Asia Crude Oil News

Austrian integrated oil and gas company OMV reported a 4.8% increase in upstream production for Q1 at 495,000 boe/d ...

Equinor boosted profits in the first quarter amid higher oil and gas prices and one-of sales in wind farms, but its oil and gas production fell year-on-year...

Energy major Royal Dutch Shell's first-quarter oil production was down 8.7% on the year at 1.579 million barrels per day ...

French energy company Total saw hydrocarbon production fall 7% on the year due to unplanned maintenance...

China's super major joins a host of international oil companies booking reporting Q1 profits Thursday...

Crude oil futures traded at one-week highs Wednesday after the latest round of inventory figures from the Energy Information...

Cash Dubai structure narrows sharply on prompt crude overhang fears...

Asia's economies are set to grow by up to 11% this year amid a surge in activity as Covid restrictions relax, with developing ...

US distillate stocks fell by 3.3 million barrels last week to 139 million barrels, outstripping...

No slow down in Goldman's commodities super cycle outlook, as the latest report sees sharp price rises for most major commodities

Refiners in India have postponed maintenance work as the country copes with the spike in Covid-19 infections...

Many traditional national oil companies could tolerate extremely high carbon taxes due to high cash flow...

Crude oil futures slightly higher as OPEC+ is set to go ahead with gradual production increases from next month

US crude stocks built 4.3 million barrels last week although there were draws in gasoline and distillates...

The OPEC+ producer group appears confident enough to proceed with production increase in May, shrugging off demand concerns from India…

All eyes on OPEC+ JMCC technical committee, as producers look to tackle falling Indian demand....

Australian refiner and fuels and lubricants marketer Viva Energy announced Tuesday that its Q1 refining margin more...

South Korean refiner S Oil said Tuesday that its refining margins are expected to improve over the...

Oil spill reported after Suezmax-sized oil tanker is hit by a large bulk carrier, puncturing a ballast tank...

Saudi Arabia's navy was able to incept and destroy to boat before any attack on oil facilities could be launched...