Asia Crude Oil News

Middle East crude opened the week steady as global oil markets largely consolidated gains after last week's Fed rate cut, while weakness...

Crude oil futures Friday were little changed, heading for a rare consecutive weekly gain as markets looked to have finally halted...

Middle East benchmark Dubai crude continued to pull away from the yearly lows registered earlier this month, albeit in what was only the second...

Trading house Trafigura could name Richard Holtum as successor to CEO Jeremy Weir next week, according to a Friday report in the...

The rebound in Asian crude prices came to a halt with the uplift from the Federal Reserve 50bp rate cut now largely priced in, while the refined...

China's crude oil imports marked as Malaysian origin surpassed those from Saudi Arabia last month as refiners sought cheaper barrels...

Crude oil futures Thursday were climbing higher, despite the initial muted reaction to the Federal Reserve's much-heralded...

Saudi Arabia's crude production rebounded from recent lows in July, but remained capped by the recently extended OPEC+ production agreement...

East of Suez crude prices climbed higher Thursday following the global trend, while the recovery in gasoline persisted as cracks touched a...

QatarEnergy has awarded its monthly Al Shaheen tender for November at sharply higher premiums, signalling a pick up in spot...

Japanese oil refiners continued to ramp up crude runs last week, further easing the domestic jet supply shortage since the summer while...

Crude oil futures were slightly lower Wednesday as investors gave a muted reaction after the US Federal Reserve announced a 50bps cut....

India will continue to snap up discounted Russian crude so long as the selling entity is not a sanctioned company...

East of Suez crude prices nudged higher on Wednesday and largely tracked moves in Brent, while gasoil found buying interest after...

A major storm is on track to hit China's east coast on Thursday, marking the second of its kind in one week to pose a threat to energy logistics as...

Japan's crude oil imports in August remained significantly weaker than last year as poor margins continued to cap...

Crude oil futures Tuesday were moving higher after benchmarks initially consolidated early-week gains on hopes that the US Fed...

China's state-owned oil refiner Sinochem has declared bankruptcy for two subsidiary refineries, the latest sign of an ongoing industry...

East of Suez crude prices edged higher Tuesday although Asian markets were largely following western benchmarks ahead of the US rate...

Salvagers have successfully towed a burning crude tanker from the Red Sea without any oil spillage after Houthi rebels thwarted...