Asia Crude Oil News

Russian seaborne crude oil exports hit 116 million mt in the first seven months of the year, with exports for July around 21.8 million mt...

East of Suez crude prices eased back Wednesday to snap a six-session winning streak, although that was not enough to stop margins...

Indonesia's Pertamina is looking to start low-carbon gasoline production at its Balikpapan refinery in about a year's time after...

Crude oil futures Tuesday were drifting lower, but benchmarks were still trading at close to the monthly highs registered...

Asian crude markets were higher for a sixth session as Dubai again played catchup with Brent, while jet fuel east-west arb trade window...

China has completed construction of one of the largest rigs in the world, which will be shipped to Saudi Arabia as part of the expansion...

The global oil market flipped into a deficit this June as the busiest US driving season since Covid more than offset demand...

OPEC and its allies increased output during July as the producer group remained well above its collective target, according to a survey...

Distillate cracks continued to struggle as they slipped to a fresh two-month low...

rude oil continued to rally into a fifth session at the start of the week as US recession fears waned and focus shifted back to Middle East...

OPEC has trimmed its forecast for 2024 oil demand on the back of weaker...

Vietnam's crude oil imports continued to pick up through July as they pushed back above the 1 million mt mark, with the rise coming...

Crude futures Friday were nudging higher as oil benchmarks consolidated the firm gains made since prices tumbled to...

Middle East crude markets posted a fifth consecutive weekly loss as the upheaval across the global financial markets spilled over into...

Thailand's refinery run rates recovered through June and crude oil imports picked up, with lower domestic demand offset by bigger-than-usual...

Malaysian refined product exports rebounded more than a fifth in June as naphtha and kerosene output hit record highs, along with big...

A crude oil tanker transiting the Red Sea has been targeted in a series of attacks, the latest in a string of strikes aimed at forcing commercial...

Another daily sailing slot has been added on the Panama Canal as water levels improve and increase draft levels on one of the...

Crude oil futures Thursday were again cautiously high as markets largely extended the firm recovery following this week's financial...

Japan is expected to import more gasoline in the next two months as domestic refinery outages continue to cap crude runs while peak demand...