Market-moving news and intelligence across global energy markets.
ExxonMobil reports $14.7 billion adjusted Q2 2026 earnings, driven by strong refining margins and Permian production, despite Middle East disruptions.
US energy firms increased oil and gas rigs for the sixth time in seven weeks, signaling a rebound in shale activity driven by rising WTI prices and strong
BP initiates formal sale of its UK North Sea business, ending a 60-year presence as part of a strategic portfolio review and capital reallocation.
Global crude and product flows are rerouting due to Strait of Hormuz disruptions, Venezuela's export strategy shifts, and US West Coast refinery changes, i
European gasoil margins over crude hit a record $74.66/barrel as Ukrainian attacks on Russian refineries and Middle East outages slash capacity, driving up
Oil prices are forecast to rise further in 2026 as Middle East supply disruptions persist, driven by Strait of Hormuz and Red Sea attacks.
Indonesia faces widespread fuel shortages and public discontent as global supply disruptions exacerbate domestic subsidy pressures and rationing measures.
Shell reported robust Q2 2026 adjusted earnings of $9.8 billion, driven by strong operational performance and higher commodity prices, while committing to
Shell reported Q2 2026 adjusted earnings of $9.8 billion, more than doubling last year's profit, driven by high energy prices and strong trading.
Install Asian Oil
Add to your home screen for quick access to live market prices and daily briefings.
We use cookies to improve your experience, analyse site traffic, and personalise content. You can accept all, reject non-essential cookies, or customise your preferences. Read our Privacy Policy and Cookie Policy.
Strictly Necessary
Required for the site to function. Cannot be disabled.
Analytics
Google Analytics, Microsoft Clarity, and Hotjar to understand usage.
Functional
Theme preference, accessibility settings, and PWA install prompt.
