Asia Crude Oil News

Raging wildfires are threatening production from Canada's vast oil sands Friday, with dozens of fresh blazes...

Crude oil futures Thursday were little changed, although benchmarks came off from earlier highs amid concerns...

Kazakhstan continued to overproduce crude oil and natural gas condensates last month under the terms of its OPEC+ production commitments...

Middle East crude rebounded from early-week losses Thursday in tandem with the global trend, while the selloff in gasoil also found some...

QatarEnergy has awarded its monthly Al Shaheen tender for September, with premiums rebounding as supplies of medium sour crude tighten...

Japan's oil product stocks continued to ease last week despite local refiners boosted their crude runs for the first time in...

Crude oil futures Wednesday were climbing higher as benchmarks pulled away from the previous session's three month lows...

Iran has been plotting a revenge attack on former President Donald Trump in retaliation for the 2020 that killed top Iranian general...

Middle East crude extended the early-week losses Wednesday although the selloff showed signs of slowing, while weakness in the middle...

Saudi Arabia's crude exports jumped back above 7 million bpd in May, its submission to JODI showed Tuesday...

Russia will make additional cuts in crude oil output this summer and next to compensate for overproduction against its OPEC+ quota...

China's diesel output further slipped in June to a level last seen during the Covid-era when the country was still...

Crude oil futures Tuesday were sliding lower as concerns over broader economic growth offset increasing prospects for a...

Global air passenger numbers are expected to grow by 10% in 2024, according to industry association IATA...

Naphtha east-west spreads have flattened with Asia looking increasingly well-supplied...

Middle East crude extended the early-week losses Tuesday, broadly following global benchmarks, while the diesel EFS has crept higher and...

Indonesian state-backed energy major Pertamina is on track to bring the crude distillate unit at its Balikpapan refinery back online later...

India's second-largest oil refiner Nayara Energy is set to wind down operations of several units at its Vadinar refinery for maintenance...

An oil tanker has capsized off the central coast of Oman with 16 crew members reportedly missing, although the reason for the...

Crude oil futures opened the week slightly lower as markets looked for fresh impetus, although latest data from China weighed...