Asia Crude Oil News

Talks between the US and Iran on Tehran's nuclear ambitions were seen moving forward after the two sides agreed to a third round...

Ports in the US will begin charging new fees that will increase over time for ships belonging to Chinese...

Turkey is set to finalise an oil and gas exploration deal in Bulgaria's Black Sea waters next month as part of a broader drive to reduce its...

Middle East crude prices opened the week higher, while the front month gasoil EFS reached the widest in a fortnight...

QatarEnergy has awarded its monthly Al Shaheen tender for June-loading cargoes at higher levels on the month, reflecting the improvement...

OPEC+ needs to clear a backlog of almost 140 million barrels via its "compensation mechanism" if is to clear the overproduction since...

China's crude oil imports declared as Malaysian surged in March, nearing Russian volumes as the top origin for Chinese refiners, while...

The United States launched a major airstrike on Yemen's Ras Issa oil terminal on 17 April, targeting key energy infrastructure...

Crude oil futures were higher Thursday, extending gains on hopes of a thaw in the US/China trade standoff, while tightening Iran sanctions...

Benchmark crude oil futures extended gains on Thursday on the prospect of easing trade tensions between the United States and China, while...

Middle East crude prices ended the week comfortably higher, helping to partly reverse the 15% losses registered during the...

Crude oil refining margins in Asia are expected to stay under pressure until at least the end of 2025 as global markets are set to remain...

Singapore's total oil product stocks edged lower this week, as a steep draw in light distillates outweighed continued builds in residual fuel oil...

Middle East crude prices rounded off a positive week Thursday posting a two-week high, with firmer crude prices eating into product cracks...

Kazakhstan overshot its OPEC+ crude quota by 400,000 bpd in March, with official data published Thursday putting production at 7.76 million mt...

Crude oil imports into Japan continued to decline in March on the back of low refinery run rates as refining margins remained slim and some...

Benchmark crude oil futures rebounded Wednesday as the United States imposed greater pressure on Iranian oil supply, while LSGO...

Vista Energy has acquired Petronas' 50% stake in Argentina's La Amarga Chica block for $1.5 billion, marking the Malaysian firm's exit from...

The US Treasury has sanctioned another Chinese independent refiner for trading Iranian oil, stepping up efforts to pressure Tehran...

Global trade will shrink this year as US tariffs and policy uncertainty hit industrial output and cross-border flows, the World Trade Organization...