Asia Crude Oil News

A lobby group representing major oil companies has called for increased carbon taxes and the adoption of emissions trading systems...

Adnoc exported over 1.6 million bpd of its Muban crude in April, as the UAE energy giant stays on target to sell more of its flagship light sweet grade...

East of Suez oil prices rebounded strongly Thursday as US inventory data triggered a global recovery, while gasoil margins continued to...

Refined oil product stocks in Japan rebounded sharply during the week ending 4 May as the supply...

Quantum Commodity Intelligence – China became an oil product net importer again in April as crude imports during the month...

Crude oil futures Wednesday were slightly higher as latest US inventory data reports revealed a mixed bag for crude and products...

East of Suez crude prices resumed their downward trend as the global oil slump continued Wednesday, while in the product market...

UK-listed energy major Shell has agreed to sell its refining and petrochemical complex in Singapore to CAPGC, a joint venture between...

Crude oil futures Tuesday were little changed, with investors waiting for further news on events surrounding the Gaza conflict...

Saudi Aramco remains upbeat on 2024 the oil demand outlook, following a solid year-on-year increase...

Benchmark Dubai crude edged up Tuesday to break a five-session losing streak, while news of 14 million mt of fresh export quotas from...

Adnoc has increased the OSPs for June-loading crude, with its flagship Murban grade set at...

India's fuel consumption continued to hit fresh highs through April, with diesel sales leading the way higher while gasoline and jet fuel...

Russia's oil refining capacity appeared to improve last week as repair works to damaged refinery sites made progress, with gasoline production...

Crude oil futures opened the week higher, rebounding from seven-week lows amid fading hopes for a Middle Ease ceasefire deal...

Quantum Commodity Intelligence –...

Threats from Houthi militants to target commercial vessels in the eastern Mediterranean has put the shipping industry on high alert...

Crude oil futures in were drifting lower Friday, extending the week's sharp losses with benchmarks down by around 6%...

OPEC has published plans for Iraq and Kazakhstan to compensate for overproduction during the first quarter...

US crude oil exports pulled back from February's 12-month high, dropping around 8% on the month to average 4.3 million bpd as...