Asia Crude Oil News

Middle East crude climbed to monthly highs as sentiment pivoted to the upside, while gasoline margins continued to firm amid tighter...

Azerbaijan's crude oil and natural gas condensate output continued to recover last month to hit its highest levels since April, monthly...

Crude oil futures were climbing higher on growing expectations of further China stimulus, while speculation on tighter sanctions...

Goldman Sachs expects oil tanker freight rates to decline steadily over the next two years as fleet growth outpaces demand, easing the...

OPEC has again trimmed its forecast for global oil demand this year and next, once more citing lower-than-expected growth from Asia...

Kerosene stocks in Japan continued to slide last week amid the peak winter heating season despite local refiners ramping up crude runs to the...

Middle East crude edged higher as Dubai continued to outpace Brent this month, while gasoline cracks continued to push higher...

The US Energy Information Administration (EIA) has lowered its 2025 Brent crude oil price forecast to under $74/b, down from almost...

Malaysia's refined oil products output fell sharply in October as weak regional demand was compounded by an unplanned refinery...

Middle East crude was little changed for a second session as markets looked for direction, while marine fuel spot prices remained under...

Crude oil futures in European trading hours Tuesday were slightly lower as benchmarks struggled to hold early week gains...

Chinese imports of crude oil soared in November as Beijing's allocation of extra import quotas led to a rush of spot purchases while product exports...

Crude oil futures opened the week higher after further upheaval in the Middle East added another layer of uncertainty for regional politics...

Middle East crude opened the week marginally lower as traders digested the Saudi OSPs, while strong volatility was seen in the products...

Salvagers have successfully offloaded crude oil from a stricken oil tanker that was struck by Houthi missiles in August...

Saudi Aramco has cut the OSP for its flagship Arab Light crude loading in January 2025, reflecting the lower cash cargo premiums...

Crude oil futures Friday were drifting lower, as OPEC's decision to stick with current policy for now was met with a lukewarm reception...

East of Suez prices were slightly lower Friday with this week's OPEC+ decision seen as only enough to maintain current prices, a move that put...

Crude oil futures were were little changed with the OPEC+ decision to delay planned output increases seen as only moderately supportive...

OPEC+ will maintain current production quotas for at least another full quarter, the OPEC secretariat said in a statement...