Asia Crude Oil News

Exports of crude oil from Saudi Arabia gained 241,000 barrels per day in May, or 4.5%, to a 4-month high of 5.649 million bpd ...

Quantum Commodity Intelligence – The co-founder of a newly-established price reporting agency...

China's refined product exports were sharply higher in June, with jet and diesel outflows jumping 65% and 45% respectively from May ...

Middle East crude softened Monday following the weekend OPEC+ deal that adds 2 million barrels of crude by the end of the year...

The OPEC+ deal that sees the producer group pump an additional 2 million bpd by year-end is 'supportive' for oil markets, said Goldman Sachs....

Iran is planning to export the first crude oil cargo from the Jask terminal in Southeast Iran, according to a port official this weekend...

The OPEC+ producer group Sunday has agreed to add 2 million barrels of crude oil to the markets by year end, after resolving the row over baseline production levels...

Crude oil poised to close down on the week after bouncing off multi-day lows

Middle East crude prices were little changed on the day Friday, while refined products….

Middle East crude oil benchmarks Dubai and Oman retreated in the week ending July 16, primarily on reports that the OPEC+ producer group has...

The prospect of the speedy return of additional Iranian barrels in the market has largely been removed this week, but with talks set to resume...

India's new Petroleum Minister Hardeep Singh Puri has vowed to work with oil producers to reduce volatility in oil markets and make crude prices affordable...

Crude oil futures in European trading hours Thursday extended the previous day's losses in another day of choppy trade, as the sell-off continued over fears...

Australian oil imports dropped nearly a quarter in May to 0.74 million barrels per day (bpd) ...

OPEC maintained its firm demand outlook Thursday, putting world oil demand growth for this year unchanged at 6 million barrels per day...

Crude oil stocks in China likely fell by 659,000 barrels per day (bpd) over the second quarter of the year, according to Quantum calculations ...

Chinese daily throughput of crude oil rose almost 4% in June compared to a month earlier ...

Middle East crude prices tumbled over 3% Thursday, while refined products….

China's independent refineries are being forced to cut crude imports due to the shortage of crude quotas, leading to a rise in feedstocks that fall under the category of bitumen blend...

Crude oil futures swung violently on news that the row between Saudi Arabia and UAE over production levels was dramatically resolved...