Asia Crude Oil News

Crude oil futures in European trading hours Tuesday were steady, recovering from an earlier dip...

ADNOC, the Abu Dhabi National Oil Company, will be powered only by renewable electricity in January...

Brazil's gasoline output reached a near 7-year high in September as overall transport fuel production remained strong and crude...

China will cap its annual crude oil throughput at 1 billion mt – equivalent at 20.08 million...

Middle East crude prices eased back Tuesday from the three-year highs registered in the previous session, while light end cracks...

Australia, the world's second-largest coal exporter and largest LNG exporter, has committed to net-zero domestic carbon...

Thai crude imports fell to a 17-month low in September amid a fall in demand this year as a Covid outbreak fuelled by the...

China's largest independent refinery, Zhejiang Petrochemical Corp, has been issued a fresh batch of 2021 import quotas at...

Crude oil futures in European trading hours Monday extended the upwards trend as key benchmarks traded at or around multi-year highs...

Backwardation in global crude oil benchmarks has widened sharply this month, highlighting expectations for continued tightness...

Iraqi crude oil production nudged higher this month to reach its OPEC+ target...

The Brent/Dubai EFS (exchange of futures for swap), a key metric in comparing Dubai-related crude oil versus grades...

Middle East crude prices hit fresh three-year highs, while light end cracks soared to highs last seen in Singapore in...

China committed to boosting the share of non-fossil energy consumption to 80% by...

Saudi Aramco, the world's largest oil company, has joined other energy majors and pledged to reduce carbon emissions from...

Goldman Sachs says oil demand has already surpassed 99 million barrels per day and will shortly match pre-Covid consumption of...

Crude oil futures in European trading hours Friday pushed higher as oil shrugged off the broad-based energy sell-off, led by...

Middle East crude prices were lower Friday, while product cracks in Asia continued to firm at the top of the barrel while low...

India's domestic crude production was below target for the fifth month in a row in September, leaving year-to-date output...

Global refineries should tailor their output in favour of petrochemical production...