Asia Crude Oil News

Oman's crude oil output edged higher in September for the seventh consecutive month as the OPEC+ producer group continues to unwind...

State-owned Qatar Petroleum has rebranded itself QatarEnergy, reflecting the company's broader participation in energy markets...

Middle East crude prices ramped up to fresh three-year highs Monday, while firmer distillate and light-ends cracks underpinned...

Saudi Aramco will allocate full volumes to term holders in Asia for November, while some customers have requested additional supplies...

Kuwait has become the latest NOC to cut its November crude export official selling price (OSP) for Asian refiners, reflecting...

Crude futures climbed Friday following the release of a disappointing US jobs report which caused the dollar index to tumble...

Germany's Commerzbank has raised its fourth quarter oil price outlook for Brent crude oil by $10/barrel to $85/b, citing robust demand...

South Korea has proposed to raise its 2030 emissions reduction target to 40% from 2018 levels, up from the current 26.3%..

An influential research outfit has called on the International Energy Agency to open up its data stores for free in a bid to...

Middle East crude oil markets rallied sharply over the week ending October 8, as prices initially ramped up early in the week following the OPEC+ decision...

Middle East crude prices surged near 5% Friday, more than erasing the previous day's losses, while...

Brent crude futures were recovering in early afternoon in Europe Thursday after filings for jobless benefits in the US fell for the first time in four weeks...

Energy major Shell estimated the impact of Hurrican Ida on its Q3 upstream output at 90,000 barrels of oil equivalent per day...

Russia could significantly step up natural gas exports to Europe over the winter period, said the head of the IEA...

Middle East crude oil tumbled by around 4% Thursday as Asia played catch-up with 24hrs of...

Crude oil futures in European trading hours Wednesday reversed earlier gains on a broader market sell-off that included equities, although oil prices remain closes...

World energy demand will rise by almost 50% between 2020 and 2050 and emissions will increase from current levels...

Energy major Shell's LNG portfolio will be active well into the second half of the century, said CEO Ben van Beurden...

OPEC secretary general Mohammad Barkindo said Wednesday that the energy transition is undermining investments in new supply in the oil and gas sector, and helped explain high prices

Worthy of note is that the regrade has widened, indicating it is European demand for diesel that remains the driver behind the Asian jet complex amid eye-wateringly high gas prices...