Asia Crude Oil News

Japan's light refined oil product supply surplus widened further last week as weak seasonal demand lifted oil product inventories...

Crude oil futures steadied at the week's lower levels, after the proposed ceasefire between Israel and Hezbollah...

Thailand's crude oil imports soared to a record high in October, reaching 1.42 million bpd, driven by increased refining activity and a strong...

Middle East crude prices retreated Tuesday on hopes that the expected Israel-Hezbollah treaty would lead to a broader settlement, ***...

Kurdistan's Prime Minister Masrour Barzani has accused Iraq's federal government of causing $20 billion in losses due to the closure...

Goldman Sachs has flagged a turbulent year ahead for the oil market in 2025, with downside risks outweighing short-term upside potential...

Crude oil futures Monday were in retreat amid reports that a ceasefire deal between Israel and Hezbollah was gaining traction...

OPEC+ will hold its early December ministerial meeting online rather than in person, according to newswire reports citing OPEC sources...

The UK has sanctioned 30 tankers from Russia's so-called shadow fleet, marking its largest-ever crackdown on vessels transporting Russian...

Iran is set to hold talks over its contested nuclear arms programme over the coming days, the Iranian foreign ministry announced Sunday...

Middle East crude opened the week slightly lower although premiums nudged up, while marine fuel structure has weakened notably as...

The US Treasury Department is scrutinising the relationship between JPMorgan and a hedge fund reportedly part of a network operated...

The Chinese government has reportedly granted a new batch of crude oil import quotas to an independent refiner for prompt cargo arrivals...

Kazakhstan has lowered its 2024 oil production forecast to 88.4 million mt, or 1.77 million bpd, down from an earlier projection of over...

Crude oil prices were higher Friday, solidifying gains after a bumpy week that saw geopolitical tensions in the Russia-Ukraine war...

Middle East benchmark Dubai crude ended the week sharply higher as elevated geopolitical tensions helped overturn...

India's state-run refineries processed 527,340 bpd in October, down 2.6% from September as weaker margins have moved operators to throttle...

East of Suez crude markets were higher Friday's as geopolitical tensions boosted prices, while gasoil cracks continued to firm...

Saudi Aramco will take on additional debt but focus on "value and growth" for its dividend over the longer term...

Crude oil futures were climbing higher as investors waited on the next move from Moscow, amid heightened geopolitical tensions...