Asia Crude Oil News
11 Nov 2024
Crude oil futures Monday were sharply lower as benchmarks extended losses following Friday's sharp selloff...
11 Nov 2024
Middle East crude opened the week lower as markets caught up following the Brent retreat after Asia had closed on Friday, while it...
8 Nov 2024
Crude oil futures Friday were drifting lower as the threat to US oil fields from Hurricane Rafael faded, limiting weekly gains to around 2%...
8 Nov 2024
The global crude oil market saw prices trading lower on Friday despite the Chinese government announcing a massive $1.4 trillion stimulus package...
8 Nov 2024
Middle East benchmark Dubai crude ended marginally firmer over the week, after a solid start helped to offset...
8 Nov 2024
Middle East crude prices were marginally lower Friday as benchmarks posted slim weekly gains of under 0.5%, while refined product cracks...
7 Nov 2024
Crude oil futures Thursday were nudging higher, as benchmarks continued to claw back the initial losses following Donald Trump's election victory...
7 Nov 2024
Middle East crude prices edged higher Thursday, regaining the previous day's losses, while the products market saw the recent recovery...
7 Nov 2024
Refined product stocks in Singapore rebounded sharply in the past week as light distillate inventories jumped amid gasoline net imports...
7 Nov 2024
Chinese oil product exports dived in October to the lowest level since August 2022 as limited export quotas and low crude runs throttled...
7 Nov 2024
Jet fuel stocks in Japan jumped last week on the back of higher crude throughput as local refiners filled up storage tanks in preparation for...
6 Nov 2024
Crude oil futures were moving sideways Wednesday as the market digested news of a Donald Trump win in US Presidential...
6 Nov 2024
India's diesel demand surged over the month in October, while gasoline sales rose by 5% as subsiding monsoon rainfall spurred increasing...
6 Nov 2024
Adnoc has increased the Official Selling Prices (OSPs) for December-loading crude, with its flagship Murban grade set at...
6 Nov 2024
Middle East crude prices retreated Wednesday as benchmarks surrendered early-week gains, while gasoline cash diffs flipped back into a...
6 Nov 2024
The cost of transporting residual fuel from the Middle East to Singapore rose sharply in recent weeks amid strong fuel oil exports to Asia ...
6 Nov 2024
Saudi Aramco has cut the OSP for its flagship Arab Light crude loading in December, reflecting lower cash cargo premiums...
5 Nov 2024
Crude oil futures Tuesday were higher as benchmarks initially consolidated and then extended the early-week gains...
5 Nov 2024
Saudi Aramco reported a 15% slump in third-quarter profits for 2024 versus last year amid lower prices...
5 Nov 2024
Global demand for road fuels may have peaked but oil sales will continue to grow over the coming decade due to non-OECD demand…