Asia Crude Oil News

India's February crude oil imports were 9% ahead of last year as the country's refining industry continues to expand to meet domestic...

OPEC has issued a revised program for compensation cuts, broadening the number of OPEC+ countries subject to reduced output...

Middle East crude resumed the upward trend Thursday after faltering in the previous session, while distillate margins were firmer for...

China's crude oil refining capacity is expected to drop to around 900 million mt per year and stabilise there as more independent...

President Donald Trump's letter to Iran's Supreme Leader included a two-month deadline for a nuclear deal, according to the Axios website...

The arrivals of Russian-origin crude oil cargoes in China last month fell sharply compared to a year ago as intensified Western sanctions forced...

Crude oil futures in Wednesday were little changed after Brent initially skidded towards the $70/b mark before rebounding...

Export flows of Iranian crude oil have continued despite the latest round of US sanctions as Tehran continues to attract more vessels to join...

Middle East crude prices eased back Wednesday amid the broader crude selloff, a move that helped the distillates market manage to...

Chinese gasoline exports dropped significantly last month as the surge in domestic road travel demand capped shipments to the international market...

Japan's crude oil imports fell sharply last month amid the start of the turnaround season, with refiners lowering their crude buying target months...

Goldman Sachs said the oil market remains fixated on downside pricing and low volatility and is underpricing the possibility of higher...

Jet fuel inventories in Japan dropped last week to the lowest level since spring 2012, despite increased refinery output, amid persistent...

Crude oil futures rowed back Tuesday despite initially posting two-week highs, as the prospects of slower economic growth from the US...

Kazakhstan's energy minister is to stand down according to local media reports, coming with the country embroiled in a row with fellow OPEC+...

Saudi Arabia's crude exports inched lower in December as output remained static in line with OPEC+ output...

Wood Mackenzie expects global oil benchmark Brent prices to average $73/b this year, down $7/b...

Mexico's PMI has raised its so-called K factor used in its formulas to price nearly all its grades sold internationally...

Middle East crude prices posted two-week highs amid heightened geopolitical tensions, while the selloff in the Asian distillates market...

The South Korean government said it will boost crude oil reserves to a new record high and raise road fuel stockpiles this year to hedge against supply...