Asia Crude Oil News

The Fujairah Oil Terminal (FOT) is investing around $45 million in upgrading its infrastructure and...

Middle East crude posted gains for a seventh consecutive session to close at a three-week high, while refined products...

Middle East crude oil benchmarks surged over 8% on the week ending August 27, more than compensating for the steep losses...

Crude oil futures Thursday eased lower on a combination of profit taking, Mexico stepping up production and ongoing...

Japan's Mitsubishi Shipbuilding has partnered with French energy company TotalEnergies to...

Tankers carrying sanctioned Iranian and Venezuelan crude oil have created a parallel tanker...

Middle East crude closed around $0.50/b higher, while refined products

Brent, Dubai crude spreads widen, following the steep gains in outright prices this week....

Petrochina swung back into profit in the first half of the year as a surge in oil and gas prices combined with recovering demand...

A routine announcement by the Price Reporting Agency Platts that a trading company would be joining its Asian crude...

Oil futures pushed higher during afternoon trading in Europe Wednesday to extend the week's rally, while the latest stocks data from the...

Middle East crude maintained the week's upwards momentum Wednesday, while refined products cracks were mostly stable on the day...

Japan's crude throughput hit a six-month peak last week, although utilisation rates against available refining capacity fell, while product and crude stocks built...

Aramco Trading Company has advised S&P Global Platts that it would like to participate in the Platts Asia Market on Close (MOC) assessment process for Asia crude cargoes...

OPEC's crude exports in the first half of August are up by nearly 500,000 bpd compared to its July average, as the group further unwinds its production cuts...

Operations at China's Meishan container terminal in the Ningbo-Zhoushan port complex, the third busiest in the world, have resumed...

Japan plans to expand the COVID-19 state of emergency covering Tokyo and 12 other areas to eight more regions, as it looks to quell the country's...

Crude oil futures continued to rally Tuesday after a fire at an oil platform in the Gulf of Mexico, consolidating and then building on the steep gains from the previous session.

The rally in Brent will continue after Chinese oil demand recovers in September, UBS said Thursday...

The slump in light-end cracks and a lack of spot buying from China has crunched premiums for medium light crudes trading East of Suez...