Asia Crude Oil News

Asia commentary and prices suspended due to Singapore national holiday.

Energy traders are braced this month for an upturn in Atlantic weather systems following a quiet July, as August typically heralds the start of the 'peak' North Atlantic...

Saudi Aramco's profits soared to SR95.47 billion ($25.46 billion) in the second quarter as a recovering global economy pushed up oil prices...

Crude oil futures were volatile following the release of more key US jobs data Friday, surrendering some of the gains from earlier ...

The OPEC+ group of oil-producing countries added between 680,000 and 750,000 barrels per day of production in July ...

Middle East crude posted gains for the first time this week, rallying nearly $2/b, while refined products ...

Middle East crude oil benchmarks Dubai and Oman, both medium sour crudes, were more than 3.5% lower in week ending August 6, as prices retreated sharply on fears...

Oil demand is set to grow throughout the decade and possibly beyond, despite the energy transition, according to a report published by Energy Intelligence...

Shareholders of The New Zealand Refining Company have overwhelming voted to convert the country's only refinery to a storage terminal ...

Crude oil futures were boosted in late afternoon European trading by positive US macro data but were still far away from clawing back the week's sharp losses ...

The Dubai crude forward curve has narrowed sharply this week on fears of a Covid-initiated fall in demand, particularly from China, including a $0.90/b drop...

Glencore sees oil profits return to normal, coal improve, and metal and mineral profits surge...

UBS advises investors to go long Brent as vaccinations roll out amid tight oil fundemantals...

Middle East crude continued the downtrend Thursday, while refined products...

China's crackdown on travel as it attempts to halt the spread of Covid-19 has already knocked out some 300,000 barrels per day of jet fuel consumption and 150,000 bpd ...

The world's largest oil company rounds off the energy reporting season next week when Saudi Aramco is expected to deliver a strong set of results ...

Brent under pressure amid fears of surging Covid cases and EIA data showing gasoline and crude stocks moving in opposite directions ...

Strong gasoline statistics overwhelmed by Covid, crude and a poor jobs report ...

India's state refiners will grow oil refining capacity 20% by 2025 said a government minister Wednesday, a move that would add crude processing of ...

Middle East crude prices softened for the third day running, while refined products