Asia Crude Oil News

The US military launched airstrikes on a number of Houthi targets over the weekend, further destabilising the region and threatening...

Middle East crude prices were slightly higher over the week although benchmark Dubai continued to bump along the bottom of the post-Covid trading range...

Crude oil futures were higher on Friday and were on course to end the week flat as a quick end to war in Ukraine remained elusive, stemming...

Middle East crude prices eased back to leave benchmark Dubai little changed on the week, while the selloff in middle distillate margins....

Oil futures were drifting lower Thursday after the midweek rebound stalled as traders turned to broader economic and geopolitical drivers...

Energy major BP said Thursday it expects direct and indirect emissions from its operations will balloon by a third in 2025...

Saudi Aramco has reduced term crude allocations to customers in China for a third month with deliveries to its largest customer set to fall...

Middle East crude prices climbed higher Thursday playing catch-up with Brent, while in the products market distillate margins continued to slide...

Azerbaijan produced 4.5 million mt of crude oil and natural gas liquids in the first two months of the year, with output estimated to have...

Turkey's national oil producer TPAO has agreed to form a joint venture with US shale producer Continental Resources to develop tight oil...

The Canadian province of Alberta and Japan's JOGMEC have signed an MOU to collaborate in various energy-related fields, including ammonia, hydrogen and CCUS...

Brent crude oil futures moved comfortably back above the $70/b level Wednesday as the market waited on the outcome of discussions...

OPEC has maintained its outlook for global oil demand growth in 2025 at 1.45 million bpd, although conceded that a tariff-led trade war...

Middle East crude prices were little changed Wednesday, while the gasoil crack slipped to its weakest against Brent since December...

Diesel production in Malaysia dropped to a three-month low in January, with government figures showing production of the middle...

Middle distillate supply in Japan remained tight as commercial inventories continue to drop against the backdrop of the spring maintenance season...

Crude oil futures were nudging higher but Brent remained around the $70/b mark on Tuesday as US tariff policy continues to...

Kuwait's crude production capacity is expected to rise to 4 million bpd by 2035 from its current level of...

The investment arm of the UAE's Adnoc will make significant investments in US natural gas this year via its XRG investment arm...

Middle East crude rowed back Tuesday to leave prices just above multi-year lows, while gasoil cracks continued to slide as peak winter...