Asia Crude Oil News

2 Oct 2024
Crude oil futures rowed back from the session's one-month highs which followed Iran's missile attack on Israel, but markets remained on edge...
2 Oct 2024
The OPEC+ Joint Ministerial Monitoring Committee (JMMC) concluded its 2 October meeting but again focusing on compliance levels...
2 Oct 2024
Saudi Arabia's energy minister sent a warning shot to OPEC+ coalition members that have been persistently producing above quota...
2 Oct 2024
The OPEC+ producer group is performing a noble job in balancing oil markets and managing price stability, UAE Energy Minister...
2 Oct 2024
East-of-Suez crude prices soared by more than 6% in response to Iran's missile strikes against Israel, with the sharp rally extending...
2 Oct 2024
Refined oil product inventories in Japan rebounded 3% last week to a three-month high of 63.53 million barrels as local refiners ramped up crude...
1 Oct 2024
Crude oil futures surged higher on the deteriorating geopolitical situation in the Middle East, sparking fears a major expansion in...
1 Oct 2024
A meeting scheduled for Wednesday by members of an OPEC+ technical committee is not expected to make any recommendation...
1 Oct 2024
HSBC has cut annual oil price forecasts for this year and the next, citing increased OPEC+ supply later this year outpacing sluggish demand...
1 Oct 2024
Taiwan has shut its largest ports, grounded flights and reduced some refinery operations as Super Typhoon Krathon...
1 Oct 2024
Middle East crude opened the new trading month lower as faltering demand growth offset political tensions in the region, a move that also pulled margins for...
1 Oct 2024
India's independent refiners are expected to keep moving large volumes of clean oil products abroad after hitting a multi-month high in...
1 Oct 2024
The OPEC+ producer alliance has been strategically reducing oil supplies at the cost of market share, in turn keeping...
1 Oct 2024
Taiwanese oil refiners in August boosted their diesel exports even as crude throughput fell to a four-month low, according to...
30 Sep 2024
Crude oil futures opened the week on a firmer footing following an escalation in Middle East geopolitics...
30 Sep 2024
Refined oil product sales in Japan rose in August on the back of strong summer appetite with the combined volume hitting a four-month high of...
30 Sep 2024
Libya's eastern parliament has approved a deal to appoint the head of its central bank...
30 Sep 2024
Middle East crude closed out the final trading day of the quarter slightly higher, but still booked monthly losses of over 6%, while the product side saw...
27 Sep 2024
Crude oil futures in Friday were drifting sideways as traders waited on further confirmation that OPEC kingpin Saudi Arabia and its allies...
27 Sep 2024
Middle East benchmark Dubai crude retreated over the week, after reports that OPEC+ kingpin Saudi Arabia and allies were planning to...
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