Asia Crude Oil News

Middle East crude oil prices rallied strongly Thursday, following the gains in Europe and the US, which...

Iraq says it is in talks with US energy firms to find a buyer for Exxon's major stake in the West Qurna 1 oil field

Crude oil futures consolidated the previous day's steep gains during Asian trading Thursday, following a run of positive ...

Increased focus on climate action policies, adoption of rapid electrification in transport and decarbonisation of the power ...

Energy major Shell will have produced 75% of its known oil and gas reserves by 2030 and 97% by 2040, the company said ...

Iraq's SOMO issues rare Basra Medium tender

Oil futures have rallied after the US government reported a 5.9 million-barrel draw in commercial crude stocks and a 1.1 million barrel draw...

Stocks of oil products at the Port of Fujairah in the United Arab Emirates have dropped across the board, with middle distillates hitting a one-year low after the first jet fuel shipment this year...

Middle East crude oil prices maintained the upwards momentum Wednesday, gaining around $1/b on...

The recovery in global oil demand is accelerating and should rebound 5.7 million b/d in 2021 after...

Crude oil futures continued the positive sentiment in Asian trading hours Wednesday, underpinned

Middle East crude oil prices moved higher Tuesday as favorable trade data from China bolstered...

An Israeli-operated commercial vessel has been hit by a missile close to the UAE port of Fujairah...

Iraq's State Oil Marketing Organization has increase its May Official Selling Prices for Asian...

Oil futures moved higher Tuesday on favorable crude export data from China, rising geopolitical...

ADNOC expands VLCC fleet, expected to support crude sales and trading activities

OPEC increases demand growth outlook for first time this year

Russia plans to take a 20% share of the global hydrogen market by 2030 and sell up to 33.4 million mt of the product by 2050 ...

Nearly all the oil exporting countries of the Middle East and north Africa will need to drain cash reserves....