Asia Crude Oil News
11 Apr 2025
East of Suez oil prices eased again cement weekly losses of almost 8%, while the east-west spread for marine fuel and HSFO both widened to...
11 Apr 2025
China raised its tariffs on all US products from 84% to 125% in response to the White House's threat to increase reciprocal duties to 145% as the...
11 Apr 2025
The US government has decided to sanction a Chinese terminal for breaking trade restrictions on Iranian crude and oil products in the latest move...
11 Apr 2025
Chinese refiners are to scale up purchases of Saudi crude oil in the coming months, taking advantage of lower sale prices from the world's...
10 Apr 2025
Benchmark crude oil futures were mixed Thursday after US President Donald Trump placed global tariff plans on ice for all but China...
10 Apr 2025
Crude oil futures were sliding lower as benchmarks struggled to hold onto initial gains after Trump announced a pause on...
10 Apr 2025
Worldwide oil demand growth through next year will be undermined by a slew of changes in global policy, notably tariff increases...
10 Apr 2025
Kazakhstan will meet its OPEC+ target in April and compensate for March overproduction, the Energy Ministry told Interfax, after the country...
10 Apr 2025
The Caspian Pipeline Consortium (CPC) said Thursday it is expecting emergency repairs at a pumping station in southern Russia to...
10 Apr 2025
East of Suez oil prices rebounded in line with global markets Thursday, including crude bouncing over 5%, while the refined products...
9 Apr 2025
Benchmarks were sharply lower on Wednesday as China unveiled an additional 50% tariff to hit US goods on Thursday, while US crude inventories...
9 Apr 2025
Oil futures: Crude oil futures slumped to fresh multi-year lows as the turmoil around global tariffs showed no signs of abating...
9 Apr 2025
Kazakhstan lifted crude production to a record 1.79 million bpd in March, overshooting its OPEC+ quota by more than 300,000 bpd and...
9 Apr 2025
India's Reliance has shut at least one crude unit and other secondary units at its massive Jamnagar refinery for around three weeks...
9 Apr 2025
China announced Wednesday it will sharply raise tariffs on US imports, mirroring Washington's latest move and deepening concerns...
9 Apr 2025
Benchmark Dubai crude resumed the massive selloff Wednesday as the tariff-led upheaval continued, with gasoline slipping to...
9 Apr 2025
The Caspian Pipeline Consortium (CPC) has restarted operations at one of two loading moorings at Novorossiysk...
9 Apr 2025
Middle distillate inventories in Japan climbed further last week as refiners brought more units back online following peak maintenance...
8 Apr 2025
Crude oil futures Tuesday extended the massive April losses, as benchmarks failed to hold earlier gains as the tariff war showed no signs...
8 Apr 2025
Benchmark crude oil futures drifted lower on Tuesday as focus remained centred around the mounting trade tensions between the US and