Asia Crude Oil News

Shipyards bulging with new orders as world ears up for trade and oil demand surge...

Asia crude shrugs off further Japan travel restrictions, while jet cracks retreat...

Brent crude oil futures pulled up just short of $70 per barrel ahead of the July-contract expiry Friday, but markets remain positive on US demand-growth optimism which overshadowed...

French oil major Total has rebranded itself to TotalEnergies as it redirects some of its investments...

Asian refining margins were steady on the week, despite a sharp 7% rise in the value of crude as fears...

July crude buying interest runs out of steam Thursday, while the fall in Singapore inventories only had a positive impact on fuel oil...

Oil futures recovered earlier losses in late trading Thursday, as positive economic indicators from the US underpinned demand-growth optimism, while a timeline on the return of Iranian oil into the market...

A district court in the Netherlands sent shockwaves around the oil industry on Wednesday after it ruled oil major Royal Dutch Shell must cut sharply its emissions of carbon dioxide to help combat global warming...

US crude stocks fell by over 1.5 million barrels in the seven day period to May 21, weekly data from...

Japan's refineries used 2.236 billion litres of crude in the week ending May 22, a 6.8% drop on the week, while output shifted ...

July Brent rallies after EIA reveals stock draws in crude, gasoline and distillates, but fails to recover to earlier intraday high...

Members of the OPEC+ group of oil producer group will consider the possibility of Iranian oil returning to the global market, Russia Deputy Prime Minister Alexander Novak told reporters…

Iran may be holding as much as much as 69 million barrels of crude oil and condensate at sea, according to Bloomberg, referencing leading broker E.A. Gibson…

Khalifa Industrial Zone Abu Dhabi (KAZID), a subsidiary of Abu Dhabi Ports, has announced plans to build a new 200,000 ...

GCC borrowing requirements will drop sharply in 2021 as economic activity picks up, oil prices rise and governments constrain spending

Middle East crude oil futures edged higher Wednesday, amid subdued trading with the key Singapore market closed for a national holiday.

Brent rallies after data shows US homes price inflation hits seven year high...

Middle East oil and gas producer Oman set a new record for condensate production during the first four months of this year…

Dubai crude holds firm ahead of Singapore holiday...

Nigeria's state-owned oil company Nigerian National Petroleum Company has signed an agreement with energy majors ...