Asia Crude Oil News

Australian oil products imports trended lower for a third consecutive month in January, with a 9% month-on...

Crude oil futures Tuesday continued the sharp downwards trend on hopes of a ceasefire in Ukraine, while focus also switched to...

The world's biggest oil exporter Saudi Aramco is considering taking payment for its oil...

Oil producing group OPEC said Tuesday that it still expected oil demand to rise by 4.2 million bpd...

Backwardation in the Middle East Dubai crude benchmark slumped to a two-week low Tuesday, as fears over prompt supply shortages...

Crude throughput in the world's biggest importer of oil fell 1% in the January-February period...

Benchmark Dubai crude Tuesday tumbled by more than $10/b as the sharp downturn continued...

The French government defended TotalEnergies' decision to retain its current Russian...

Norwegian energy major Equinor will stop trading Russian oil as it admitted that it will take...

Crude oil futures continued their spectacular decline on Monday, falling $6/b from Friday's close...

Global airline capacity was static for a third straight week driven by western sanctions on...

Biofuels consumption will more than double by 2050 driven by a massive ramp-up in demand for sustainable aviation fuel, with...

Oil demand will flatline for much of this decade before falling 20% by the middle of the...

India is moving closer to setting up an alternative payments system to maintain its trade with Russia, have identified a potential bank...

A supertanker carrying crude oil which originated from a Russian terminal has docked at...

The US has ruled out offering any sanctions relief to Russia in order to clinch its support for an agreement to revive the 2015 nuclear accord with Iran...

Middle East crude prices Monday eased from pre-weekend levels although made further gains against Brent...

The UK's Prime Minister Boris Johnson is planning to travel to Saudi Arabia next week to...

Iran has claimed responsibility Sunday for a missile barrage that struck near a sprawling US consulate complex in Irbil, northern Iraq...

Japanese trading houses Mitsui & Co. and Mitsubishi Corp. are sticking with the Russia Sakhalin-2 project...