Asian Oil News https://aogdigital.com/rss Asian Oil News en-US Thu, 28 Mar 2024 09:22:25 -0400 https://aogdigital.com/news/512585-asia-crude-imports-surge-as-china-india-snap-up-russian-oil Asia Crude Imports Surge as China, India Snap Up Russian Oil Asia's imports of crude oil are expected to rise to the highest in 10 months as heavyweights China and India lifted arrivals from Russia, but impending maintenance… Thu, 28 Mar 2024 13:22:25 Z https://aogdigital.com/news/512585-asia-crude-imports-surge-as-china-india-snap-up-russian-oil https://aogdigital.com/news/511926-oil-rises-almost-2-as-markets-await-opec-decision Oil Rises Almost 2% as Markets Await OPEC+ Decision Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply agreements for the second quarter while weighing fresh U.S… Fri, 01 Mar 2024 14:10:05 Z https://aogdigital.com/news/511926-oil-rises-almost-2-as-markets-await-opec-decision https://aogdigital.com/news/511172-chevron-reroutes-kazakh-oil-to-asia-around-africa Chevron Reroutes Kazakh Oil to Asia Around Africa Chevron is sending cargoes of Kazakhstan's CPC Blend oil to Asia around Africa's Cape of Good Hope rather than via the Red Sea to avoid the risk of attacks by Yemen’s Houthis… Tue, 30 Jan 2024 22:04:24 Z https://aogdigital.com/news/511172-chevron-reroutes-kazakh-oil-to-asia-around-africa https://aogdigital.com/news/511036-bp-launches-its-largestever-seismic-program-at-azerbaijan-oil-field BP Launches Its ‘Largest-Ever’ Seismic Program at Azerbaijan Oil Field BP has started a new four-dimensional (4D) high-definition ocean bottom node seismic program on its Azeri-Chirag-Deepwater Gunashli (ACG) oil field in the Caspian Sea… Wed, 24 Jan 2024 07:49:01 Z https://aogdigital.com/news/511036-bp-launches-its-largestever-seismic-program-at-azerbaijan-oil-field https://aogdigital.com/news/511024-india-to-become-main-driver-of-incremental-oil-use-by-2030 India to Become Main Driver of Incremental Oil Use by 2030 India's petroleum consumption climbed to a new record last year and the country is on course to overtake China as the primary driver of incremental oil consumption before 2030… Tue, 23 Jan 2024 20:21:57 Z https://aogdigital.com/news/511024-india-to-become-main-driver-of-incremental-oil-use-by-2030 https://aogdigital.com/news/510799-india-cuts-windfall-tax-on-petroleum-crude India Cuts Windfall Tax on Petroleum Crude India cut its windfall tax on petroleum crude to 1,700 rupees ($20.53) a tonne from 2,300 rupees a tonne, according to a government notification on Monday.The cut will be effective from Jan… Mon, 15 Jan 2024 18:44:19 Z https://aogdigital.com/news/510799-india-cuts-windfall-tax-on-petroleum-crude https://aogdigital.com/news/510641-indian-refiners-to-ask-for-extra-saudi-oil-after-sharp-price-cut Indian Refiners to Ask for Extra Saudi Oil After Sharp Price Cut Two Indian state refiners are seeking to boost imports of Saudi crude oil after the kingdom cut the official selling price of its key export grade for February to the lowest in 27 months… Tue, 09 Jan 2024 14:57:08 Z https://aogdigital.com/news/510641-indian-refiners-to-ask-for-extra-saudi-oil-after-sharp-price-cut https://aogdigital.com/news/510451-west-azeri-platform-marks-1-billion-barrels-milestone West Azeri Platform Marks 1 Billion Barrels Milestone West Azeri platform, located in the Caspian Sea at Azeri-Chirag-Gunashli (ACG) oil field, has achieved 1 billion barrels total production.The announcement was made by BP… Fri, 29 Dec 2023 08:02:53 Z https://aogdigital.com/news/510451-west-azeri-platform-marks-1-billion-barrels-milestone https://aogdigital.com/news/510441-oil-loadings-resume-from-russias-port-of-novorossiisk-after-storm Oil Loadings Resume from Russia's Port of Novorossiisk After Storm Oil loadings from Russia's Black Sea port of Novorossiisk have resumed after being suspended due to a storm on Dec. 27, two sources familiar with the matter told Reuters on Thursday… Thu, 28 Dec 2023 15:43:51 Z https://aogdigital.com/news/510441-oil-loadings-resume-from-russias-port-of-novorossiisk-after-storm https://aogdigital.com/news/510156-world-oil-demand-next-year-to-rise-faster-than-expected-iea-says World Oil Demand Next Year to Rise Faster than Expected, IEA Says World oil demand will rise faster than expected next year, the International Energy Agency (IEA) said on Thursday, a sign that the outlook for near-term oil use… Thu, 14 Dec 2023 15:57:41 Z https://aogdigital.com/news/510156-world-oil-demand-next-year-to-rise-faster-than-expected-iea-says https://aogdigital.com/news/510155-iea-sees-indian-oil-product-demand-growth-slowing-in-2024 IEA Sees Indian Oil Product Demand Growth Slowing in 2024 The International Energy Agency (IEA) said on Thursday the 'explosive growth' in Indian oil product consumption may be coming to an end.In a monthly report, the… Thu, 14 Dec 2023 15:51:53 Z https://aogdigital.com/news/510155-iea-sees-indian-oil-product-demand-growth-slowing-in-2024 https://aogdigital.com/news/510149-oil-investors-to-usher-in-2024-amid-oversupply-demand-concerns Oil Investors to Usher in 2024 Amid Oversupply, Demand Concerns Oil investors will usher in 2024 with gnawing concerns about oversupply, slowing economic growth and simmering Middle East tension that could spark price volatility… Thu, 14 Dec 2023 15:10:35 Z https://aogdigital.com/news/510149-oil-investors-to-usher-in-2024-amid-oversupply-demand-concerns https://aogdigital.com/news/510001-opec-chief-urges-members-to-reject-any-cop28-deal-that-targets-fossil-fuels OPEC Chief Urges Members to Reject Any COP28 Deal that Targets Fossil Fuels OPEC Secretary General Haitham Al Ghais has urged OPEC members to reject proposals for any deal under negotiation at the COP28 climate summit which targeted fossil fuels rather than emissions… Fri, 08 Dec 2023 17:08:57 Z https://aogdigital.com/news/510001-opec-chief-urges-members-to-reject-any-cop28-deal-that-targets-fossil-fuels https://aogdigital.com/news/509878-india-resumes-imports-of-venezuelan-oil India Resumes Imports of Venezuelan Oil Indian refiners have resumed Venezuelan oil purchases through intermediaries, with Reliance RELI.NS set to meet executives from state firm PDVSA next week to discuss… Mon, 04 Dec 2023 16:50:01 Z https://aogdigital.com/news/509878-india-resumes-imports-of-venezuelan-oil https://aogdigital.com/news/509757-investors-bet-against-opec-raising-oil-prices Investors Bet Against OPEC+ Raising Oil Prices Investors are increasingly pessimistic about the outlook for crude oil prices as doubts grow OPEC+ will cut production enough to offset rising non-OPEC output and a deteriorating economic outlook… Tue, 28 Nov 2023 19:00:18 Z https://aogdigital.com/news/509757-investors-bet-against-opec-raising-oil-prices