Asia Crude Oil News

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...

The UAE will slash oil shipments by more than 200,000 bpd from January as part of the wider agreement among OPEC+ members to tighten...

Trafigura Group posted a significant 62% drop in net profit for its 2024 financial year, recording $2.8 billion, as the company absorbed...

Middle East benchmark Dubai crude ended the week firmer, underpinned by promises of further stimulus measures to boost China and the...

Middle East crude eased slightly on the day but still posted comfortable weekly gains, while gasoline cracks continued to firm to near...

Crude oil futures were steady Thursday, with investors looking for details on Beijing's plans to boost China's stumbling economy via...

OPEC and its allies boosted oil production by 320,000 bpd in November, led by significant increases in Libya and Kazakhstan...

Russia's state-owned Rosneft has signed a 10-year deal to supply India's privately owned Reliance Industries with 500,000 bpd...

Iraq's SOMO has reduced the OSP on its key export grade for Asia in January 2025, following the broader regional trend

The International Energy Agency (IEA) forecasts a global oil surplus of up to 1.4 million bpd in 2025, even as demand rises by 1.1 million...

Middle East crude climbed to monthly highs as sentiment pivoted to the upside, while gasoline margins continued to firm amid tighter...

Azerbaijan's crude oil and natural gas condensate output continued to recover last month to hit its highest levels since April, monthly...

Crude oil futures were climbing higher on growing expectations of further China stimulus, while speculation on tighter sanctions...

Goldman Sachs expects oil tanker freight rates to decline steadily over the next two years as fleet growth outpaces demand, easing the...

OPEC has again trimmed its forecast for global oil demand this year and next, once more citing lower-than-expected growth from Asia...

Kerosene stocks in Japan continued to slide last week amid the peak winter heating season despite local refiners ramping up crude runs to the...

Middle East crude edged higher as Dubai continued to outpace Brent this month, while gasoline cracks continued to push higher...

The US Energy Information Administration (EIA) has lowered its 2025 Brent crude oil price forecast to under $74/b, down from almost...

Malaysia's refined oil products output fell sharply in October as weak regional demand was compounded by an unplanned refinery...