Asia Crude Oil News

OPEC held its forecast for oil demand growth this year and next unchanged on Thursday...

QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums on the Middle East medium sour crude expected...

Middle East oil prices were higher for a fifth session Tuesday as Singapore traders returned from the extended holiday weekend, while the...

Quantum Commodity Intelligence –Indonesia's state-owned energy major Pertamina will slash the refining capacity at its Balikpapan refinery by...

Azerbaijan produced 2.5 million mt of crude oil and 1.6 billion cubic metres of natural gas in January, the country's energy minister said...

Crude oil futures Monday were marginally lower as benchmarks eased slightly from the previous session's February highs...

Saudi Arabia Energy Minister Prince Abdulaziz bin Salman said he believes oil demand will remain robust, while highlighting efforts from OPEC to...

Goldman Sachs said Monday that 600,000 bpd of China's forecasted oil demand growth for 2024 is under threat...

OPEC and its allies, collectively referred to as OPEC+, reduced crude oil production by a net 340,000 bpd in January, but the figure was still a significant miss...

CEOs of two of the biggest energy majors dismissed reports that oil demand...

Asia commentary and pricing are suspended for the Lunar New Year holiday in Singapore. A normal publishing schedule will resume on 13 February...

Middle East crude prices trended higher over the week amid faltering ceasefire talks, while continued Red Sea shipping disruptions...

Crude oil futures in European hours Friday were little changed, largely consolidating the week's firm gains after rallying 3%...

A 130,000 bpd refinery in southern Russia has suffered a fire after being hit in an overnight drone attack, the latest in a series of...

Middle East oil prices were higher for a fourth session Friday, cementing the week's solid gains, while east-west spreads for middle distillates...

Crude oil futures Thursday were around 2.5% higher as the week's firm trend continued, underpinned by stronger refined products and faltering ceasefire talks...

Shipping giant A.P. Moller-Maersk said the current rerouting of its fleet to avoid using the Red Sea will likely last at least several more weeks...

Middle East oil prices were higher for a third session Thursday as sentiment continued to improve, while gasoil cracks firmed further to...

Crude oil futures in were trading higher for a third session as the EIA said that US oil production...

India's gasoline demand rebounded 4% in January and LPG demand hit a record high, offsetting a seasonal drop in diesel consumption...