Asia Crude Oil News

Saudi Arabia could face a budget shortfall of more than $76 billion by 2026 if oil prices slump below $40 a barrel...

China's crude oil imports rose sharply in March as refiners rushed to secure supply ahead of possible US crackdowns on sanctioned barrels...

Sweeping US tariffs sparked a sharp retreat from long positions in crude and refined product futures last week as recession fears for the global...

Benchmark crude oil futures drifted higher on Friday as markets digested Washington's decision to place global tariffs plans on ice but remained...

Middle East crude prices were sharply lower for a second consecutive week as the standoff between the US and China showed no signs of softening...

Crude oil futures nudging higher as benchmarks looked to pull away from the week's multi-year lows, which came after the escalation...

East of Suez oil prices eased again cement weekly losses of almost 8%, while the east-west spread for marine fuel and HSFO both widened to...

China raised its tariffs on all US products from 84% to 125% in response to the White House's threat to increase reciprocal duties to 145% as the...

The US government has decided to sanction a Chinese terminal for breaking trade restrictions on Iranian crude and oil products in the latest move...

Chinese refiners are to scale up purchases of Saudi crude oil in the coming months, taking advantage of lower sale prices from the world's...

Benchmark crude oil futures were mixed Thursday after US President Donald Trump placed global tariff plans on ice for all but China...

Crude oil futures were sliding lower as benchmarks struggled to hold onto initial gains after Trump announced a pause on...

Worldwide oil demand growth through next year will be undermined by a slew of changes in global policy, notably tariff increases...

Kazakhstan will meet its OPEC+ target in April and compensate for March overproduction, the Energy Ministry told Interfax, after the country...

The Caspian Pipeline Consortium (CPC) said Thursday it is expecting emergency repairs at a pumping station in southern Russia to...

East of Suez oil prices rebounded in line with global markets Thursday, including crude bouncing over 5%, while the refined products...

Benchmarks were sharply lower on Wednesday as China unveiled an additional 50% tariff to hit US goods on Thursday, while US crude inventories...

Oil futures: Crude oil futures slumped to fresh multi-year lows as the turmoil around global tariffs showed no signs of abating...

Kazakhstan lifted crude production to a record 1.79 million bpd in March, overshooting its OPEC+ quota by more than 300,000 bpd and...

India's Reliance has shut at least one crude unit and other secondary units at its massive Jamnagar refinery for around three weeks...