Asia Crude Oil News

The average price for Middle East Dubai crude climbed for a second consecutive month in February, as the East-of-Suez benchmark...

Dubai crude prices were slightly lower Thursday as the Middle East benchmark posted a lively expiry, while jet fuel cracks slipped to a nine...

Crude oil futures moved back into positive territory during European afternoon trading hours Wednesday, as growing expectations that OPEC+...

Dubai crude prices were slightly lower Wednesday as the Middle East benchmark headed for a sluggish expiry, while gasoil margins slipped...

Commodities giant Glencore has entered the race to buy the Shell Bukom refinery in Singapore, potentially pitting it against fellow top-tier trader Vitol...

Quantum Commodity Intelligence – Chinese demand for gasoline is expected to increase this year amid...

Refined oil product stocks in Japan rebounded slightly during the week ending February 24 as higher crude runs boosted...

Crude oil futures in Tuesday were slightly higher amid choppy trading as markets watched for developments on US attempts to broker a ceasefire in Gaza...

China National Offshore Oil Company (CNOOC) has announced a fresh offshore oil and gas discovery at Bohai Bay in northern China...

Russia will ban gasoline exports for six months effective 1 March, government officials announced Tuesday...

Quantum Commodity Intelligence –...

Australia's Woodside Energy expects LNG demand to increase more than 50% by 2023...

Crude oil futures Monday were higher after overturning earlier losses, as markets again faced mixed price signals...

Tanker operators in and around the Red Sea remained on high alert after another oil carrier had a near miss over the weekend

Goldman Sachs said Monday it sees only a modest risk premium despite an escalation in attacks on commercial shipping in the Red Sea...

Middle East oil prices opened the week lower with markets catching up with Brent losses after Asian markets had closed on Monday...

Bullish positioning in the crude oil market crept higher last week as funds increased speculative long bets on the WTI market...

Crude oil futures Friday were sliding lower after a senior Fed official played down the prospects for an early rate cut...

Middle East crude oil prices ended little changed over the week, as ongoing tensions in the Middle East and Red Sea shipping disruptions...

A fire at a 580,000 bpd refinery operated by S-Oil in South Korea has been extinguished, according to local media reports...