Asia Crude Oil News

Quantum Commodity Intelligence - Crude oil futures opened the week higher to touch their highest level in a fortnight after the US...

Kazakhstan's crude oil production surged 15% in February to 1.79 million bpd, driven by increased output from Chevron's expanded Tengiz...

Goldman Sachs lowered its oil price forecasts through 2026, citing slowing US economic growth and increased OPEC+ output, reversing...

Middle East crude prices opened the week higher amid a spike in regional tensions, while marine fuel prices continued to come off further...

Crude throughput in China rose in the first two months of the year, recovering from a multi-month low in December as holiday demand and fresh export...

Speculative investors continued to unwind their bullish positions in the Brent crude futures market during the week ending 11 March as oversupply...

The US military launched airstrikes on a number of Houthi targets over the weekend, further destabilising the region and threatening...

Middle East crude prices were slightly higher over the week although benchmark Dubai continued to bump along the bottom of the post-Covid trading range...

Crude oil futures were higher on Friday and were on course to end the week flat as a quick end to war in Ukraine remained elusive, stemming...

Middle East crude prices eased back to leave benchmark Dubai little changed on the week, while the selloff in middle distillate margins....

Oil futures were drifting lower Thursday after the midweek rebound stalled as traders turned to broader economic and geopolitical drivers...

Energy major BP said Thursday it expects direct and indirect emissions from its operations will balloon by a third in 2025...

Saudi Aramco has reduced term crude allocations to customers in China for a third month with deliveries to its largest customer set to fall...

Middle East crude prices climbed higher Thursday playing catch-up with Brent, while in the products market distillate margins continued to slide...

Azerbaijan produced 4.5 million mt of crude oil and natural gas liquids in the first two months of the year, with output estimated to have...

Turkey's national oil producer TPAO has agreed to form a joint venture with US shale producer Continental Resources to develop tight oil...

The Canadian province of Alberta and Japan's JOGMEC have signed an MOU to collaborate in various energy-related fields, including ammonia, hydrogen and CCUS...

Brent crude oil futures moved comfortably back above the $70/b level Wednesday as the market waited on the outcome of discussions...

OPEC has maintained its outlook for global oil demand growth in 2025 at 1.45 million bpd, although conceded that a tariff-led trade war...

Middle East crude prices were little changed Wednesday, while the gasoil crack slipped to its weakest against Brent since December...