Asia Crude Oil News

Building a hydrogen-based economy to account for up to 20% of global energy demand will cost $15 trillion over the next...

Technical group set to focus on Indian demand impact, as OPEC+ ministerial meeting still in doubt...

Cash Brent/Dubai spread surges above $3/b, as fears over demand destruction in India has pushed refining margins down...

Crude oil futures continued their weaker trend Monday on fears that the surge in COVID-19 cases across India will dampen demand ...

Oman's third refinery is on schedule to start operations in 2022....

India is to trial Guyana's crude oil with a view to signing a long-term view to buy the South...

Middle East crude oil prices retreated for the third successive day Thursday, as rising coronavirus

Japanese vehicle producer Honda announced Friday that it plans for 100% of its new vehicle sales to be powered by battery ...

Political risk consultancy Eurasia Group lays out scenario for Iran's oil industry, including returning to pre-sanctions peak.....

A second Libyan oil producer said it would have to cut as much as 100,000 barrels a day of output this week...

Middle East crude rebounds from weekly lows

Crude oil futures soften as demand growth fears return. Brent fares better after Libya declares force majeure

The Syrian missile that landed close to Dimona in Israel was not targeting the nearby nuclear reactor....

China's National Offshore Oil Company's (CNOOC) Q1 production rose 4.7% in the first quarter...

Dubai loses further ground against Brent as EFS soars above $3.50/b.

Worldwide energy use will surpass pre-Covid-19 crisis levels in 2021, but oil demand will trail behind the recovery...

U.S. commercial crude stocks climbed last week, contrary to forecasts of a draw down, but the bearish data was countered by a smaller than expected build in gasoline stocks

The World Bank Wednesday published a bullish outlook for global commodities prices, but linked to post-pandemic economic rebound...

Crude oil futures retreated for a second day as soaring COVID-19 cases in India fueled demand concerns, while...

Rystad Energy joins a host of industry voices advancing peak oil demand forecast....