Asia Crude Oil News

Asian crude prices Wednesday resumed the downward slide after a brief respite in the previous session, with the move leaving...

Naphtha led a decline in Japan's refined product stocks last week on firm demand for the petrochemical sector...

Saudi Arabia's trading entity has made a rare foray into the Platts Market-on-Close (MOC) North Sea crude window, purchasing a cargo of...

China's top economic planning body has lowered domestic fuel price ceilings for the fifth time in a row as...

Crude oil futures Tuesday were marginally higher after eventually finding support at lower levels in the wake of the three-day selloff...

Oil markets face an uncertain outlook for next year but will trend higher during 2024 with the expected Q1 surplus set to narrow...

Saudi Aramco has cut Official Selling Prices (OSPs) on its flagship Arab Light crude for January-loading to Asia, the first reduction since...

Asian crude prices Tuesday steadied after slumping more than $6/b in the wake of the OPEC+ meeting, while...

The US Energy Information Administration (EIA) has revised upward its figures for oil shipments transiting through two crucial Middle East...

Low sulfur fuel oil futures (LSFO) in China traded lower for the third consecutive session on Tuesday after...

Crude oil futures Monday were under further downwards pressure after last week's fresh round of OPEC+ cuts did little to address...

Brazil will not be joining the OPEC oil producers' alliance under the presidency of Lula da Silva...

Asian crude prices Monday were sharply lower as global oil markets continued to tumble following the OPEC+ meeting, with the price drop...

Kuwait's Al-Zour refinery is now fully operational after a third and final CDU was brought online over the weekend...

China's state-owned oil and gas producer PetroChina has discovered a new oil reserve in the western part of the country...

Asian crude prices Friday were sharply lower after global oil markets slumped following the OPEC+ meeting, while the start of a new month...

Crude oil futures Friday were drifting lower as markets tested lower levels after the fallout from the...

An end-week selloff saw Asian crude prices decline for a fifth week out of the last six, as the latest round of OPEC+ cuts...

OPEC+ members have declared voluntary cuts following Thursday's meeting, with additional reductions totaling around 900,000 bpd...

Commercial stocks of refined oil products in China slumped to the lowest level in two months after...