Asia Crude Oil News

Crude oil production in Azerbaijan fell 9,900 bpd in September to its lowest level since May this...

Middle East crude oil prices were little changed week ending October 22, consolidating at around three-year highs as concerns over...

President Joe Biden reiterated US claims that high oil prices are a result of the OPEC+ producer group withholding production, warning American motorists to expect...

Crude oil futures in European trading hours Thursday gave up some of previous-day's sharp gains which followed the unexpectedly large draw in US inventories...

Vietnam's oil product imports went up a significant 40% month-on-month in the first half of October to 197,892 tonnes as authorities lifted a strict curfew on Ho Chi Minh City...

Middle East crude prices bounced back Thursday as sentiment remain broadly upbeat, while gasoline led...

Australia's Santos delivered record quarterly sales revenue of US$1.14 billion in the third quarter, underpinned by soaring LNG prices.

Exxon Mobil is debating whether to continue with several major oil and gas projects as the company's board of directors reconsiders its investment strategy in a fast-changing energy landscape...

Saudi Arabia's Minister of Energy, Prince Abdulaziz bin Salman, said gas to oil switching increase oil demand of 500,000-600,000 bpd this winter...

Pledges to cut fossil fuel production to limit global warming has been derided as hot air by the United Nations Wednesday...

Middle East crude prices retreated for the second consecutive session Wednesday, while product cracks were mostly weaker...

US crude stocks increased 3.3 million barrels last week, sources said Tuesday, citing data from the American Petroleum Institute...

Brent crude oil futures were broadly higher in afternoon trade in Europe, but off from earlier highs of above $85/b after data showed...

Information provider IHS Markit may have to sell its base chemicals price reporting business to...

S&P Global Platts published Monday additional guidelines around the market for low-carbon crude oil, which could take off over the next few years...

Quantum Commodity Intelligence – Middle East crude retreated Tuesday from the previous-session's three-year highs...

Iran and Venezuela are to sign a 20-year cooperation deal during Venezuelan President Maduro...

China state-owned oil trader Unipec is supplying crude oil to two independent domestic refiners who are subject to tax probes...

India is set to push for higher oil output from OPEC+ members when it hosts the upcoming CERAWeek energy conference in Delhi...

Crude oil futures in late afternoon European trading hours Monday retreated to from the earlier multi-year highs, as prices pulled back on weak economic data from...