Asia Crude Oil News

Asian crude prices were lower Thursday, although Dubai registered a relatively solid start to the month in gaining versus Brent, while east-west...

Production from core OPEC members dropped by more than 400,000 bpd in January as producers implemented the latest round of cuts...

Losses at Austria's OMV beleaguered chemicals division swelled to €77 million in the fourth quarter from €36 million...

The average price for benchmark Middle East Dubai edged up in January, breaking a three-month losing streak...

Crude oil futures Wednesday were in retreat after weak data from China weighed on markets, but benchmarks were heading for the first monthly gains since...

QatarEnergy has announced a number of engineering contracts that will boost production at the offshore Al Shaheen oil field...

Asian crude prices were slightly higher on the day Wednesday as benchmark Dubai registered the sharpest monthly gains since September...

Middle distillate stocks in Japan continued to fall for the week ending January 27 amid a surge in gasoil exports underpinned by...

Crude oil futures Tuesday were climbing higher, albeit amid choppy trade, as turmoil in the Middle East was tempered in part by concerns...

The Trans Mountain Expansion (TMX) pipeline will face a further delay before the first crude exports start loading from the Canada's Pacific coast...

Dutch bank ING has trimmed its oil price forecast for 2024 as strong supply growth from the Americas and Norway will match only modest demand growth...

Quantum Commodity Intelligence – ...

Saudi Arabia has dramatically cancelled plans to boost its production capacity by another 1 million bpd over the next few years...

Saudi Arabia's energy minister Prince Abdulaziz bin Salman has called for greater "joint efforts" to ensure oil market stability...

Crude oil futures Monday hit two-month highs in early trade before easing off after Friday's direct hit on an oil tanker...

Russia's oil output is forecast to hit roughly 530 million mt in 2024, equivalent to around 10.6 million bpd, energy minister Nikolay...

India's diesel exports jumped nearly 20% on the year in December, official data showed Monday...

Benchmark crude Dubai post fresh 2024 highs for a third consecutive session Monday on the deteriorating security situation in the...

A drone attack on a 300,000 bpd refinery near the Russian city of Yaroslavl has been stopped without damaging the site, the latest in a series of...

The direct strike on an oil tanker off the coast of Yemen in late January was viewed as a major escalation in Middle East conflict...