Asia Crude Oil News

Crude oil futures were moving sideways Wednesday as the market digested news of a Donald Trump win in US Presidential...

India's diesel demand surged over the month in October, while gasoline sales rose by 5% as subsiding monsoon rainfall spurred increasing...

Adnoc has increased the Official Selling Prices (OSPs) for December-loading crude, with its flagship Murban grade set at...

Middle East crude prices retreated Wednesday as benchmarks surrendered early-week gains, while gasoline cash diffs flipped back into a...

The cost of transporting residual fuel from the Middle East to Singapore rose sharply in recent weeks amid strong fuel oil exports to Asia ...

Saudi Aramco has cut the OSP for its flagship Arab Light crude loading in December, reflecting lower cash cargo premiums...

Crude oil futures Tuesday were higher as benchmarks initially consolidated and then extended the early-week gains...

Saudi Aramco reported a 15% slump in third-quarter profits for 2024 versus last year amid lower prices...

Global demand for road fuels may have peaked but oil sales will continue to grow over the coming decade due to non-OECD demand…

Middle East crude prices were higher Tuesday as benchmarks strengthened after OPEC+ delayed the planned output hike, while gasoil...

Oil production from the 12 core OPEC members recovered from 2024 lows during October as Libyan output rebounded, while Iraq led the cuts..

Officials in Beijing have greenlighted a new non-state-owned crude oil importer despite ongoing headwinds that have seen refinery...

Crude oil futures opened the week firmer after OPEC+ over the weekend announced a one-month to delay to planned production increases...

The volatile situation in the Middle East and broader geopolitical tensions will remain a primary driver of oil prices...

TotalEnergies has upped its global energy demand outlook on rising living standards in the Global South with that rise mostly met by oil and...

Investors see little prospect of global energy demand growth slowing and have urged more cash is needed to match it to avoid…

Crude oil output from core OPEC members increased by 370,000 bpd in October after Libya quickly ramped up to full capacity...

Middle East crude opened the week little changed as Monday's Brent increase cancelled out the late-Friday selloff, while Asia jet fuel tightness...

OPEC+ has further delayed plans to start restoring voluntary production cuts, with eight producers set to keep a lid on output for at least...

Taiwan's crude oil throughput plummeted in September to just 689,500 bpd, the lowest point not seen since last November as poor refining margins...