Asia Crude Oil News

Crude oil futures Thursday were drifting lower after Federal Reserve officials made their third and final rate cut of 2024 at Wednesday's meeting....

Israel launched airstrikes on Yemeni energy infrastructure early 19 December, targeting ports and power stations in response to Houthi...

China's oil demand will peak at 800 million mt annually by 2027, state-owned refiner Sinopec said Thursday, underscoring the rapid...

Middle East crude markets eased Thursday following the broader selloff in oil benchmarks, while gasoil margins continued to firm...

QatarEnergy has awarded its monthly Al Shaheen tender for February 2025 at slightly higher premiums versus the previous month...

Crude oil futures were higher as benchmarks recovered from the week's lows ahead of the US rate decision...

Kazakhstan's crude oil production rose 12% in November to 1.44 million bpd, recovering after recent maintenance shutdowns, although...

Saudi Arabia's crude production remained constrained in October due to sustained OPEC+ output cuts, with falling refinery intake weighing on...

China's refinery output fell to its lowest since February 2023 last month as weak downstream demand at home and abroad led refiners...

Middle East crude markets steadied Wednesday ahead of the US interest rate decision, while gasoline and middle distillate margins...

Crude oil futures Tuesday were drifting lower for a second session, after struggling to gain a foothold amid sluggish...

Commodities giant Glencore has hired the former BP trader Aditya Ravavarapu to head up its Singapore-based crude team...

Middle East crude markets rowed back Tuesday following the broader risk-off trend, while the bearish pressure piled higher in...

Crude oil futures Monday were slightly lower as sluggish sales data from China derailed the previous week's upward momentum...

South Korean customs agency cleared 11.29 million mt of crude oil last month, unchanged from October as a rise in Australian and Kuwait crude...

Middle East crude opened the week higher with markets catching up following the Brent gains after Asia had closed on Friday, putting a...

China's crude oil throughput rebounded in November on the back of higher cargo arrivals during the month as independent refiners ramped up purchases after...

Global investors last week placed more bets on diesel prices falling as slim arbitrage margins throttled exports from the US and Asia while...

QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour crude expected...

Crude oil futures were climbing higher Friday to consolidate the week's moderate gains, underpinned by hopes of a boost from China...