China's domestic crude oil production recorded a rare fall of 3.9 percent in March over the same month last year, official data showed, as sustained low oil prices took a harder hit on producers.     Read Article  +

India's oil demand rose to a record high of 17.10 million mt (4.33 million b/d) in March as strong vehicle sales, infrastructure push, the government's LPG penetration scheme, and robust air travel supported consumption across the barrel.     R...  +

Crude-oil prices lost steam Wednesday, as conflicting expectations for key producers to agree on a production freeze keep the market in a volatile mode.     Read Article  +

Investors are bracing this week for a meeting of the world’s largest oil producers that could make or break crude’s recent price rally.     Read Article   +

As oil markets look for the green shoots of a price recovery, LNG participants are hunkering down for a long winter.     Read Article  +

Oil Search managing director Peter Botten says the company is looking for growth opportunities and expects deal activity to pick up in the second half of the year, describing the industry as “unsustainable” with oil at $US30 a ­barrel.     Read...  +

Crude-oil prices continued to rise in Asian trade Thursday, driven by an unexpected decline in U.S. crude inventories.     Read Article  +

Asian spot prices for liquefied natural gas (LNG) slipped this week in line with transaction levels in a string of recently awarded tenders. LNG for May delivery in Asia traded at around $4.30 per million British thermal units (mmBtu), compared wi...  +

Saudi Arabia is struggling to sell all of its oil despite increasing output to record levels.     Read Article  +

Saudi Arabia lost market share in more than half of the most important countries it sold crude to in the past three years, even as the kingdom increased output to record levels.     Read Article  +