Asia Crude Oil News

The growing likelihood for a deal with Iran cast a shadow over Middle East crude, product cracks rebounded.

Chinese imports of Iranian oil likely fell in last month, according to Chinese customs data...

Rongsheng has purchased around 12 million barrels of July Middle East crude for its giant 800,000 b/d ZPC refinery...

Imports of crude oil into Australia increased 9.6% on the month in March to 1.435 billion litres, marking the third month ...

Oil prices plunge as deal with Iran seen moving closer…

Indian Oil Corporation has been running its refineries at 84% of capacity so far in May, down from 96% in April said ...

Energy majors Eni and BP are to explore combining their upstream assets in Angola, including oil, gas and LNG ...

Medium sour crude seen in demand, ESPO premiums at new highs

The Antipinsky oil refinery in Russia has been sold as part of bankruptcy proceeding...

Demand for distillate-rich crudes pushed ESPO premiums to new highs, as Surgut awards second of three July tenders…

Having finally breached $70/b on the third attempt this month, prices quickly retreated as a key US economic indicator dampened sentiment…

Middle East benchmarks Dubai and Oman hit post-pandemic highs...

New investments in oil, gas and coal must stop this year if the world is to become net-zero carbon by 2050...

ESPO premiums strengthen again, underpinned by distillate cracks and firmer Dubai structure

Oil rises as US and European demand outweighs sluggish crude demand and the Indian pandemic...

The Dubai crude structure strengthened to a two-month high Monday, as traders shrugged off lockdown concerns across Asia to bet on a tighter market during…

Saudi Arabia's crude oil production and exports hit a 9-month low in March...

Russia will not temporarily ban the export of gasoline...

Crude oil in Asia rebounded strongly Monday, catching up with western benchmarks after Friday's Brent rally ...

China's throughput of crude oil was flat in April compared with a month earlier, although runs remain...