Asia Crude Oil News

New lockdown measures imposed on Shanghai from the start of this week will slow global...

Indonesia is considering buying Russian-origin crude oil, with chunky discounts on the sanctioned state making...

Saudi Arabia's energy minister has said OPEC+ will keep politics out of its decision-making in favor of...

Damage to the Caspian Pipeline Consortium's (CPC) loading terminal at the Russian port of Novorossiysk is...

Sokol crude equity-producer ONGC has sold its May allocation of the Russian light sweet crude to Indian refiners...

Crude oil futures Monday tumbled 9% as China announced its biggest city-wide lockdown since the Covid outbreak...

China's largest energy company, Sinopec, is planning to boost its capital investment to record...

India does not hold any rupee-nominated crude oil contracts with Russia and is not considering...

The number of open short positions held by investment managers in US gasoline futures...

Middle East crude continued to retreat Monday with the Dubai partials market softening ahead of the expiry, while naphtha prices rocketed...

UAE energy minister Suhail Al Mazrouei said the country would work closely with OPEC+ to keep markets...

The US wants to introduce a new oil revenue mechanism in Libya in a bid to break the stalemate...

The US Special Envoy for Iran said Sunday that a deal to restore the Iranian nuclear accord is not imminent with...

Crude oil futures Friday rebounded after reports emerged of a fire at a Saudi Aramco storage facility following a purported Houthi...

Crude oil prices leapt higher in Friday trading after social media video footage and reports circulated showing a large blaze...

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

Middle East benchmark Dubai crude posted gains of almost 5% in week ending 25 March, as concerns over a global supply crunch...

Middle East crude retreated for the first time in a week Friday although Dubai clawed back some ground against...

Some crude oil loadings from the Caspian Pipeline Consortium (CPC) have restarted at one of three...

Brent crude oil futures late Thursday were around 3% lower as G7 nations agreed to coordinate steps aimed at preventing evasion of sanctions...