Asia Crude Oil News

Crude oil futures Tuesday were nudging higher, although benchmarks have largely entered into a holding pattern...

Iraq has been forced to halt operations at its Basra oil refinery with storage tanks full as marketers failed to lift any fuel oil...

Crude oil output from core OPEC members increased by 120,000 bpd in November after Libya returned to full capacity, offsetting a reduction...

Oil product exports from Taiwan sank in October against the backdrop of weaker crude runs as refining margins remained thin, government data...

Crude oil futures were higher as tensions in the Middle East were reignited, while China reported improved factory data...

Provisional data Monday pointed to a sharp jump in Indian oil demand last month, on track for record highs across transportation fuels...

Middle East crude opened the new month marginally lower as traders wait for the outcome of the OPEC+ meeting, while gasoil margins...

Efforts to forge the first global treaty on plastic pollution collapsed in Busan over the weekend, as oil-producing nations blocked attempts...

Taiwan's Formosa Petrochemical is set to lower run rates at Mailiao refinery in the first quarter of next year due to planned maintenance work, a company...

Crude oil futures in Friday were slightly lower and heading for weekly losses amid mixed pricing signals...

The average price for Middle East benchmark Dubai crude tumbled to the lowest level in more than three years in November...

Middle East crude prices posted a first gain in four sessions Friday, while strength in the Asian kerosene market saw the jet fuel east...

Crude oil futures Thursday were marginally higher ahead of next week's OPEC+ meeting, which has now been delayed until..

Donald Trump is considering expanding sanctions on Iran to include neighbouring Iraq, targeting OPEC's second-largest crude producer and a...

Middle East crude prices eased for a third session Thursday after the Israel-Hezbollah ceasefire deal, a move that helped push HSFO...

OPEC+ has delayed this weekend's planned meeting until 5 December, with the official communique citing a scheduling conflict...

Crude oil futures Wednesday were hovering just above one-week lows following a US-brokered ceasefire between Israel and Hezbollah...

OPEC+ is considering a further delay in planned production increases, according to the latest media briefings ahead of...

Middle East crude prices eased slightly Wednesday after the Israel-Hezbollah ceasefire deal, while gasoline margins continued to firm to hit...

Citi has reaffirmed its bearish $60/b Brent forecast for 2025, citing a looming supply surplus and weak demand as persistent challenges...