Asia Crude Oil News

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

Crude oil futures Friday came under heavy selling pressure following reports that OPEC+ was set to go ahead with planned...

The average price for Middle East Dubai retreated sharply in August versus the previous month, as concerns over...

Middle East crude prices rebounded Friday as Dubai closed out the month on a firmer footing, while the selloff in gasoline and middle...

Crude oil futures were climbing higher on renewed supply concerns Thursday as benchmarks recovered following two days of losses...

Iraq is set to undertake its first serious attempt of the year to get to grips with the chronic overproduction that has led it into conflict with...

Turkey's crude oil arrivals slipped 11% on the month in July to a six-month low of 616,000 bpd as elevated crude prices and weaker cracks...

A salvage operation is expected to get underway in a bid to avert a major environmental disaster in the Red Sea...

Middle East crude prices were in retreat again Thursday while Dubai also lost ground against Brent heading into the expiry, while gasoline...

Russia has banned public reporting on industrial output of refined oil products by its statistics ministry, further limiting information...

Crude oil futures Wednesday were in retreat, with markets so far this week torn between conflicting pricing signals....

Socar will shut its STAR refinery on Turkey's west coast for up to two months for maintenance work amid falling refined product margins...

Profits at oil trader Gunvor slipped 48% in the first half of the year as oil market volatility waned, with trade adapting to geopolitical...

Middle East crude prices rowed back Wednesday as markets struggled to hold early-week gains, and gasoline margins dived to an 11-month...

The Brent/Dubai EFS, a key metric in comparing Dubai-related crude oil versus grades pricing against the North Sea Brent benchmark, surged...

A steep draw of jet fuel inventories in Japan continued to weigh on the overall product stocks in the country despite crude throughput...

Crude oil futures were sliding lower Tuesday, having initially consolidated the strong gains posted...

Refinery margins across Asia remained under pressure this week, with a supply overhang of key products like gasoline and diesel bumping...

Crude oil cargo arrivals in Thailand rose strongly in July to the highest level this year as a broader tourism boom boosted transportation fuel...

Middle East crude prices posted a third consecutive gain Tuesday, a move that ate further into already weak middle distillate...