Asia Crude Oil News
9 Oct 2024
Crude oil futures Wednesday were sliding lower, but were again subject to significant swings amid headline-driven trading...
9 Oct 2024
The Energy Information Administration has revised down its forecasts for oil demand for this year and the next, citing refining weakness in...
9 Oct 2024
The war risk premium that crude markets were pricing in last week has started to unwind, with volatility starting to normalise as Israel...
9 Oct 2024
East of Suez crude prices rowed back Wednesday following the broader oil selloff, while a tightening gasoil market pushed cash differentials...
8 Oct 2024
Crude oil futures Tuesday were in sharp retreat from the early-week highs amid uncertainty over Israel's likely response to...
8 Oct 2024
Preliminary statistics from China's Ministry of Transport showed a 4.1% annual jump in domestic trips during its Golden Week holiday...
8 Oct 2024
Asian oil prices were higher Tuesday as markets caught up with the Brent spike after Asian markets had closed in the previous session...
7 Oct 2024
Crude oil futures opened the week firmer with investors again left on tenterhooks regarding Israel's response...
7 Oct 2024
East of Suez opened the week on a firm footing as geopolitical tensions continue to dominate, a move that ate into most refined product...
7 Oct 2024
Shell became the latest energy major to warn investors of lower Q3 refining margins as a selloff in global product prices weighed on...
7 Oct 2024
Saudi Aramco has hiked the OSP for its flagship Arab Light crude loading in November, reflecting the firm rebound in spot...
4 Oct 2024
Oil futures Friday were climbing higher as crude benchmarks extended the week's gains to 10% amid a spike in geopolitical tension and...
4 Oct 2024
Middle East benchmark Dubai crude posted the steepest weekly percentage gain of the year as elevated tensions in the Middle East...
4 Oct 2024
East of Suez crude extended the weekly rally to over 8%, catching up with the Brent gains after Asian had closed on Thursday, while also...
4 Oct 2024
Oil production retreated nearly 4000,000 bpd during September, primarily due to the widespread field closures across Libya...
3 Oct 2024
Brent crude futures surged past the $77/b mark as investors waited for Israel's next move in the heightened Middle East conflict...
3 Oct 2024
A potential tightening of naturas gas supplies from Israel could skew European prices to the upside this winter...
3 Oct 2024
Middle East crude prices eased back but remain close to one-month highs, while a boost to higher light end stocks in Singapore weighed...
3 Oct 2024
Powerful typhoon Krathon has made landfall in southern Taiwan, bringing heavy rains and strong winds with it, local government warned...
3 Oct 2024
OPEC's crude output in September tumbled nearly 500,000 bpd after the slump in Libyan output, but Iraq continued to pump way above...