Asia Crude Oil News

Crude oil futures were under pressure for a second session as the tariff standoff and broader concerns ever the global economy weighed...

Benchmark crude oil futures extended losses on Tuesday as stalling trade negotiations between the US and China emboldened concerns of oversupply...

US midstream giant Enterprise Products Partners expects oil and gas operators in the Permian Basin to...

The Brent/Dubai cash spread moved back into positive territory Tuesday for the first time in two months, with the flip attributed to...

Middle East crude prices dropped for a fourth trading session Tuesday as Dubai came under additional pressure, but lower crude prices sent...

Crude futures opened the week lower with initial optimism that trade talks were progressing soon dashed after China denied that Xi Jinping..

Reliance Industries plans to focus on supplying more fuel to the Indian market as demand growth weakens in international hubs...

Middle East crude prices slipped for a third straight session Monday as Dubai continued to surrender ground to Brent, while the...

Iran's oil export hub of Bandar Abbas was rocked by a huge chemical explosion over the weekend, killing over two dozen and injuring hundreds...

Speculative investors rushed to cover short positions in crude oil futures last week amid signs of an easing trade tension between the US and...

Crude oil futures were initially in retreat Friday and heading for a weekly decline but showed a late-day rally despite tariffs and OPEC+...

Schlumberger (SLB) expects to record 25% margin growth for the year, assuming oil prices remain...

Energy industry services provider Schlumberger (SLB) reported that its first quarter revenue fell after...

Middle East crude prices ended the week slightly lower as the upwards lift from a thaw in the tariff war was derailed by the discord within OPEC+...

Middle East crude prices were lower for a second session amid uncertainty on OPEC+ output, a move that leant support to margins at the...

Taiwan's biggest oil refiner CPC is set to shut some of its crude distillation units in June for planned maintenance despite the overlap of peak...

Crude oil futures were slightly higher as markets faced mixed signals with the growing prospect of easing trade tariffs offset by OPEC+ discord...

Kazakhstan's reluctance to fully comply with OPEC+ quotas has exposed fault lines within the group, as national priorities begin to eclipse...

S&P Global Ratings downgraded Bahrain's outlook to negative on Wednesday, warning that falling oil prices and tighter financing conditions...

Middle East crude prices retreated for the first time this week amid discord within OPEC+, while gasoline continued to firm...