Asia Crude Oil News

Kuwait has slightly increased its OSPs for its main export grade loading in April...

QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums...

Quantum Commodity Intelligence – Azerbaijan's crude oil output continued to slide in February while exports also fell...

Crude oil futures in Monday were little changed following another session of choppy trading, although markets remained largely rangebound...

Saudi Aramco announced plans to boost its natural gas production by 60% by the end of this decade in a bid to wean the Kingdom off the direct burning of crude oil in its...

OPEC+ missed its crude production target by around 300,000 bpd in February according the latest survey from...

Quantum Commodity Intelligence – Middle East oil prices opened the week lower with markets catching up with Brent losses after Asian markets had...

Quantum Commodity Intelligence – Saudi Aramco is looking for more opportunities to invest in China as its CEO Amin Nasser said...

The world's largest energy company, Saudi Aramco, saw a steep drop in 2023 profits following lower oil prices, although capital expenditure is set to grow...

Crude oil futures Friday were drifting lower, although mostly holding the gains seen during the back end of the week and maintaining the firmer tone...

Citibank has raised its price forecast for Brent crude in the second quarter and the full-year of 2024, citing shipping disruptions in the Middle East...

Middle East oil prices finished the week on a firm footing as benchmark Dubai printed a 2024 high...

OPEC and its allies, collectively referred to as OPEC+, failed to fully implement fresh 2024 production cuts for a second month in February...

Chinese state-owned China National Offshore Oil Company (CNOOC) has unveiled a new oil reserve discovery containing...

Crude oil futures Thursday were slightly lower as benchmarks struggled to consolidated the previous-session's gains...

Saudi Arabia has transferred a third tranche of shares in energy giant Saudi Aramco from state ownership to PIF...

An extension of OPEC+ crude oil output cuts a further six months could see oil...

Middle East oil prices edged higher Thursday for a second session as Dubai consolidated close to 2024 highs, while high sulfur fuel oil margins...

One Iran's largest refineries, located at Banda Abbas in the south of the country, has been rocked by a blast...

Quantum Commodity Intelligence – China's crude oil imports in the first two months of 2024 rose slightly year on year while...