Asia Crude Oil News

Iraq has reaffirmed its commitment to OPEC and has vowed to make up for overproduction...

Middle East crude opened the week lower with markets catching up with the Brent retreat after Asian markets had closed on Friday...

Kuwait has announced a major offshore oil and gas find that could yield more than 2 billion barrels of oil and...

South Korea's crude oil imports in June fell for the second successive month to a 10-month low of 10.19 million mt amid weak...

China's crude oil throughput continued to slide last month as prolonged refinery outages and thin margins weighed on plant...

Crude oil futures Friday were higher for a third consecutive session, as the price rebound helped to claw back most of the...

Middle East crude markets posted a first loss in five weeks, although a redound at the backend of the week limited losses to...

East of Suez crude prices edged higher Friday to consolidate gains seen at the backend of the week, while a wave of buying interest...

China's oil product exports continued to rise in June against the backdrop of peak summer demand season while crude imports were...

Russia and India have held high level talks with a few to cementing long-term crude sales to Asia's second largest crude importer...

OPEC and its allies reduced output during June although remained above its collective target...

Crude futures Thursday were pushing higher as US inflation data boosted the prospects for US interest rate cuts...

Azerbaijan's crude oil output was up 4% in June from May's lows at 588,000 bpd, monthly energy ministry data released Thursday showed...

Asia crude rebounded from two-week lows Thursday following the broader oil price recovery, while the recent selloff in distillate cracks...

Crude oil futures Wednesday were higher as prices rebounded from two-week lows, underpinned by latest data from the EIA...

BP has increased its outlook for future oil demand amid a slowdown in the growth in energy efficiency, while fossil fuel demand...

East of Suez crude prices extended the early-week losses Wednesday and slumped to two-week lows, a move that bolstered residual fuel margins...

An extended refinery maintenance season in Japan saw crude throughput across the country continue to freefall last week, pulling oil product stocks...

The EIA expects Brent crude prices to continue to rise out to the year end, pointing to tightening global supply as it put an $89/b forecast...

Crude oil futures Tuesday were drifting lower after Texas weathered the first major storm of the 2024 Atlantic...