Asia Crude Oil News

The January monthly average price for benchmark Middle East Dubai crude was sharply higher versus the previous month...

Funds booked profits in Brent and WTI last week after prices hit seven-year highs...

Asian crude oil markets continued the firm upwards trend on the final day of the month, setting fresh seven-year highs...

Vietnam's Nghi Son Refinery and Petrochemical Limited (NSPR), operator of the...

Crude oil futures in Friday were again surging higher with markets on course for a sixth consecutive week of gains, as supply concerns...

Underlying volumes in the North Sea benchmark Dated Brent will rise in March from February, potentially easing the tightness...

Distillate cracks in Europe hit a fresh post-pandemic peak Thursday in Europe as Brent flirted around seven-year...

The European Space Agency's Sentinel-1B satellite remains offline more than three weeks after undergoing a significant disruption, with the outage likely to take several more "weeks"...

Asian crude was slightly lower on the day but consolidated near seven-year highs, while refined products saw...

Benchmark Middle East Dubai crude extended the six-week-long rally in the week ending 28 January, registering...

Saudi Aramco Chief Executive Amin Nasser said Thursday that investment in oil and gas was needed to run alongside new energy investments...

Crude oil futures Thursday rallied to fresh seven-year highs before falling back....

Oil companies should prioritise investments in short-cycle oil, such as shale from the US Permian Basin, to avoid stranded assets in the 2030s...

The benchmark Dubai crude structure has continued its strong January rebound, as the one-year forward curve surged to its strongest level since...

China will implement a "dual control system" by central and provincial authorities for cutting CO2 emissions...

China's Sinopec said it expects its net earnings for 2021 to triple as Chinese demand for...

Asian crude oil prices raced to new seven-year highs Thursday, with those moves helping lift product naphtha...

Woodside Petroleum has decided to withdraw from Myanmar due to the deteriorating human rights situation...

Crude tanker earnings are unlikely to return to pre-pandemic levels in 2022 with the market set to remain oversupplied.

Crude oil futures Wednesday surged to fresh seven-year highs as concerns over a potential disruption to Russian supplies...