Asia Crude Oil News

Crude oil futures in European trading hours Friday eased back from the sharp rally during the previous session, as focus switched to Monday's OPEC+ meeting...

Middle East crude eased slightly on the first day of the new month ahead of Monday's OPEC+...

Average Urals crude prices rose 6.6% in September as the wider energy market rallied through the month, the finance ministry...

Russia's finance ministry is bracing itself for a dramatic earnings loss over the coming decades, forecasting a six-fold drop in ...

Crude oil futures surged higher in late-afternoon European trade Thursday after reports that China had issued orders to state-run companies...

Saudia Arabia expects oil prices to remain buoyant through next year as its revenues grow along with a greater OPEC quota...

Middle East crude edged higher Thursday as focus switch to OPEC and the Q4 demand...

Crude imports into Turkey fell by 151,000 mt in August compared with July in a seasonal...

Middle East medium sour crude oil benchmark prices rallied strongly during September on expectations of a firm demand recovery in the fourth quarter, plus fears over...

Fuel retail and downstream trading arm Puma Energy was consolidated into Swiss...

Japan's oil products demand increased seasonally in August, but the bounce was much smaller than usual as record Covid-19 infections linked to the Delta variant reduced mobility...

Iraq has converted nearly half of its export capacity at its southern terminal on the Arab Gulf coast to load its Basrah Medium crude...

The OPEC+ producer alliance is likely to face increased calls to accelerate production hikes ahead of its latest virtual meeting on October 4 as benchmark Brent prices...

Crude oil futures were trading marginally lower in late-afternoon London hours, having rebounded firmly from the earlier lows...

The OPEC+ Joint Technical Committee (JTC), meeting ahead of the ministerial gathering next Monday, sees oil markets in a 1.1 million bpd deficit for this year...

Iraq and Turkey are planning to reinstate the 600-mile-long pipeline which used to transport...

Japan's crude oil stocks fell to at least a 17-year low last week after a 7%, or 4.22 million barrel stock draw, while kerosene...

The US has approached China via diplomatic channels in an attempt to persuade the world's largest oil importer to reduce its purchases of Iranian

Middle East crude retreated by over 2% Wednesday, registering the first price drop of the week, while refined product cracks in...

Gunvor's profits during the first half of 2021 fell 28% from last year's record high as the crude oi...