Asia Crude Oil News

Middle East crude prices were higher Tuesday as benchmarks strengthened after OPEC+ delayed the planned output hike, while gasoil...

Oil production from the 12 core OPEC members recovered from 2024 lows during October as Libyan output rebounded, while Iraq led the cuts..

Officials in Beijing have greenlighted a new non-state-owned crude oil importer despite ongoing headwinds that have seen refinery...

Crude oil futures opened the week firmer after OPEC+ over the weekend announced a one-month to delay to planned production increases...

The volatile situation in the Middle East and broader geopolitical tensions will remain a primary driver of oil prices...

TotalEnergies has upped its global energy demand outlook on rising living standards in the Global South with that rise mostly met by oil and...

Investors see little prospect of global energy demand growth slowing and have urged more cash is needed to match it to avoid…

Crude oil output from core OPEC members increased by 370,000 bpd in October after Libya quickly ramped up to full capacity...

Middle East crude opened the week little changed as Monday's Brent increase cancelled out the late-Friday selloff, while Asia jet fuel tightness...

OPEC+ has further delayed plans to start restoring voluntary production cuts, with eight producers set to keep a lid on output for at least...

Taiwan's crude oil throughput plummeted in September to just 689,500 bpd, the lowest point not seen since last November as poor refining margins...

Crude oil futures Friday were higher as the geopolitical premium made a return on renewed...

Middle East benchmark Dubai crude ended the week slightly higher, overturning the Monday's slump as the geopolitical premium...

A Bashneft refinery in the Russian Republic of Bashkortostan was targeted in a Ukrainian drone attack overnight, the first apparent...

Middle East crude markets opened the new month higher as the risk premium returned, while jet fuel supply tightness in Asia saw prices...

Crude oil futures Thursday were climbing higher, as benchmarks extended the price rebound in place since...

Shell enjoyed a much better-than-expected set of Q3 earnings as its booming, outsized LNG business offset lower oil refining returns...

Trafigura said it has uncovered  serious misconduct by individuals in its Mongolian business, resulting losses...

OPEC+ is considering a further delay to scheduled planned production increases according to Reuters, while the broader market is split...

Turkey's crude oil imports slumped almost 35% on the month in September as refinery maintenance throttled demand, government data showed...