Asia Crude Oil News

Middle East crude markets followed the global prices surge Wednesday, hitting fresh two-year highs .... but refined products...

Brent crude oil prices will stabilise at $68/b in the third quarter of 2021 before falling to $60/b...

Qatar's state-owned petroleum company, Qatar Petroleum, has set its Official Selling Price (OSP) for Qatar Marine crude oil in July at a premium of...

Crude oil futures rebounded Tuesday afternoon, clawing back losses made in earlier trading after US Census Bureau export data ...

State-run Chinese refiner Petrochina has been told to stop trading crude oil import quotas with independent refineries ...

Middle East crude prices eased back along with global benchmarks Tuesday, although concerns that China's clampdown could hit crude, but seen potentially supportive for products..

Demand for power in Kuwait hit record levels this week as summer temperatures soar boosting demand for air conditioning...

US Secretary of State Antony Blinken said Monday that that Iran's nuclear program has been out of control since the US withdrawal from the...

OPEC and its allies expect oil inventories to continue to fall in the coming months, OPEC's secretary general...

Crude oil futures have eased Monday as investors looked towards this week's talks to revive the Iran nuclear deal, while lower Chinese crude import..

The recent oil price strength is a function of the broader-based energy rally but underpinned by current and longer-term fundamentals, Vitol's head of Asia, Mike Muller, told

The long-term stability of energy supplies is at risk due to "underfinancing and underinvestment"...

The Brent/Dubai EFS (exchange of futures for swaps), a key metric in comparing Dubai-related crude oil against grades pricing against the North Sea Brent benchmark, has widened...

Middle East crude prices consolidated at $70/b Monday, but refined products mostly struggling to keep pace with crude...

Crude oil surged to fresh two-year highs Friday as the week-long rally propelled futures markets towards 5% gains on the week...

Dubai crude oil benchmark traded above $70/b Friday for the first time since May 2019, cracks

The largely Russian-backed Global Energy Association published this week a paper pushing for the adoption of technologies ...

Middle East crude oil benchmarks Dubai and Oman, both medium sour crudes, strengthened by more than 4% in the week ending June 4 as prices surged to....

Crude stocks draw down in US but rising refinery rates pushes up gasoline and diesel stocks...

Crude oil futures pushed up to fresh post-pandemic highs Thursday in Asia trading hours, but slipped lower after European markets opened...