Asia Crude Oil News

Mexico's state-run oil firm Pemex has sharply reduced crude exports to India, the third largest market for its oil, following the acquisition of...

The eighth round of talks between Iran and international community resumed Tuesday in Vienna, amid optimism that a deal is

Australian oil company Santos booked 100 million tonnes of CO2 storage in the country's Cooper Basin as part of its annual reserves statement...

Crude oil futures Tuesday were in sharp retreat as indirect talks between the United States and Iran resumed, increasing speculation over a potential breakthrough...

Asian crude prices eased off slightly Tuesday, following the broader global trend, while it was...

BP joined the growing list of energy companies enjoying soaring profits, with the company reporting its...

Crude oil futures Monday were slightly down from last week's seven-year highs, although prices remained at elevated levels as...

Global oil stocks are at "worrisome" levels as waning OPEC+ spare capacity is expected to reach an alarming degree by next year amid higher demand outstripping supply...

Asian crude prices tracked up to fresh seven-year highs Monday, catching up with Friday's Brent gains...

Japan is considering tripling the cap of its gasoline subsidy scheme as it is set...

The world will need the return of Iranian oil, along with Venezuelan crude, albeit to a lesser extent, to...

ADNOC has increased Official Selling Prices (OSPs) for March-loading crude, with its flagship Murban crude set at $85.11/b, up $10.75/b from

Saudi Aramco has hiked its Official Selling Prices (OSPs) for March-loading crude oil for Asia, broadly in line with market expectations...

Russia's state-owned energy major has signed an agreement to supply 100 million mt of crude oil and products...

Saudi Aramco will revisit plans to list more shares and could raise up to $50 billion selling a 2.5% stake in the company...

Crude oil futures Friday surged to fresh seven-year highs as Brent and WTI simultaneously topped $90/b for the first time..

Water injection problems at Iraq's mega southern oil fields operated by international oil companies could hamper the country's ability to pump more crude...

Benchmark Middle East Dubai crude strengthened 4% in the week ending Feb. 4, registering fresh seven-year highs in the process as oil markets...

Asian crude prices surged to fresh multi-year highs Friday as benchmark Dubai gained another 3%, while...

ConocoPhillips said the market should be concerned over soaring oil production in the US this year and in 2023, potentially repeating the supply surges...