Asia Crude Oil News

Azerbaijan's crude oil and natural gas condensate production fell sharply in the first month of the new year, with the combined figure sliding to...

Oil prices fell for a second session on Thursday as markets reacted to US President Donald Trump's announcement that Washington and Moscow...

Chevron will lay off 15% to 20% of its global workforce by the end of 2026 as part of a broader effort to cut costs and streamline operations...

Crude oil futures Wednesday were drifting lower as markets paused after the week's firm upwards trend...

OPEC has maintained its relatively upbeat outlook for global oil demand growth in 2025 at 1.45 million bpd, shrugging off concerns that...

Global crude and condensate exports reached their highest levels in eight months in January, according to latest Vortexa analysis, as rising...

Middle East crude prices eased for the first time in four sessions Wednesday, while jet fuel and gasoil cracks strengthened to the highest levels...

China's oil demand growth is forecasted to extend beyond the midpoint of this decade as more refining and petrochemical cracking...

Crude oil futures Tuesday extended early-week gains as risk-on sentiment returned as traders eyed supply disruptions and winter-led demand...

India is open to buying more Venezuelan crude oil for its booming refining sector and is in discussions to get further deals over the...

Saudi Aramco has for a second month reduced term allocations to customers in China for March loadings, signalling the OPEC kingpin will...

Crude production from OPEC+ was marginally lower in January as the producer group makes renewed efforts to keep on top of compliance...

Middle East crude prices were higher for a third session Tuesday, while HSFO cracks continued to firm to a fresh premium against Brent prices....

A fire broke out after a fuel storage tank at the South Korean port of Ulsan exploded on Monday, killing one personnel on-site, according to local media...

Crude oil futures opened the week higher, underpinned by soaring natural gas prices in Europe, although tariffs and sanctions...

Middle East crude prices continued to edge up from one-month lows Monday, while gasoline paper cracks firmed to their highest...

Activist investor Elliott Investment Management has built a stake in BP, a move that could set off a battle over the British energy giant's...

Taiwanese exports of gasoline rose sharply in December against the backdrop of a seasonal demand pull towards the end of the year...

Risk-off sentiment spread across global markets as investors reduced exposure to crude oil futures after the US imposed 10% tariffs on...

Crude oil futures were trading sideways and heading for a third week of losses on Friday, albeit relatively modest ones...