Asia Crude Oil News

Quantum Commodity Intelligence – A growing gasoil inventory level in Japan underpinned by the short-term supply glut in the Asia Pacific region continued to...

Several oil producers in Canada are pushing for the recently opened Trans Mountain Expansion (TMX) pipeline to tighten up on...

rude oil futures Tuesday were sliding lower as oil markets failed to react to another upbeat demand outlook from OPEC, instead focusing on...

QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour crude expected to ease...

East of Suez crude prices were steady Tuesday with markets generally lacking direction in the early stages of the week, but the downward...

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

Azerbaijan produced roughly 560,000 bpd of crude oil and natural gas condensates through April, its lowest monthly total in almost...

Kuwait has increased its Official Selling Price (OSPs) for its main export grade loading in June, following Saudi Arabia's decision to...

OPEC and its allies reduced output by over 200,000 bpd largely on Russian cuts, but worryingly for the alliance Iraq continues...

Australian oil refiner Ampol will start planned maintenance at its 110,000 bpd Lytton refinery in Queensland in July this year, the company...

Crude oil futures opened the week marginally higher as focus pivots back to macroeconomics, in particular the US and the timetable for rate cuts ahead...

A second drone attack has hit Lukoil's 300,000 bpd Volgograd refinery, with a Sunday attack said to have damaged a crude distillation unit...

Iraq is onboard with extending OPEC+ production cuts beyond the current quarter, clarifying reports from the weekend suggesting that Baghdad...

Middle East crude opened the week lower as markets caught up with the Brent retreat after Asian markets had closed on Friday...

OPEC+ continued to reign in production during April as Russia started implementing fresh cuts, while Iraq and Kazakhstan also curtailed...

Crude oil futures in Friday were were lower as markets surrendered earlier gains amid a late selloff, although benchmarks just about ended...

East of Suez crude prices were steady Friday to close out the week in small positive territory, while the slide in gasoline margins paused...

Quantum Commodity Intelligence – East of Suez crude prices ended the week slightly higher as markets rebounded from near two-month lows...

US oil major Chevron has lost a multi-million dollar insurance claim for crude oil seized by Iran...

rude oil futures were slightly higher Thursday, extending the recovery from the previous session's eight-week lows after US government data revealed...