Asia Crude Oil News

The average price for Middle East Dubai crude retreated for the first time this year as concerns over the state of the global economy and oil demand growth...

Pressure ramped up on gasoline this week as rising excess supply looks set to outpace a lacklustre summer driving season...

Quantum Commodity Intelligence – East of Suez crude prices Friday were lower for a second session although Dubai still managed to post a weekly gains, while...

Saudi Arabia is selling a 0.64% stake in its state-owned oil giant Saudi Arabia...

Crude oil futures Thursday resumed downwards trend despite US data revealing a larger-than-expected draw on crude stocks...

Goldman Sachs has maintained its mid-term Brent outlook at $75-90/b but remains broadly upbeat on prospects for the oil market...

East of Suez crude prices Thursday were lower as the early-week rally ran out of steam, although that selloff was not enough to halt gasoline...

Japan's crude oil imports rebounded in April to the highest level since the start of 2024, preliminary trade data showed on Thursday...

Crude oil futures Wednesday initially extended the week's to more than 3%, before the four-session rally ran out of steam as inflationary concerns...

India ramped up crude imports last month even as refinery runs eased during maintenance and weaker margins...

China will cut its carbon emissions by the equivalent of 1% of its total 2023 emissions this year by controlling its coal...

The International Monetary Fund (IMF) has raised its outlook for China's economic growth this year and 2025...

The Caspian Pipeline Consortium (CPC) expects flows on its infrastructure running from Kazakhstan to the Black Sea to come in 7%...

East of Suez crude extended the week's solid gains Wednesday as prices rose for a third straight session, while the jet curve finally...

Japan's oil product stocks rebounded last week after a steep build in naphtha inventories as demand for the petrochemical feedstock...

Crude oil futures Tuesday were climbing higher after benchmarks initially consolidated the 1% gains seen at the start of the week...

Asian refiners could be slower to pick up run rates in the coming weeks after the current maintenance period, with persistently weak...

East of Suez crude prices Thursday extended the week's firmer tone amid the broader recovery in global markets, while gasoil structure...

Iran has lifted Official Selling Prices for its flagship Iranian Light grade, broadly following the trend for higher June OSPs from regional suppliers...

Iran's nuclear capabilities have come under close scrutiny once again following a confidential report from the UN's nuclear watchdog...