Asia Crude Oil News

Stocks of middle distillates rose at the UAE port of Fujairah for the week ending May 3, data from the...

Shipping giant Maersk warns there will be bottlenecks in supply chains and equipment shortages throughout the rest of 2021 and into early 2022...

July Brent rallied to around $69.70/b by 8.45 UK time, close to its overnight high ahead of the Singapore market close...

Iraq is reportedly considering the purchase of ExxonMobil's stake in the West Qurna 1 oil field via state-owned firm Basra Oil ...

Crude oil output at the world's biggest producer fell more than 12% in the first quarter of the year to 8.6 million bpd...

Benchmark Dubai prices move higher, market awaits Saudi OSP to kickstart the new-month trading cycle.

Investments in energy production in the Middle East and North Africa will exceed $805 billion in the next 5 years, an increase ...

Benchmark Dubai crude prices dip as Indian demand concerns resume, ADNOC release June OSPs  

The Russian Interfax agency reported higher exports of crude and condensate for April, in accordance...

The battle between US/China demand recovery versus Indian slowdown tipped firmly back in favor of the bulls Monday as crude prices rallied.

Abu Dhabi publishes first Official Selling Prices against the IFAD Murban futures contact. Upper Zakum largely in line with spot market…..

Crude imports into Japan fell 0.6% in March, compared with the same month a year earlier...

Abu Dhabi National Oil Co has informed its term customers of supply cuts for its Murban, Das Blend and Upper Zakum crude ...

Dubai crude prices maintain weekly uptrend, but concerns over Indian demand fallout remain.  

Some 145 million electric vehicles of all types will be on the world's roads by 2030, comprising 7% of the total road fleet, said ...

EIA-driven oil price rally extends into second day, as investors shrug off Asia slowdown concerns….

Middle East Dubai crude followed Brent higher, but front structure remains weak,....

China sovereign wealth fund China Investment Corporation is among a number of companies interested in purchasing...

Finnish renewables producer and refiner Neste will be able to produce up to 500,000 mt per year of sustainable aviation ...

The Covid-19 outbreak in India is to create a glut of oil in the region, energy consultants Rystad...