Asia Crude Oil News

Indian oil refiner Bharat Petroleum (BPCL) will shut one of the crude distillation units at its Kochi refinery for...

East of Suez crude prices Thursday edged higher as the monthly trading cycle heads into expiry, while gasoil margins firmed to their highest...

Crude oil futures Wednesday surrendered earlier gains after EIA data showed an unexpected rise in crude stocks...

East of Suez crude prices Wednesday were lower, tracking the Brent losses in the previous 24 hours, a move that was enough to push middle...

Refined oil product stocks in Japan retreated last week as stronger demand ahead of the peak summer season outweighed domestic output...

Crude oil futures Tuesday were easing back from earlier highs, although benchmarks have largely consolidated at the top end of the two-month trading range.....

Middle East oil crude markets were higher as benchmark Dubai moved above $85/b for the first time since late May, while distillate margins...

Dubai's Department of Petroleum Affairs has set the Official Selling Price (OSP) for Dubai crude loading in September at parity to the average settlement of...

Japan's oil refining major Idemitsu Kosan has shut the 150,000 bpd crude distillation unit at its Hokkaido refinery for scheduled maintenance...

Crude oil futures Monday were climbing higher as benchmarks consolidated recent gains and challenged seven-week highs...

Iran has reduced Official Selling Prices for its flagship Iranian Light grade, broadly following the trend for lower...

Middle East oil crude markets opened the week marginally lower as priced eased back from Friday's monthly highs, while contango...

Crude futures in European hours Friday were marginally lower although oil benchmarks were heading for a second week of solid gains...

Ukraine has claimed a series of successful strikes on four Russian refineries as part of an overnight attack involving up to 100 drones on Russia...

Middle East crude markets posted a second week of firm gains as benchmark Dubai closed at the highest levels since late May, despite losing ground to Brent...

Benchmark Dubai posted fresh seven-week highs Friday, following the broader oil momentum, while repeated strikes on Russia refining...

India's crude oil imports in May grew for the fourth consecutive month to hit a new record high in the...

Crude oil futures were higher Thursday as benchmarks extended the sharp rally that has lifted prices by around 11%...

Explosions were heard overnight at the 120,000 bpd Afipsky refinery in Russia's southern region of Krasnodar Krai in what appears to be...

Growing energy demand in non-OECD countries meant global fossil fuel usage hit a record high in 2023 despite decarbonisation efforts that...