Asia Crude Oil News

The Caspian Pipeline Consortium (CPC) has suspended operations at two of its three offshore mooring points at Novorossiysk following...

Middle East benchmark Dubai registered the lowest post-Covid average in March, coinciding with the first planned hike in OPEC+...

A consortium led by infrastructure group BlackRock to buy more than four dozen ports, including...

PetroChina's refining and fuel sales profits fell sharply in 2024 as the country's accelerating shift toward electric vehicles and LNG...

Crude futures were trading near one-month highs Monday as the market weighed threats from US President Donald Trump to impose...

US President Donald Trump warned he could impose secondary tariffs of up to 50% on countries buying Russian oil if Moscow...

Asia commentary and pricing are suspended Monday for the Eid-al-Fitr and Hari Raya Puasa holidays in Singapore. A normal...

Crude oil futures hovered near one-month highs on 28 March, on track for a third straight weekly gain, as tightening global supply...

Diesel margins fell under pressure in the West of Suez market this week as concerns over the implications of Washington's tariffs...

Middle East crude prices posted a third week of gains to leave benchmark Dubai at monthly highs for the May25 contract expiry, boosted by...

Dubai crude spiked to fresh monthly highs Friday after a solid week, while refined product prices showed little initial reaction to news of...

Brent futures were tracking sideways Thursday, holding near one-month highs after US crude inventories posted...

Dubai crude pushed up to fresh monthly highs Thursday, broadly following the global trend, while a large build in Singapore fuel oil stocks...

China's state-owned oil refiner Sinopec is planning to start a new crude distillation unit at its biggest refinery next quarter after a fire incident in...

The Iraqi government has given its final approval for BP to redevelop several giant oil fields in Kirkuk...

Brent crude futures were edging higher as API reported a draw in US inventories, with the market weighing a ceasefire...

Middle East crude markets were steady Wednesday, consolidating at monthly highs, while distillate cracks bounced to a two-week high...

Japan's gasoline inventories fell to the lowest level since August last week as refinery maintenance curbed output ahead of peak spring...

Shell plans to grow LNG sales and keep oil output steady as it shifts focus to high-return hydrocarbons and a simplified...

India's refiners processed a record 5.4 million bpd of crude oil last month as its sector continues to go from strength to strength amid...