Asia Crude Oil News

Trafigura Group is exploring ways of tackling a huge employee share buyback bill after several years of massive profits...

Vietnam's June crude oil imports slipped to their lowest level since February, with arrivals down 27% from May and equivalent to around...

East of Suez crude prices extended the early week losses Tuesday, while the slide in middle distillate margins continued and left cracks at a...

Kazakhstan has pledged to make up for overproduction in the first half of this year by extending some voluntary cuts until...

Crude oil futures opened the week lower as investors waited for any impact from storm Beryl, which made landfall in Texas as a hurricane...

Benchmark Dubai opened the week lower and eased back from 10-week highs, while middle distillate margins continued to ease despite...

The onset of monsoon rains trimmed Indian oil product demand last month, official data showed Monday...

Crude oil futures Friday were holding at around 10-week highs as broader risk-on sentiment maintained a fourth week of solid gains...

Middle East crude markets posted a fourth week of firm gains as benchmark Dubai closed at the highest level since late April...

China's independent refiner Hengyuan restarted a long residue catalytic cracking unit (LRCCU) at its 156,000 bpd refinery in...

Shell will take an impairment charge of up to $2 billion after selling its Singapore assets and pausing construction at its Rotterdam...

Benchmark Dubai posted fresh 10-week highs Friday to round off a month of solid gains, a move that weighed on gasoline cracks as they...

Gasoil cracks on both sides of the Suez held at firmer levels as a series of refinery outages continued to cripple run rates, while refineries increased jet fuel yields...

Crude oil futures in European hours Thursday were slightly lower as soft economic indicators offset any potential impact from Hurricane Beryl...

Saudi Aramco has cut its Official Selling Price (OSP) for the flagship Arab Light crude loading in August for a second month but further hiked...

Market structure in the Asian high sulfur fuel oil market hit its highest levels since last August during trade on Thursday, with tight...

Middle East oil crude markets were marginally higher Thursday with benchmarks tracking sideways, while in the products market...

Beijing has asked state-owned oil majors to increase crude oil reserves for the next eight months as the sluggish demand recovery continued to..

China and Kazakhstan want to boost bilateral oil and gas trade, with a Thursday statement from the two countries pledging to increase...

Oil futures Wednesday were edging higher following US data which revealed a sharp drop in crude stockpiles...