Asia Crude Oil News

7 Feb 2025
Middle East crude was consolidating at around one-month lows after a volatile week for oil markets that left the Dubai benchmark...
7 Feb 2025
Middle East crude prices edged up from one-month lows Friday but heading for a sluggish weekly performance, while HSFO 380 CST...
6 Feb 2025
Crude oil futures Thursday were marginally higher as prices steadied following a tumultuous week so far...
6 Feb 2025
The spread between marine fuel and high sulfur fuel oil in Asia narrowed to the lowest levels since the IMO 2020 sulfur cap took effect half a...
6 Feb 2025
South Korea will extend its tax cuts for gasoline, diesel and LPG for three more months as the country's inflation continue to creep higher, the acting president Choi Sang-mok announced...
6 Feb 2025
Middle East crude prices sank to around one-month lows Thursday amid concerns over a tariffs war dampening global trade, while the...
6 Feb 2025
Oil production from the 12 core OPEC members eased for a second month in January as reductions from Nigeria and Iran offset...
6 Feb 2025
South Korean conglomerate SK Innovation expects margins from its oil refining business to stay stable in 2025 after a solid rebound in Q4 as demand for...
5 Feb 2025
Crude oil futures Wednesday were in retreat on broader demand concerns, but markets remain volatile amid mixed pricing signals...
5 Feb 2025
Saudi Aramco has sharply increased OSP for its flagship Arab Light crude loading in March, reflecting the surge in spot premiums for...
5 Feb 2025
Production at Iraq's giant Rumaila oil field is still down by around 180,000 bpd or 15%, officials said Wednesday...
5 Feb 2025
Middle East crude prices rebounded after the US threatened a clampdown on Iranian exports, while structure in the naphtha curve has firmed...
5 Feb 2025
Goldman Sachs expects that China's retaliatory sanctions aimed at US goods will have a limited impact, causing only shipments to...
5 Feb 2025
Fujairah's oil product inventories fell 3% from the previous week, with declines in fuel oil and middle distillates outweighing a rise in light distillates...
5 Feb 2025
US President Donald Trump has signed off on legislation aimed at restoring "maximum pressure" on Iran, which are set to impact oil...
5 Feb 2025
Middle distillate stocks in Japan continued to slide during the week ending 25 January as crude throughput in the country fell on the...
4 Feb 2025
Fuel oil barge trades surged in Tuesday's cash session with liquidity tripling on the day, as traders scrambled for volumes in the wake...
4 Feb 2025
Crude oil futures rebounded on reports that Donald Trump was expected to target Iran with new legislation, lifting benchmarks off...
4 Feb 2025
Shipments of marine fuel to Singapore fell sharply in January, as narrowing price spreads between Europe and Asia reduced arbitrage...
4 Feb 2025
Middle East crude prices resumed their downward trend Tuesday as global markets retreated after US tariffs were paused, while the...
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