Asia Crude Oil News

China's crude oil throughput dropped further in May as the product supply overhang in the Asia Pacific region and a slow start of summer...

Crude oil futures Friday were little changed as benchmarks headed for solid weekly gains...

Three OPEC+ members that have been the among the most persistent overproducers this year have made pledges to rein in output...

Benchmark Dubai crude ended the week higher after a strong rebound lifted prices back above levels prior to the early-June OPEC+ meeting...

Middle East crude prices were marginally higher in Friday's shortened session as benchmark Dubai moved back above Brent, while middle...

Crude oil futures were slightly lower Thursday's session as the market continued to digest a bigger-than-expected build in US crude inventories...

South Korean refiner Hyundai Oilbank has temporarily cut run rates at its 520,000 bpd Seosan refinery after a processing error...

East of Suez Dubai crude benchmark retreated for the first time in seven sessions and dropped below Brent for the first time in six weeks, while...

Crude oil futures Wednesday surrendered earlier monthly highs after a bearish EIA report  offset the bullish outlook from OPEC...

Quantum Commodity Intelligence – Middle East oil crude markets were higher for a sixth...

Azerbaijan's crude oil and natural gas condensate output continued to...

Quantum Commodity Intelligence – Japanese refiners continued to cut crude throughput during the week ending 8 June amid...

Crude oil futures Tuesday were edging higher as markets extended the firm gains made since the middle of last week, rebounding from...

Volumes of crude oil and refined products shipped via Africa's Cape of Good Hope have soared by 50% in the first five months of 2024...

Azerbaijan's crude oil and natural gas condensate production continued to slide over the first five months of the year to 12 million mt...

OPEC has stuck with its upbeat outlook on 2024 demand, seeing growth at 2.25 million bpd for this year and 1.85 million in 2025...

Middle East oil crude markets were higher for a fifth straight session Tuesday, catching up with solid Brent gains since the previous Asia...

OPEC and its allies trimmed output in May as Russia and Kazakhstan reigned in production, but increased output from Iraq and Nigeria left the group pumping...

Crude oil exports from Saudi Arabia to China are expected to drop further next month as Chinese refinery run cuts...

Australia's Woodside Energy announced Tuesday it has achieved first oil production from its Sangomar oil project off the coast of Senegal...