Asia Crude Oil News

Quantum Commodity Intelligence – Middle East crude prices moved higher for a third...

Adnoc has increased the Official Selling Prices (OSPs) for September-loading crude, with its flagship Murban grade set at...

Saudi Aramco is to boost its stake in the Petro Rabigh complex, increasing its downstream footprint in the country...

Crude oil futures in Wednesday were sharply higher on hopes that the worst of the global financial wobble is over...

Middle East crude prices edged up Wednesday for a second session as markets continued to stabilise after rout seen in the first half of the week....

India's oil product demand was sharply higher in July compared to the same last year as the world's fastest growing large economy...

Omani oil producer and refiner OQ has been forced to close one of two crude units at its 198,000 bpd Sohar refinery for unplanned...

Japan's refined oil product stocks were stable last week as the return of domestic refining capacities helped fend off some of the...

China's crude oil imports last month slumped to the lowest level in 22 months amid refinery maintenance and as weak economic...

Crude oil futures Tuesday continued to pull away from the 2024 lows posted at the start of the week...

Brent crude should continue to see a floor at around $75/b despite the recent volatility in the wider financial market as current demand...

Saudi Aramco reported a dip in second quarter profits for 2024 versus the previous year as the energy producer reined in production, while soft...

Middle East crude prices edged up Tuesday although markets broadly remained under pressure, but it did not stop naphtha cracks...

Idemitsu Kosan saw its refined oil product exports soaring in the first financial quarter of this year amid a faltering recovery in demand in...

Local authorities in the semi-autonomous region of northern Iraq have launched a clampdown on unlicensed refining operations in a bid to tackle...

Oil production from the 12 core OPEC members increased during July, as Iraq was again was the primary overproducer despite pledging...

Crude oil futures tumbled to 2024 lows as concerns over global economic growth and slowing oil demand growth...

Saudi Aramco has increased the Official Selling Price (OSP) for the flagship Arab Light crude loading in September...

Middle East crude prices slumped to yearly lows Monday as concerns over demand growth took hold, with the selloff dragging the products...

Crude oil shipments from Canada's Pacific Coast export terminal eased slightly in July, as the Trans Mountain Expansion (TMX) pipeline...