Asia Crude Oil News
16 Jan 2025
Kerosene stocks in Japan continued to draw lower in the second week of 2025 amid peak heating season despite higher crude runs by local...
16 Jan 2025
China's state-owned CNOOC and Shell have greenlighted an investment to expand a jointly owned petrochemical...
15 Jan 2025
Crude oil futures were climbing higher as the upheaval to the supply side caused by fresh sanctions on Russia oil offset broader...
15 Jan 2025
Kazakshtan's Tengizchevroil (TCO) has completed maintenance at the country's largest oil field at Tengiz, according to state-led media...
15 Jan 2025
OPEC has maintained its outlook for global oil demand growth in 2025 at just above 1.4 million bpd, while in a first look at 2026...
15 Jan 2025
The International Energy Agency (IEA) has warned that global supply chains may face severe disruption this year amid intensifying trade...
15 Jan 2025
Fuel oil east-west arbitrage economics is pointing firmly eastward this week after the US and its allies announced a new wave of sanctions aimed at choking...
15 Jan 2025
Australian road fuel demand rose for the fifth consecutive month in November to reach its highest level on record, official data showed...
15 Jan 2025
Middle East crude were steady for a second session, holding close to six-month highs, while the product side is still pricing in fresh sanctions...
15 Jan 2025
South Korea's crude oil imports slumped in December as arrivals from the Middle East fell while a slight rebound in imports of US barrels...
15 Jan 2025
The monthly output of crude oil and natural gas condensate in Azerbaijan rose to 609,000 bpd in December, the highest since December last...
14 Jan 2025
Crude oil futures were drifting lower as markets took stock after the steep rally since the US and its allies announced tighter sanctions...
14 Jan 2025
Premiums for flagship crude grades surged to the highest levels in over two years, as the latest round of sanctions sent refiners scrambling...
14 Jan 2025
The volume of ship-to-ship transfers of sanctioned Russian oil near China could spike in the short term if the two countries were to maintain the trade flow in the...
14 Jan 2025
Crude production from OPEC+ was little changed in December with a reduction from the UAE offset by more modest increases elsewhere...
14 Jan 2025
Outright Middle East crude steadied after consolidating early week-gains Tuesday, which helped put a brake on the recent retreat in...
13 Jan 2025
Crude oil futures opened the week higher as the clampdown on sanctioned oil and US cold snap lifted prices to...
13 Jan 2025
Major investment banks estimate the latest US sanctions targeting Russia's energy sector could affect up to 1.7 million bpd of crude...
13 Jan 2025
India will achieve its 20% ethanol blending in gasoline target by October, the end of the current ethanol supply year, while crude oil demand...
13 Jan 2025
Middle East crude prices soared more than 5% Monday after the US and its allies launched fresh sanction targeting Russian crude...