Asia Crude Oil News

The week's sharp crude losses extended into Friday after China retaliated to US tariffs with sweeping levies of its own,...

Diesel margins in the West of Suez market fell to the lowest levels of the year this week as Washington's belligerent protectionist policies...

East of Suez crude oil prices were spiralling lower Friday amid the double hit from tariffs and higher OPEC+ output, with product flat prices...

Inventories of refinery feedstocks in China's Shandong province have risen to the highest level since early April as local refiners rushed to clear...

Goldman Sachs has lowered its expectation for crude oil prices as the US introduced sweeping tariffs on its global trading partners, while the market is also...

Oil futures gapped lower at the Asian open Thursday as the market digested the implications of a bigger-than-expected series of...

Middle East benchmark Dubai rowed back Thursday as the latest round of US tariffs rocked oil markets, while naphtha prices...

Benchmark crude oil futures drifted lower on Wednesday as markets braced for further escalation in global trade tensions, while LSGO...

Oil futures were edging higher during Asian trading hours Wednesday as the market remained on edge ahead of the expected rollout of...

Nigeria's government on Wednesday ousted the chief executive of state-owned NNPC Mele Kyari, alongside the chairman and rest of the...

Tightening US sanctions against Iran and Venezuela threaten to reverse recent production gains, analysts at Saxo warned on Wednesday...

Dubai crude ramped up to five-week highs Wednesday amid the feared crunch on sour crude supplies, while naphtha cracks and diffs...

Russian oil pipeline operator Transneft suspended oil loadings at a single mooring at the Black Sea port of Novorossiysk for 90 days on...

Iran could maintain a stable crude oil output even if the nuclear negotiations with the US fall apart, triggering the Trump administration to impose...

Turkey's seaborne crude oil imports recovered from January's three-month lows and were marked 2% higher on the year in...

Benchmark crude oil futures extended gains Tuesday as increasing Western pressure on global oil supply coincided with improving...

Oil futures traded higher on 1 April as US President Donald Trump renewed threats of secondary tariffs on Russian oil buyers...

Sinopec's refinery throughput declined 2% in 2024 as the Chinese oil major grappled with falling domestic demand for diesel and a...

Exports of Mexican crude to the US in January sank to the lowest levels in 44 years as the Latin American...

Dubai crude posted fresh one-month highs Monday amid the growing threat to crude supplies, while naphtha cracks slipped to a...