Asia Crude Oil News

Physical deliveries of low-sulphur gasoil (LSGO) futures in April rose to 2,710 lots at expiry on Thursday...

OPEC stuck to its bullish view on global oil demand Thursday while trimming its outlook on 2024 supply...

Asia oil markets resumed Thursday after the midweek break, with crude prices largely steady, while gasoil margins continued to fall as...

IImports of Russian crude oil by Indian refiners declined in March following stricter enforcement of the $60/b price ceiling and narrower discounts for the flagship Urals grade...

OPEC and its allies overshot their production target for a third consecutive month in March, with Iraq and Kazakhstan the primary...

Crude oil futures Wednesday were slightly higher amid uncertainties about prospects for Middle East ceasefire talks, while solid fundamentals...

Japanese refined product inventories were on the rise last week, with weekly figures from the Petroleum Association of Japan (PAJ)...

Crude oil futures Tuesday were drifting lower despite Israel and Hamas so far failing to reach terms for a ceasefire at the latest talks...

Global oil consumption is continuing to grow and will hit a record 102.9 million bpd this year due to demand growth led by China and India, the...

OPEC+ missed its crude production target by around 270,000 bpd in March, according to the latest survey from Argus Media...

The fall in natural gas and crude oil prices during the first quarter of 2024 and the unplanned outage at its Whiting refinery...

Crude prices are likely to hold in the $80-$100/b during 2024, underpinned by healthy demand growth, OPEC+ cuts and geopolitical risk...

Vietnam's crude imports hit 1.1 million mt in March and were up 22% on the month and 52% compared to the same time last year, with...

The world's largest independent oil trading company chalked up profits of $13 billion in 2023, its second highest on record...

Crude loadings from the Caspian Pipeline Consortium's export pipeline from Kazakhstan to the Black Sea have been halted for 72 hours...

Middle East crude oil prices resumed the upward trend Tuesday amid faltering ceasefire talks on the Gaza conflict...

Religious holidays in both the biggest exporting and importing nations has seen key...

Iraq is in the process of repairing an oil pipeline to export crude to Turkey, which could act as an alternative to the Kirkuk-Ceyhan pipeline...

Global oil markets are set to tighten in the second half 2024, which could in turn constrain demand unless OPEC starts unwinding production cuts...

Crude oil futures started the week lower amid hopes of a de-escalation in the Gaza conflict, after Israel and Hamas resumed ceasefire talks...