Asia Crude Oil News

OPEC has reiterated its position that the timetable for the switch to cleaner fuels needs a radical rethink, contending the current net-zero...

Crude oil futures Monday were drifting lower as benchmarks extended the pre-weekend selloff amid easing tensions...

Saudi Aramco is set to boost its portfolio of assets in China by taking a 10% stake in the privately-owned Hengli Petrochemical...

Middle East crude opened the week lower with markets catching up with the Brent slump after Asian markets had closed on Friday...

Oil production at Canada's vast oil sands in the Alberta province is under threat for a second consecutive year, as wildfires take hold...

China's crude oil imports from Russia last month hit a record level, more than offsetting a sharp fall in...

Crude oil futures Friday were slightly lower as markets shrugged off Israel's strike against Iran, slumping around $4/b from the initial price surge...

East-of-Suez crude oil were lower over the week as markets gave back the gains posted during the first half April...

Middle East crude prices were marginally higher Friday as oil markets largely shrugged off Israel's retaliatory strike against Iran, while the wider...

QatarEnergy has awarded its monthly Al Shaheen tender for June at the highest premiums in six months, with medium sour grades attracting interest...

rude oil futures Thursday were little changed as benchmarks consolidated at lower levels following the previous session's selloff...

Kuwait has slightly increased its Official Selling Price (OSPs) for its main export grade loading in May...

Kazakhstan and Azerbaijan are in negotiations over the possible export of up to 5 million mt per year of crude via Baku to the Black Sea...

The UAE's flagship light sweet Murban crude has been setting the Middle East Dubai benchmark since the start of April, reflecting the global crunch on heavier barrels...

Middle East crude prices were sharply lower Thursday as Dubai caught up with Brent losses after Asian markets had closed Wednesday...

Crude oil futures Wednesday were sharply lower on hopes of a de-escalation in Middle East tensions which in turn was seen eroding the risk premium...

Saudi Arabia's production and exports of crude oil were slightly higher over the month in February...

Middle East crude prices were marginally higher Wednesday as traders continued to wait for Israel's response to Iran, while the products...

European diesel markets are teetering on contango this week with arrivals from both Atlantic and east of Suez suppliers...

The oil product stocks build in Japan continued for the second consecutive week with the overall inventory level hitting...