Asia Crude Oil News

East of Suez crude edged higher Monday as benchmark Dubai neared monthly highs, with oil product margins generally under downward...

Geopolitical risk positioning saw speculators build up bullish positions in the crude market to their highest level in nearly a year last week as...

Australia's LNG exports hit a record high of almost 10 billion cubic metres in December as winter heating demand in the northern...

Crude oil futures in Friday were slightly higher amid escalating tensions on Israel's northern border, although this week's IEA report...

The restart of Iraq's northern oil pipeline that runs via Turkey will not happen "any time soon," according to a senior official from the Kurdistan...

East-of-Suez crude prices closed higher for a second week amid rising tensions in the Middle East and effective closure of the Red Sea to commercial shipping...

Dubai crude rebounded Friday to catch up with Brent losses after Asian markets had closed on Friday, while gasoil cracks continued to pull...

Japan's largest crude refiner Eneos has halted operations of a crude distillation unit (CDU) with a capacity of 153,000 bpd at...

South Korea's crude oil imports continued their upward run in January as the country scrambled for supplies due to ongoing tensions in the...

Crude oil futures were little changed Thursday after initially extending the previous session's losses following the steep build in US crude stocks...

Middle East oil prices dropped for the first time in more than a week after the...

Goldman Sachs has widened its 2024 outlook for spread differentials between benchmark crude grades, primarily as a result of...

Oman's Duqm Refinery has already reached its nameplate capacity of 230,000 bpd and could add a further 5%-10%...

Nigeria's Dangote oil refinery has sold its first-ever oil product cargo in a landmark move for...

Refined oil product stocks in Japan further retreated to the lowest level since last summer amid...

Crude oil futures in European hours Wednesday were little changed after mixed inventory data from the API, while the latest US inflation report...

Shell has pulled out of a deal to build a petrochemical plant in Iraq, the company and industry officials confirmed Tuesday...

East of Suez oil prices were higher once again, rallying for a sixth consecutive session Wednesday as the upward trend remained firmly intact...

Kuwait has left its Official Selling Price (OSPs) unchanged for its main export grade loading in March, following...

Crude oil futures hours Tuesday were higher as markets maintained the upwards trend seen so far during the first half of February...