Asia Crude Oil News

Azerbaijan produced 7.3 million mt of crude oil during the first three months of the year, equivalent to around 585,000 bpd and down...

raq's State Oil Marketing Organization (SOMO) has lifted Official Selling Prices (OSP) on its key export grade for Asia in May...

Goldman Sachs said Monday that Brent crude prices are unlikely to reach $100/b in the near term, with most of the upside risk already...

Refinery operations at another Russian refinery were halted over the weekend as widespread flooding across the region stopped work...

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

Middle East oil prices opened the week lower amid ceasefire talks on the Gaza conflict, while marine fuel remained under downwards pressure after...

Net speculative length on the world's two most liquid crude oil contracts surged to...

Trading giant Trafigura has announced a management shakeup after two long-standing executives announced retirement plans...

East-of-Suez crude oil prices ended the week sharply higher as benchmark Dubai surged to five-month highs on escalating geopolitical tensions...

Saudi Aramco has increased its Official Selling Price (OSP) for the flagship Arab Light crude loading in May...

Middle East benchmark Dubai crude surged past $90/b Friday for the first time since October, while gasoline margins remained under downward...

Quantum Commodity Intelligence – Indonesia's crude oil and natural gas output in the first quarter of this year dropped below...

The 2024 Atlantic hurricane season is expected to bring high levels of storm activity as the La Niña weather system fuels record sea temperatures...

An unexpected suspension of offshore drilling rigs in Saudi Arabia is having a big knock-on effect on the business of China's state-owned drilling...

Crude oil futures  Friday surged to fresh 2024 highs as an escalation in geopolitical tensions lifted weekly gains to over 5%...

Crude oil futures surged to fresh five-month high Thursday as late rally lifted Brent above $90/b for the first time since October...

A senior US government official said that Washington has not asked India to reduce Russia crude oil imports, but reiterated that unrestricted...

Middle East benchmark crude posted gains for a fifth session Thursday as Dubai posted fresh five-month highs, while gasoline cracks slipped.

Crude oil futures Wednesday climbing higher after markets consolidated the firm weekly gains that have lifted prices to five-month highs...

The OPEC+ Joint Ministerial Monitoring Committee (JMMC) has not recommended any changes to the producer alliance's current production...