Asia Crude Oil News

Asian oil markets edged up Friday after the previous session's slump, with gasoil backwardation firming to levels not seen...

South Korean oil refiner S-Oil has shut one of the three crude distillation units at its Onsan refinery for possibly a month-long maintenance...

Crude oil futures were sharply lower following a report that Saudi Arabia was set to sideline its alleged $100/b price target...

OPEC+ is likely to go ahead with planned production increases from December, according to a Reuters report...

Global diesel cracks and timespreads have been boosted by interventions from both the US and Chinese federal banks in the last week...

HSFO prices out into the new year were hit by market talk of Saudi Arabia's determination to bring back heavy crude production in...

Asian oil markets tumbled Thursday following a UK newspaper report that Saudi was set to ramp up crude production for 2025, a move that...

Saudi Arabia is set to start increasing oil output from December after sidelining its nominal price target, according to a report in...

China's independent oil refiner Shandong Yulong Petrochemical with a total designed capacity of 800,000 bpd has started operations this...

et fuel inventories in Japan rebounded last week as local refiners gear up for the upcoming winter travel season to avoid another supply shock...

Brent futures Wednesday rowed back from highs of around the $75/b mark, after the initial boost from China's stimulus package ran its course...

Maintenance at the giant Kashagan oil field in Kazakhstan will run through October until 10 November, the country's energy ministry...

Thailand's crude oil and natural gas condensate imports slipped to their lowest level since February in August, pulling back drastically...

Middle East crude markets edged up Wednesday as geopolitical tensions and China's stimulus package helped to consolidate gains...

OPEC have stood by their guns in their latest annual forecast, maintaining a bullish outlook on long-term oil demand that had recently backed...

Crude oil futures Tuesday were climbing higher, underpinned by the escalation in Middle East hostilities and the latest stimulus package...

Middle East crude markets moved higher Tuesday on geopolitical tensions and China's stimulus package, while naphtha timespread pointed to a...

Bank of America (BAML) delivered a fresh warning to oil traders, citing the risk of overexposure to short Brent positioning amid an impending...

Crude oil futures Monday were little changed after consolidating the previous-week's solid gains of 4-5%...

A Chinese court declared Sinochem's Changyi Petrochemical bankrupt over the weekend...