Asia Crude Oil News

East of Suez crude benchmarks were in retreat for a second session as benchmarks dropped to the lowest level in a month but there was no...

Crude oil futures were sharply lower after Israel's coordinated attacks on Iran avoided oil and nuclear sites...

Thailand's crude oil imports through September recovered from August's 10-month lows as landed volumes were almost 180,000 bpd higher...

Citi has cut its crude oil price forecast after a weekend attack by Israel on Iran, saying it sees the chances of wider conflict affecting the...

Sinopec's profits over the third quarter declined by 52% over the year as lower energy prices met falling output...

China's oil giant PetroChina is shutting down its 410,000 bpd Dalian refinery amid weaker refining margins and is eyeing a new refining...

Iraq has once again reaffirmed its commitment to OPEC+, pledging to cut output and produce within targets set by...

Middle East oil crude prices were lower after what was deemed a relatively muted strike by Israel against Iran, while the Asian regrade...

South Korea may consider extending fuel tax cuts further if the current volatility in the global oil market persists beyond 2024, the...

Weak manufacturing data out of Europe and China during the week ending 22 October prompted investors to add more diesel exposure...

Crude oil futures Friday were marginally higher as benchmarks headed for modest weekly gains of...

Middle East oil crude prices were lower with markets catching up with the Brent retreat after Asia had closed in the previous session, while diesel in Asia is...

Refiner Neste was the latest company to see a big drop off in margins last quarter, telling investors Thursday that it saw an average Q3 margin...

Iraq's crude sales were steady last month as it shipped 3.31 million bpd of crude through September, its oil ministry said Thursday...

Crude oil futures Thursday were nudging higher, cementing the week's gains as geopolitical tensions continued to underpin...

East of Suez crude markets extended the week's firmer tone as benchmark Dubai posted the highest price since mid-month, while...

East of Suez crude markets were higher Friday as benchmark Dubai posted the biggest daily gain in three weeks, while the fuel oil market...

Crude oil futures Wednesday were in retreat, but managed to hold on to most of the back-to-back daily increases of 2%...

Goldman Sachs has maintained its average price outlook for Brent crude futures at $76/b during 2025...

Brokerage BGC has bought rival OTC, the owner of Oil Brokerage, in a deal that has seen the wave of deals between cash-rich brokerages in the...