Asia Crude Oil News

Spend more on renewables or power prices will keep rising, and carbon emissions will stay high, warns IEA...

China has agreed to release crude oil from its strategic reserves around the Lunar New Year period at the start of February...

China's crude oil imports grew 7% in December to a 10-month high as independent refiners took advantage of fresh import...

Benchmark Middle East Dubai crude extended the month-long rally, finishing the week ending 14 January at fresh seven-week highs...

Benchmark Dubai rallied to fresh two-month highs Friday, as middle distillate cracks continued to post fresh...

Ten workers were injured after a fire broke out at Kuwait's largest refinery early...

Crude oil futures eased back from recent highs Thursday, but consolidated most of the week's strong gains that lifted prices...

The benchmark Dubai crude forward curve has recovered strongly since the start of January and the multi-month lows registered in December...

Japan's jet fuel stocks dropped 9% last week as the country pushed distillate output towards kerosene after stocks of the...

Premiums for Russian light sweet Sokol crude have rallied strongly following the surge in Asian distillate cracks

Benchmark Dubai rallied maintained the upwards momentum Thursday hitting fresh post-Omicron highs, while...

Iraq has completed the installation of new pumps at its southern oil terminals, paving the way for an increase in crude exports...

Crude oil futures Wednesday rallied to the highest levels since November 25, building on the strong gains from the previous session as...

Refining margins for distillates in Asia hit a post-pandemic high in trade on Wednesday...

China's northern port city of Tianjin and central province of Henan have further tightened restrictions on Wednesday...

Crude oil production in Azerbaijan rose for the third straight month in December...

Benchmark Dubai rallied to a two-month high Wednesday, while refined products saw cracks...

The US Energy Information Administration (EIA) has raised its forecast for Brent this year to $75/b, up from $70/b...

Crude oil futures rallied over 3% Tuesday as investors focused on broader supply concerns, largely shrugging off the increase in...

Investors will pour cash into upstream oil, gas and LNG projects this year, but midstream and downstream...