Asia Crude Oil News

Crude oil futures Tuesday were slightly lower as markets struggled to hold the previous session's late gains...

Energy major BP has signed an agreement with the Iraqi government to invest in several major upstream projects around Kirkuk...

Malaysia's state-owned Petronas will not lift the first cargo from its equity stake in LNG Canada's Kitimat plant until later in the year...

The US wants to impose new fees and take other actions on Chinese players in the global maritime, logistics...

Middle East crude rebounded after the US announced a new round of sanctions aimed at Iran, while the diesel EFS widened further...

Middle East crude opened the week lower as prices caught up with the pre-weekend Brent selloff after Asia had closed, with the move help...

Energy consultancy Wood Mackenzie expects Brent prices to average at just below current levels this year, as new production...

Indonesian prosecutors have accused a senior executive from the state-owned oil and gas company Pertamina...

India's crude oil imports surged to an eight-month high in January, according to government data released Monday, even as product exports...

Crude oil futures opened the week little changed as markets steadied following Friday's selloff that wiped out the week's gains...

Iraq has again reaffirmed its commitment to OPEC+ and to stick within quota guidelines during 2025, which includes a series of compensation...

The European Union announced on Monday that it has suspended sanctions on Syria, potentially paving the way for additional supplies to enter a...

The Kurdistan Regional Government (KRG) said on Sunday it has reached agreement with federal capital Baghdad to restart crude exports...

Goldman Sachs expects US crude output to rise only slightly despite Donald Trump's threat of import tariffs as domestic refiners will...

Ampol's refining business took a heavy hit in 2024 as weaker margins and operational disruptions at its Lytton refinery squeezed earnings...

Optimism around peace talks ending Russia's war in Ukraine triggered an exodus of bullish speculators in the crude oil futures market...

Crude oil futures Friday were sharply lower as a pre-weekend selloff largely eroded the gains from four consecutive increases...

OPEC+ appears poised to postpone its planned production increases, according to analysis released Friday by ANZ Research, as members...

Middle East crude posted moderate gains to halt a run of four weekly losses, but benchmark Dubai remained locked in a tight range...

Middle East crude markets were little changed heading into the weekend as they consolidated moderate weekly gains, while HSFO...