Asia Crude Oil News

Refined product stocks in Japan dropped for the fourth consecutive week to hit the lowest level in a year led by...

India's government has reached an agreement with UAE energy company Adnoc that will allow the oil and gas giant to export crude oil...

The former chief of Glencore's oil trading division has lost his battle with UK government over the tax rate on £150 million worth of payments...

Thailand's crude imports slowed to just 992,000 bpd in February as unscheduled maintenance at the Sriracha refinery cut consumption...

Crude oil futures Tuesday were steady as markets consolidated the previous session's 1.5% gains, with OPEC+ set to keep a lid...

Energy trading giant Vitol saw its 2023 revenues fall over 20% on the year as volatility in the market pulled back from unprecedented highs...

Mexico's refined product output reached its highest in at least four years last month, Pemex data showed Tuesday...

Dubai's Department of Petroleum Affairs has set the Official Selling Price (OSP) for Dubai crude loading in June at parity with the average...

East of Suez oil crude markets resumed the March uptrend as prices consolidated near five-month highs, while gasoil cracks continued to fall to...

Japan's largest oil refiner Eneos Corp has shut one of the crude distillation units at its Kawasaki refinery on the outskirts of...

China's biggest oil producer PetroChina is to produce less crude oil in 2024 amid...

Vietnam's biggest oil refiner Nghi Son Refinery and Petrochemical will further increase its operating capacity to ensure...

Crude oil futures were climbing higher at the start of the week on reports that Russia was set to rein in Q2 production..

Iraq's northern oil pipeline that runs via Turkey is likely to remain shut for the foreseeable future with interested parties still unable...

Moscow has ordered Russian oil producers to rein in production with combined output set to be capped at 9 million bpd to ensure...

Middle East oil crude markets opened the week marginally higher as prices consolidated close to 2024 high, while gasoil margins continued to slump...

China's state-owned energy giant Sinopec is aiming to increased the production of refined products by 2% in 2024, despite a drop in 2023 annual profits...

Crude oil futures in European hours Friday were little changed, although the selloff that started Wednesday eroded most of the early-week gains...

East-of-Suez crude oil prices ended the week marginally higher, although benchmark Dubai eased back from the four-month highs...

East of Suez crude markets eased for a second session Friday to leave prices only marginally higher on the week, while gasoline continued...