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Asia-Pacific economies are facing an energy crisis that threatens to worsen in coming months and reach historic proportions if the Russia-Ukraine war continues. The magnitude of the crisis varies [...]

UAE’s Dana Gas has suspended a 250 MMcf/d expansion project at its Khor Mor field in Iraq’s semi-autonomous Kurdistan region following three rocket attacks in less than a week on its [...]

Countries in the Asia-Pacific region are grappling with the fallout from high energy prices, fuel supply disruptions and growing shortages of oil, gas and coal, and the situation is likely to [...]

Marine fuel oil 0.5%S supply in Singapore was likely to remain tight over June 27-July 1 amid a high gasoil crack spread, market sources said. In contrast, supply-demand fundamentals in the high [...]

Asian gasoline and its octane boosting blendstocks have firmed due to the peak summer driving season, which was expected to continue supporting demand for the week of June 27-July 1, sources [...]

India is exploring options to sign term crude deals with smaller suppliers as well as Russia, a sign that triple-digit oil prices and a ballooning import bill are prompting New Delhi to look [...]

Oil prices are expected to trade rangebound in the week ended July 1 as conflicting signals of recessionary fears and a supply crunch is likely to keep prices in a tight range. Front-month August [...]

Crude oil futures were higher in mid-morning trade in Asia June 27, reversing early losses of more than $2/b though sentiment remained fragile amid ongoing concerns of a global economic slowdown. [...]

The Asian middle distillate market could see diverging fundamentals over June 27-July 1, with ample jet fuel/kerosene supplies capping the distillate’s upside, while the gasoil complex [...]

The Khor Mor natural gas field in the Kurdistan region of Iraq is operating normally, a spokesman for the Kurdistan Regional Government said in a tweet on June 25 after confirming there was no [...]