Asia Crude Oil News

Crude oil futures were spiking higher late Friday on reports that an oil tanker had taken a direct hit from a Houthi missile...

Gasoline maintained its strong start to 2024 as supply disruptions and logistical bottlenecks...

Middle East crude prices closed out the week at near two-month highs, as geopolitical tensions in the Middle East and hopes of an improving...

Thailand's December crude oil imports slipped 11% on the month, with customs data showing imports falling as contracted volumes fell...

Benchmark Dubai crude hit fresh yearly highs Friday on the increased geopolitical risk and improving economic outlook, a move that did...

Crude throughput by China's biggest oil refiner Sinopec jumped in 2023 thanks to a surge in kerosene output as...

Russia's crude output fell just under 1% on the year in 2023 to 530 million mt, with the drop attributed to Moscow following its quota...

Urals crude this week has been transferred onto a VLCC for the first time in six months, indicating Russian firms are looking to mitigate the risk...

Oil futures Thursday were comfortably higher for a second session as crude benchmarks extended the midweek rally...

Australian energy producer Santos is set to face delays to its troubled Barossa gas project in the Timor Sea...

Benchmark Dubai crude moved above $80/b Thursday for the first time this year, while gasoline cracks continued to rise as...

China's third-largest state-owned oil company CNOOC is looking to boost its crude output to a new record high in 2024 to match...

A former commodities trader is seeking $2.8 billion in damages against the UAE, alleging his company was the subject of a smear campaign...

The Trans Mountain Expansion (TMX) pipeline will finally start loading crude for export in March or early April, a company official confirmed...

Crude oil futures Wednesday were slightly higher as Brent continued to circle around the $80/b mark, having initially eased...

The cost of shipping clean products across the Atlantic has more than doubled in the last week...

Middle East eased slightly Wednesday, although oil markets were broadly on hold amid mixed pricing signals, while product cracks largely softened...

Uganda is close to finalising a financing deal with a UAE investment group to develop a planned $4 billion refinery, according to press reports...

Middle distillate stocks in Japan further dropped in the week ending January 20 as...

Crude oil futures Tuesday were marginally higher, as broader economic concerns offset earlier gains after Brent initially consolidated...