to remain strong for at least several quarters as some...

The increase in OPEC's oil output in April undershot the rise planned under a deal with allies...

China's independent refiners have been discreetly buying Russian oil at steep discounts at a time when Western sanctions are set to tighten...

Crude oil futures Tuesday were trading lower as China's ongoing Covid outbreak and broader economic concerns...

Money managers trading the Brent crude oil futures cashed in during the final week of April after...

Refining and trading margins at London-listed energy major BP have surged from to $1.65 billion...

Iran's oil minister has paid an official visit to ally Venezuela to meet President Nicolas Maduro and discuss ways...

India's Foreign secretary Vinay Kwatra said that India's oil imports from Russia are much lower than what the rest of the world imports from Russia...

At least six rockets landed in Erbil province's Khabat district on Sunday, targeting a key oil refinery...

Negotiations to restore the Iran nuclear deal have ground to a complete standstill with the US and Iran unable to resolve the row of the status of...

Crude oil futures Friday were trading higher, extending the previous session's gains on expected tighter sanctions against Russia, although China's...

US major ExxonMobil booked Q1 earnings of $5.5 billion in the first quarter of 2022, more than...

The April monthly average price for benchmark Middle East Dubai crude retreated 7% versus the previous month...

Dubai crude oil prices rallied strongly for the final trading session of the month Friday, while jet cracks...

Crude oil futures Thursday moved into positive territory on reports that Germany will end its opposition to an EU embargo on Russian oil...