Asia Crude Oil News

3 Jul 2024
Middle East oil crude markets were slightly lower with markets catching up with the Brent retreat, while the jet fuel east-west touched its...
3 Jul 2024
The UAE's energy giant Adnoc is set to boost production from the giant offshore Zakum field with a further ramp up...
3 Jul 2024
Oil production from the 12 core OPEC members increased during June with an increase from Nigeria offsetting a reduction...
3 Jul 2024
Japan's third-biggest oil refiner and petrochemical cracker Cosmo Oil has restarted the 102,000 bpd crude distillation unit at its...
3 Jul 2024
Oil product stocks in Japan continued to fall last week as crude throughput plunged due to refinery outages and weak refining margins while...
2 Jul 2024
Oil futures Tuesday were consolidating the early-week gains as benchmarks traded at around two-month highs before easing slightly...
2 Jul 2024
OPEC's crude output in June eased slightly but the producer group continued to slightly overshoot against production targets...
2 Jul 2024
Japanese oil refiner Idemitsu Kosan's Chiba refinery was hit by a fire on Tuesday, while Taiyo Oil shut operations at its Shikoku...
2 Jul 2024
Middle East crude prices extended the strong upwards trend in place since early June, while strength in the distillate market persisted...
2 Jul 2024
Adnoc's plans to expand its global trading operations have been endorsed by the Crown Prince of Abu Dhabi, including an expansion...
1 Jul 2024
Crude oil futures opened the new month higher, extending the solid gains posted since the first week of June...
1 Jul 2024
Turkey's crude oil imports were up 4% on the month in May as arrivals hit a five-month high, government figures showed Monday...
1 Jul 2024
Middle East crude markets opened the new month higher as Dubai consolidated at the top end of the two-month trading range, while middle...
1 Jul 2024
Beijing has set up a new entity to explore deep oil and gas reserves that have the potential to reshape the...
1 Jul 2024
A fire was extinguished at Kuwait Petroleum Corporation (KPC) 's massive Al Zour refinery on Saturday...
28 Jun 2024
Crude oil futures Friday surrendered earlier gains having initially topped two-month highs, although geopolitical tensions and...
28 Jun 2024
The average price for Middle East Dubai crude was lower for the second consecutive month, although markets staged a strong recovery...
28 Jun 2024
Benchmark Dubai closed out June at fresh two-month highs on broader risk-on sentiment, a move that dragged refined product flat prices...
27 Jun 2024
Crude oil futures Thursday were higher as focus pivoted back to geopolitics, after investors shrugged off the latest...
27 Jun 2024
Iraq's crude oil exports rose almost 2% on the month in May, with it exported 104.3 million mt of crude oil through the month, equivalent to...
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