Asia Crude Oil News

Crude oil futures Thursday were tracking sideways for a second session as investors looked for fresh direction...

Saudi Arabia's crude production climbed to a fresh three-month high in August, latest JODI data showed Thursday, with gasoline consumption rising...

US gasoline stocks fell another 2.2 million barrels last week, even as demand retreated after Hurricane Milton...

Kazakhstan continued to overproduce crude oil through September compared to its OPEC+ target, with government numbers published...

East of Suez crude oil prices steadied Thursday and posted the first gain in a week, while middle distillate cash differentials were seen...

The volume of crude oil arriving in South Korea in September dived 14% from August to 11 million mt or 2.68 million bpd as imports of...

Japan's crude oil throughput rebounded last week to lift inventories of refined products to the highest last seen since January, government data...

Japan's crude oil imports last month fell more than 11% compared to the same month last year at 2.24 million bpd, the latest data from...

Australia's Woodside Energy announced record quarterly gas and oil production during the Q3 2024 period, underpinned by...

India imported around 1.9 million bpd from Russia in September, rising 12% over the month to account...

Crude oil futures steadied after two sessions of sharp losses, as a large part of the geopolitical risk premium...

Iraq's State Oil Marketing Organization (SOMO) has increased the OSP on its key export grade for Asia in November...

Authorities at Iran's main oil export terminal are working to contain an oil spill...

Middle East crude further extended early week losses Wednesday although markets looked to be finding some support, but prices for naphtha in...

Australia's crude oil processing slumped in August amid refinery turnarounds that coincided with a fall in refined product imports, while...

Crude oil futures were sharply lower amid reports that Israel will not target Iran's oil infrastructure, easing fears over the potential for...

Australian refiner Ampol will perform additional maintenance at its Lytton refinery next month as it struggles with weak margins, with cracks...

Israel will not target Iran's oil and nuclear installations, instead focussing on military and strategic targets...

The IEA on Wednesday lowered its forecast for oil demand this year but raised its outlook for 2025...

Middle East crude extended the early week losses Tuesday amid an eroding geopolitical risk premium while winter demand for kerosene...