Asia Crude Oil News

Having tumbled more than 3% on Thursday, oil futures bounced back more than 2% Friday…

Russian energy major Lukoil produced 2.152 million boe/d of oil and gas in the first quarter this year, up 4.2% from Q4 ...

Dubai market structure holds firm as focus switches to weaker refining margins, with refineries set to return from maintenance.

Oil prices tumbled more than 3% Thursday, as east coast pipelines resumes operations to alleviate fuel shortages.

The Indian Oil Corporation this week issued two crude tenders for loading in the next six weeks...

Firmer distillate margins and a wide Brent/Dubai spread underpin Asian light sweet crudes

A rally in oil futures was barely interrupted by a seemingly bearish US weekly oil report Wednesday...

Chinese state-controlled oil major Sinopec has signed a strategic cooperation agreement to develop the country's hydrogen ...

Dubai shrugs off negative data from India to claw back previous-day's losses.

he resurgence of Covid-19 has delayed the recovery in worldwide oil demand, but a second half year surge will leave supplies tight...

IEA says oil demand already outstripping supply, Brent races above $69/b...

Indian demand for transport fuels fell 9% during April as the second outbreak of coronavirus in the second half...

Demolition of oil product tankers is on course to reach an 11-year high...

In its latest monthly report OPEC says demand growth is still on track for a strong performance in 2021, shrugging off concerns over India….

Saudi Arabia has informed most Asian refiners of full lifting allocations for June, Saudi seen continuing to unwind voluntary production cuts…

Dubai prices dropped more than $1/b Tuesday, but continues to gain on Brent as the EFS slips back below $3/b…

The green industrial revolution has come amid a wave of new refineries in the world...

Oil prices little changed as falling Indian demand weighs on market sentiment, but Colonial outage impact remains uncertain

US crude, gasoline and distillate stocks will have drawn last week...

Prices retreat from earlier highs as Colonial shutdown impact uncertain, India slowdown concerns dampen market…