Asia Crude Oil News

Goldman has revised downwards its oil price forecasts for this year and next by $5/b, citing slowing demand growth, relatively high...

A fire broke out at the Gazprom-operated 430,000 bpd Omsk refinery in Siberia late Monday, leaving one casualty and half dozen injured, but operations at...

A strong typhoon is set to disrupt crude import operations at strategic petroleum reserve sites in southwestern Japan after making...

Crude oil futures Monday were sharply higher, as fears over an escalation in the Middle East conflict...

Middle East crude prices Monday posted a second session of solid gains, a move that left much of the refined products market looking...

Dubai's Department of Petroleum Affairs has set the Official Selling Price (OSP) for Dubai crude loading in November at a parity...

China's top oil refiner Sinopec expects domestic sales of refined products to rise further in the second half of the year as the company is...

Crude oil futures Friday were climbing higher after markets found a floor in the previous session, posting consecutive gains of...

Middle East crude benchmarks resumed the summer downwards trend, as broader concerns over the state of the global economy...

Middle East crude prices rebounded Friday amid the broader risk-on sentiment returning to the market, while short-term bullishness in the...

OPEC has further updated the timeline for Iraq and Kazakhstan to compensate for overproduction during the first half of the year...

Crude oil futures Thursday finally showed some positive momentum after a week's worth of losses, finding cautious support...

Middle East crude resumed the month's downward trend Thursday with prices sliding back towards yearly lows, while gasoil prices were...

Singaporean oil refiner SRC is set to wind down operations of the crude distillation unit at its 290,000 bpd refinery until...

Oil futures Wednesday were floundering again, as crude prices extended the bear run that had wiped around $5/b...

Demand for newbuild tankers has hit its highest level since 2006, with 194 product carriers on order in the first half of the year...

A refined oil products tanker is adrift on the Red Sea after being hit by missiles fired from Yemen overnight, UK Maritime Trade Operations...

A slowdown in China's oil demand growth could mean crude oil prices slipping as low as $68/b next year with an economic slowdown and...

Australian energy producer Santos said Wednesday that several key projects are close to completion, which will start to lift production...

Middle East crude registered gains for the first time in four sessions Wednesday, while gasoil cracks bounced from 15-month lows....