Asia Crude Oil News
21 May 2024
Refiners in China reduced throughputs during April amid seasonal maintenance, while fuel oil production took a larger...
20 May 2024
Crude oil futures Monday were slightly down, as confirmation from Iranian state media that President Ebrahim Raisi...
20 May 2024
Middle East oil crude markets opened the week slightly higher, with markets catching up with the Brent gains after Asia had closed on Friday...
20 May 2024
The Brent/Dubai cash spread continued to price in negative territory with the inverted value widening to a six-month high heading into the final decade of May...
20 May 2024
The latest attack on an oil tanker off the coast of Yemen sparked renewed shipping tensions in the region after what has been a relatively quiet...
20 May 2024
China's heavy fuel oil imports spiked to nearly 2.98 million mt or 665,000 bpd in April, reaching the highest level since the pre-Covid era...
20 May 2024
Russian crude oil remained the top choice for Chinese refiners last month despite a...
17 May 2024
Crude oil futures Friday were little changed as benchmarks held onto modest weekly gains after facing mixed signals over the past...
17 May 2024
East of Suez crude closed little changed for a second consecutive week, although the global crunch on sour crude...
17 May 2024
Quantum Commodity Intelligence – Asian crude oil prices rebounded strongly Friday as benchmark Dubai hit a six-month high versus Brent, while gasoil cracks...
17 May 2024
A fire has broken out at the 240,000 bpd Tuapse refinery in the Krasnodar Krai region on Russia's Black Sea coast after another apparent...
17 May 2024
China's daily crude oil throughput in April fell for the first time in four months due to the ongoing refinery maintenance season, which is...
16 May 2024
Crude oil futures in Thursday were edging up after consolidating the previous-session's gains, as the latest US inflation report boosted sentiment...
16 May 2024
East of Suez crude prices Thursday were marginally higher but soft refining margins this month have started to feed through into the...
16 May 2024
QatarEnergy has awarded its monthly Al Shaheen tender for July, with premiums retreating from last month's six-month highs as poor refining margins...
16 May 2024
Vietnam's Binh Son Refining and Petrochemical (BSR) has secured financing for an upgrade and expansion plan at...
16 May 2024
Quantum Commodity Intelligence – South Korea's crude oil imports rebounded last month to nearly 11.96 million mt or 2.91 million bpd, up more than...
15 May 2024
Crude oil futures Wednesday were slightly higher after sharp intraday swings, as US inflation figures and oil inventory draws offset the IEA's...
15 May 2024
Australian sales of refined petroleum products in March were 4% higher on the month at 5.2 billion litres as gasoline imports hit a record high...
15 May 2024
East of Suez crude prices Wednesday were slightly lower as weak refining margins again weighed on Q3 demand outlook, while an oversupplied...