Asia Crude Oil News

Abu Dhabi OSPs for September, pegged against the recently-launched ICE Futures Abu Dhabi (IFAD) Murban contract...

Crude oil futures in late European trading hours Friday were consolidating at around two-week highs, as sentiment remained broadly positive...

An attack on an oil tanker linked to an Israeli billionaire killed two crew members off Oman in the Arabian Sea, marking the first fatalities after...

Indian Oil Corporation refining runs reached 90% in July, the company said Friday, adding...

Oil major Chevron on Friday reported a 5% rise in oil and gas production in the second quarter...

Middle East crude oil benchmarks Dubai and Oman, both medium sour crudes, were around 2% higher in week ending July 30, as markets continued to recover...

ExxonMobil ramps up Permian basin production in second quarter as it posts a huge rise in earnings, largely on the back of the chemical business...

Japan cut imports of crude and products in June after May's huge stock builds, but product demand stepped up...

After a slow start to the year, Turkish crude imports have increased for four months in a row...

Middle East crude maintained upwards momentum Friday although Dubai continued to lose ground to Brent, while...

Middle East crude oil benchmark prices posted the highest monthly averages for nearly three years as Dubai and Oman contracts for September expired Friday...

The Brent and Dubai benchmarks have diverged ahead of September contract expiry Friday with a firm Brent contrasting a softer Dubai market...

Crude oil futures in London trade Thursday continued the upwards momentum on growing demand optimism, underpinned by last week's drawdown in US oil inventories ...

Middle East crude oil prices gained 1% Thursday hitting two-week highs, while refined products

Profits in Shell's upstream business jumps, but the company warns the outlook still remains uncertain...

Australia's Woodside Petroleum is closing in on a deal to acquire oil and gas assets from mining giant BHP...

Brent futures were poised to end the day 0.5% higher and WTI 0.8% after trading in positive territory throughout most of the day...

Indonesia would cut its usage of oil in the transport sector to just 20% of energy by 2050 under its latest carbon-cutting plan, representing a significant cut in nominal terms ...

Global oil demand fundamentals remain solid and demand will likely grow by 5.6 million bpd in 2021 and a further 3.3 million bpd in 2022, said the Oxford Institute...

Middle East crude oil prices were little changed Wednesday but lost further ground to Brent...