Asia Crude Oil News

Middle East crude prices were marginally higher over the week but the rebound in flat prices disguised the underlying weakness in East-of-Suez markets...

Two of the world's biggest shipping companies have halted voyages through the Red Sea after another attack by Houthi forces, with the...

Crude oil futures in European trading hours Friday were little changed as Brent headed for slim weekly gains after registering...

Asian crude prices extend the gains seen at the back-end of the week although the spot market remained sluggish, while gasoline cracks ...

China's crude throughput continued to slide in November to reach the lowest point since Beijing first scrapped its strict Covid restrictions and...

Differentials for flagship medium sour grades loading in the Middle East during February have slumped to the lowest levels for three years...

Crude oil futures Thursday were sharply higher as benchmarks continued to pull away from this week's five-month lows..

Asian crude prices rebounded strongly Thursday after prices slumped to fresh five-month lows midweek, while...

Crude oil futures in European trading hours Wednesday were bouncing around five-month lows after benchmarks tumbled more than 3%....

Oil product stocks in Fujairah for the week ending December 11 fell as middle distillate inventory dropped for the first time in five weeks while light-end stocks slid further amid...

Asian crude prices took a massive nosedive Wednesday slumping to fresh five-month lows as the relentless selloff continued, pulling...

Naphtha inventories in Japan fell to a fresh low last week on firm regional demand...

Kuwait has reduced its Official Selling Price (OSPs) for its main export grade loading in January, reflecting the fall in spot premiums...

Crude oil futures Tuesday were in sharp retreat having failed to consolidate earlier gains, as benchmarks retested last week's five-month lows...

A tanker carrying biofuel feedstocks allegedly owned by ENI and destined for Italy has been attacked by Houthi militants...

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

High-sulphur fuel oil values have firmed in northwest Europe and Asia since China announced new...

The brief rebound in Asian crude prices came to a halt Tuesday but of more concern for producers will be the crunch in market structure, a...

Crude oil futures Monday were higher following a late rally after benchmarks initially struggled to consolidate the previous session's cautious recovery...

The OPEC+ producer alliance will have to maintain supply discipline throughout 2024 in order to keep global oil markets balanced...