Asia Crude Oil News

Brent bounced back after the US EIA report, shrugging off earlier bearish news of the White House lobbying OPEC+ to open the taps...

Iraq's State Oil Marketing Organization has left its Official Selling Prices for its flagship Basrah Light grade unchanged for Asia customers in September, while slightly reducing...

Middle East crude prices pushed higher Wednesday following the rise in western benchmarks...

The US will call on the OPEC+ group to add more barrels to its planned 400,000 barrel per day monthly increase, after talks with ...

Goldman Sachs said Chinese oil demand will slump by around 1 million bpd for the next two months as a result of the zero Covid policy...

Kazakhstan exported 39.3 million mt of crude oil and condensate between January and July 2021, the country's energy...

Exxon Mobil has begun marketing its US shale gas properties as it ramps up a long-stalled program that aims to raise billions of dollars to shed unwanted assets and reduce debt...

The forecast for global oil demand growth in 2021 and 2022 was kept unchanged in the latest...

Iraq plans to increase its oil production to 8 million barrels per day by the end of the year 2027 announced Oil Minister Ihsan Abdul-Jabbar Tuesday...

Russian exports of petroleum products grew 0.6% in June as increased diesel trade offset a drop in sales of other products ...

Crude oil futures in London trading hours Tuesday rallied, rebounding from three-week lows, although Covid restrictions remain an ongoing concern.

Saudi Aramco will provide a number of its customers in Asia-Pacific and Europe with their requested September term crude volumes...

Middle East resumed the weaker price trend Tuesday following the Singapore holiday Monday, while refined products...

China's largest oil refinery is cutting operations at some of its plants by as much as 10% as ...

A fire was reported August 10 at Kharg Petrochemical Company on Kharg Island, Iran, the second blaze at Iran's largest export terminal in less than a year...

Crude oil futures in London trading hours Monday rebounded from earlier lows, but prices were still close to $2/b down on the day...

Brownfield impairments will remain only a minor contributing factor to Russian oil output cuts, with the world's second...

Funds cut bullish bets in WTI in the week when US crude stocks built ...

Malaysia's total production of the main refined product groups rose to a post-pandemic high in June, even as lockdown measures were rolled out ...

Chinese imports of crude oil fell in July despite the country recovering from a heavy maintenance programme ...