Asia Crude Oil News

13 Nov 2024
Middle East crude prices were steady Wednesday as markets looked to have found some support following three consecutive losses, while...
13 Nov 2024
Gasoline stocks in Japan continued to build last week as local refiners raised the yield of lighter products as crude throughput remained...
13 Nov 2024
QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour crude...
12 Nov 2024
Crude oil futures Tuesday were nudging higher as benchmarks steadied after surrendering over 5% of value during...
12 Nov 2024
OPEC has trimmed its forecast for global oil demand in 2024 for a fourth consecutive month, as tepid growth from China continued to drag...
12 Nov 2024
OPEC and its allies increased oil production by a modest 30,000 bpd in October, as a sharp rise in Libyan output was largely offset by cuts...
12 Nov 2024
Middle East crude extended losses  as cash differentials also continued to slide, a move that offered a boost to margins at the bottom...
12 Nov 2024
Operations have restarted at the Indian Oil Corporation Limited (IOCL) refinery in Vadodara after a deadly fire at a storage tank on Monday...
12 Nov 2024
Kuwait has reduced the Official Selling Price (OSPs) for its main export grade loading in December...
11 Nov 2024
Crude oil futures Monday were sharply lower as benchmarks extended losses following Friday's sharp selloff...
11 Nov 2024
Middle East crude opened the week lower as markets caught up following the Brent retreat after Asia had closed on Friday, while it...
8 Nov 2024
Crude oil futures Friday were drifting lower as the threat to US oil fields from Hurricane Rafael faded, limiting weekly gains to around 2%...
8 Nov 2024
The global crude oil market saw prices trading lower on Friday despite the Chinese government announcing a massive $1.4 trillion stimulus package...
8 Nov 2024
Middle East benchmark Dubai crude ended marginally firmer over the week, after a solid start helped to offset...
8 Nov 2024
Middle East crude prices were marginally lower Friday as benchmarks posted slim weekly gains of under 0.5%, while refined product cracks...
7 Nov 2024
Crude oil futures Thursday were nudging higher, as benchmarks continued to claw back the initial losses following Donald Trump's election victory...
7 Nov 2024
Middle East crude prices edged higher Thursday, regaining the previous day's losses, while the products market saw the recent recovery...
7 Nov 2024
Refined product stocks in Singapore rebounded sharply in the past week as light distillate inventories jumped amid gasoline net imports...
7 Nov 2024
Chinese oil product exports dived in October to the lowest level since August 2022 as limited export quotas and low crude runs throttled...
7 Nov 2024
Jet fuel stocks in Japan jumped last week on the back of higher crude throughput as local refiners filled up storage tanks in preparation for...
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