Asia Crude Oil News

Goldman Sachs has reiterated its position that a release of crude stocks from the US strategic petroleum reserve would have...

The United States has asked China to release oil reserves to help stabilise soaring international crude oil prices as part of...

Crude oil futures Wednesday retreated as the US dollar rocketed to fresh yearly highs, while a steep drop in US gasoline stocks raised the prospect of a...

Three energy companies published Wednesday the world's first accounting guide to help quantify the greenhouse gas emissions generated by a cargo...

he United Arab Emirates' energy minister Suhail Al-Mazrouei on Wednesday reiterated the OPEC position that there is no shortage of oil and the market will...

Japanese inventories of kerosene rose for second straight week to reach a one-year high...

The second tranche of January ESPO crude oil cargoes have been sold at slightly lower premiums compared to the first bath, reflecting the later loading dates...

LNG prices could spike higher this winter as low inventories leave the market vulnerable to a colder-than-normal winter, while oil demand has largely recovered

Middle East crude oil prices retreated Wednesday, largely giving up the previous day's gains...

Crude oil production in Azerbaijan fell for a fourth consecutive month in October to...

Crude oil futures Tuesday were trading higher late afternoon in London after a volatile session saw prices give up...

A senior employee at Russia's state-owned oil major Rosneft has forecast Brent crude prices continuing to rise to as much as...

Iraqi oil exports will rise to 3.4 million barrels per day (bpd) by the first quarter of next year...

Japan is planning to offer subsidies of around 5 yen per litre of gasoline ($0.04/l) to...

Indian diesel demand during the first half of November cooled after it surged in October...

The global oil market will move from a supply deficit into a surplus in December, according to OPEC Secretary-General...

Rising oil supplies is turning the tide in global oil markets and could trigger lower prices...

Middle East crude oil prices strengthened Tuesday leaving light end cracks flat to...

Premiums for Russia's ESPO crude oil hit new post-pandemic highs against benchmark Dubai Tuesday, underpinned by...

Plans to use an Israeli pipeline to transport crude oil from the Arabian Gulf to the Mediterranean coast under a deal with the...