Asia Crude Oil News

Crude oil futures crashed 10% on Friday as a new variant of the Covid-19 virus rocked confidence in the global economic...

South Korea unveiled plans Friday to meet 33% of final energy consumption and 23% of power generation using clean...

Asian 0.5%-sulfur marine fuel oil cracks surged to their highest level since early 2020 when the grade was first introduced...

A Chinese crackdown on data providers has spread to the commodity space, with some suppliers...

The steep fall in oil prices Friday in response to the new Covid-19 variant has been overblown and that initial flight restrictions to southern Africa will only remove a relatively small volume...

Benchmark Dubai crude oil prices dropped more than 4% on the week of November 26, with the entire loss registered Friday as prices tumbled...

Asian crude oil prices slumped by 5% Friday as the latest Covid-19 variant accelerated oversupply fears, while refined products...

Global jet fuel refining margins plunged on Friday morning after a new and potentially more virulent Covid-19...

Crude oil futures Thursday were slightly lower, although largely holding on to the gains made since the international coordinated stock release...

East of Suez crude oil prices eased back slightly Thursday from the previous day’s steep gains, while diesel...

Japanese oil refineries cranked up a gear during the third week of November with crude...

The UAE remains fully committed to the OPEC+ agreement and has no "prior stance" ahead of an upcoming meeting on Dec. 2...

Saudi Arabia and Russia, kingpins of the OPEC+ producer alliance, are considering a move to pause recent efforts to provide the world with more crude...

Crude oil futures firmed Wednesday, consolidating the previous day's steep gains as traders shrugged off the US announcement...

The current strength in oil and gas prices is 'partially artificial' and could be alleviated if producers ramped up available supplies...

French energy major TotalEnergies will hand out $500 bonuses to over 60,000 of its global...

Dubai's Department of Petroleum Affairs has set the official selling price (OSP) for Dubai crude loading in February at a discount of $0.20 per barrel...

Australian refiner Viva Energy said it will cut scope 1 and scope 2 emissions of its refinery business 10%...

The benchmark Dubai crude forward curve rebounded strongly Wednesday as the paltry stock releases announced by Asia’s largest oil consumers were seen...

The planned release of crude oil from government reserves to quell rampant energy prices is...