Asia Crude Oil News
2 Aug 2024
Crude oil futures Friday were again in sharp retreat following a volatile pricing week as traders watched for developments in the Middle East...
2 Aug 2024
Middle East crude markets posted a fourth consecutive weekly loss as concerns over demand growth outweighed rising tensions in the...
2 Aug 2024
Middle East crude prices were lower Friday as markets quickly surrendered the previous session's gains, while big selling interest...
2 Aug 2024
Vitol has agreed to acquire Singapore-registered oil products and coal trader Noble Resources, the companies announced Friday...
2 Aug 2024
Japan's largest oil refiner Eneos has shut the 145,000 bpd crude distillation unit at its Sendai refinery in...
1 Aug 2024
Crude oil futures Thursday eased back from highs, after benchmarks had initially extended the previous session's solid gains after reports....
1 Aug 2024
Low natural gas and LNG could prove a threat to Goldman Sachs' long-term $80/b Brent crude forecast...
1 Aug 2024
HSFO margins in Asia have come under pressure from the recent rally in crude prices, with paper margins slipping to three-month lows as...
1 Aug 2024
The OPEC+ JMMC has not recommended any immediate changes to the producer alliance's current production policy...
1 Aug 2024
Middle East crude markets opened the new month sharply higher as rising geopolitical tensions lifted global oil prices, while it was a busy...
1 Aug 2024
South Korean energy major SK Innovation expects robust refining margins in the second half of the year on the back of stronger demand for...
31 Jul 2024
Crude oil futures Wednesday rebounded from two-month lows as tensions in the Middle East ratcheted up...
31 Jul 2024
The average price for Middle East Dubai crude nudged higher in July versus the previous month, as firmer levels early on helped mitigate...
31 Jul 2024
India's crude oil throughput in June was almost unchanged from the previous month at 5.4 million bpd despite a...
31 Jul 2024
Middle East crude finally found some support Wednesday on the expiry as rising geopolitical tensions underpinned markets, while jet fuel...
31 Jul 2024
Turkey's crude oil imports continued to rise through June, gaining another 3% on the month to touch a seven-month high of...
31 Jul 2024
Crude throughput in Japan continued to fall last week, further contributing to a fuel shortage with refined product inventories dropping for...
30 Jul 2024
Crude oil futures in Tuesday were on the slide having having tumbled to the lowest levels since early June...
30 Jul 2024
India has seen a shift back towards Middle East crude oil supplies in 2024 but the move could prove short-lived...
30 Jul 2024
Eneos has restated the crude distillation unit at its 129,000 bpd Chiba refinery after an issue this week knocked the site offline, the company...