Asia Crude Oil News

23 Jan 2024
Russia's energy export revenues fell 8% on the month in December to a five-month low of €58 million per day as crude prices fell through...
23 Jan 2024
The quality of crude oil produced in Texas last year was relatively denser as the state reached record levels of output, with the changing slate...
23 Jan 2024
Rising crude oil prices have compounded oversupply problems in the Asian high sulfur fuel oil market, with refiners' theoretical margins...
23 Jan 2024
Quantum Commodity Intelligence – Middle East oil prices rallied strongly after the latest wave of strikes against Houthi militants raised the geopolitical temperature in the region, driving...
23 Jan 2024
Ongoing disruptions to maritime traffic in the Red Sea have had a major impact on international trade flows and are likely to...
23 Jan 2024
Dubai's Department of Petroleum Affairs has set the Official Selling Price (OSP) for Dubai crude loading in April at parity...
23 Jan 2024
Tokyo-headquartered Idemitsu Kosan is on track to wind down crude oil refining activities at one of its main refineries in Japan and...
22 Jan 2024
Crude oil futures were pushing higher Monday, having initially opened the week...
22 Jan 2024
Saudi Arabia's crude exports rose to a five-month high of 6.3 million bpd in November, even as the country's output slowed as part of a broader...
22 Jan 2024
Quantum Commodity Intelligence – Middle East oil prices opened the week lower, with markets catching up with Brent losses after Asian markets had closed on Friday, which...
22 Jan 2024
China's crude oil imports from its top supplier Russia grew for the second consecutive month in December while...
22 Jan 2024
Marine fuel oil exports from bonded storage in China rebounded last month in spite of a quota shortage that...
19 Jan 2024
Crude futures were lower following Friday's late sell-off, eroding the week's otherwise modest gains...
19 Jan 2024
Middle East crude prices closed the week largely unchanged, as geopolitical tensions and Red Sea shipping delays...
19 Jan 2024
Middle East crude prices strengthened for a second Friday as benchmark Dubai posted the second highest print of 2024...
18 Jan 2024
Saudi Tadawul has bought a stake in the Dubai Mercantile Exchange (DME), with the Saudi exchange set to take a 32.6% stake in...
18 Jan 2024
The International Energy Agency (IEA) raised its 2024 forecast for global oil demand by another 180,000 bpd on Thursday...
18 Jan 2024
Asia crude prices rebounded Thursday after the upbeat midweek report from OPEC which sees demand growth intact, while oil product trades...
18 Jan 2024
Crude oil futures Thursday ended European trade higher after the EIA's weekly stock report came in better than expected...
18 Jan 2024
QatarEnergy has awarded its monthly Al Shaheen tender for March at positive premiums...
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