Asia Crude Oil News

Iraq has reopened the 150,000 bpd Baiji refinery a decade after it was forced to close when militants...

East of Suez crude markets eased slightly Friday but ended the week little changed, with that move helping to support distillate refining margins...

Crude oil futures Thursday were edging higher, as benchmarks moved to the upper reaches of the recent range...

Indian crude imports hit their highest level since May 2022 last month as strong domestic demand and a healthy export slate continuing to...

Dubai's has set the OSP for Dubai crude loading in May at parity...

East of Suez crude markets resumed the firm monthly trend Thursday with prices close to February highs, while gasoil cracks fell to fresh...

Crude oil futures were edging higher Wednesday, rebounding from earlier losses as benchmarks continued to see-saw...

Swiss-based mining company and commodities trader Glencore reported a steep year-on-year drop in profits during 2023...

Backwardation in the benchmark Dubai forward structure has strengthened to the widest level since early November this week, indicating a tightening in physical availabilities...

Vietnam's January crude oil imports rebounded 8% from December, with the equivalent of 330,000 bpd landing through the month as...

Vietnam's Binh Son Refining and Petrochemical is to shut its Dung Quat refinery capable of...

Asian crude prices eased back from monthly highs Wednesday but East of Suez markets were seen as relatively upbeat, while the products...

Crude oil futures Tuesday were drifting lower, with markets again torn between economic headwinds and escalating geopolitical tensions...

Russia will fulfil its OPEC+ quota obligations during February despite a reduction in oil refining capacity...

Russia has dialled back its 2024 oil output forecast and will see production of around 523 million mt through the year, according to...

Quantum Commodity Intelligence –...

Crude oil futures Monday were little changed, albeit off from earlier lows, as the recent upwards trend paused over concerns that a first US rate cut...

Chartering costs for the largest class of oil tankers have soared amid a demand surge for VLCCs, with the Red Sea...

Saudi Arabia's crude production edged higher in December but remained below its pledged target of 9 million bpd...

QatarEnergy has awarded its monthly Al Shaheen tender for April at slightly higher average premiums from the previous month...