Asia Crude Oil News

The OPEC+ producer group is likely to continue with planned production increases until at least the end of the year...

Russia will produce and export more oil in 2022 than previously expected, while gas production...

An expected surge in the electrification of road transport will lead to a 50% cut in global refining capacity by 2050, causing a shortage of jet fuel, fuel oil and petrochemicals...

Refining New Zealand has reported negative refining margins for July and August, reiterating plans to convert the nation's only refinery...

Asia fuel oil prices and cracks have further to rally, says Goldman Sachs as it sees Brent averaging $85/b in the fourth quarter...

Crude oil futures eased on Monday on a day that was characterised as "risk-off"...

Middle East crude retreated by more than 1% Monday but premiums for physical cargoes remain firm, while refined...

China imports of crude oil in August were up 8% on the month, but Russian flows dropped further into second place versus Saudi ...

Chinese marine fuel oil exports fell to a four-month low in August, forcing exporters to...

Premiums for Russia's ESPO crude oil surged to fresh post-pandemic highs versus Dubai swaps following a resumed interest from...

Crude oil futures dropped sharply in early US trading hours Friday, but markets were on course for sharp gains of nearly 3% on the week...

Middle East crude oil were little changed Friday consolidating the healthy gains over the week, while diesel cracks surged...

Middle East crude oil benchmarks rallied strongly over the week ending September 17, as the slow return to full production in the Gulf of Mexico...

Chinese oil refiners cut jet production almost 20% in August after airports were closed...

Abu Dhabi National Oil Company, BP and Abu Dhabi-based renewable developer Masdar have signed three agreements that could lead to billions of dollars of investment...

Crude oil futures were steady in late European trading hours Thursday, largely maintaining the week's gains amid...

Soaring natural gas prices could boost global oil demand 450,000 bpd over the winter as the market looks to switch

Russia's daily crude oil and condensate output for the first half of September was up around 2% compared to the August...

Premiums for Russia's ESPO crude oil have surged to post-pandemic high premiums versus Dubai swaps following an upswing in demand...

The global oil market will remain tight until the end of 2021 as the planned increases by...