Crude Oil News

The Nigerian National Petroleum Company wants to raise $60 billion and more than double its crude oil production to 3 million bpd by 2030...

QatarEnergy has awarded its monthly Al Shaheen tender for June-loading cargoes at higher levels on the month, reflecting the improvement...

The United States launched a major airstrike on Yemen's Ras Issa oil terminal on 17 April, targeting key energy infrastructure...

Colombia's Bicentenario crude pipeline was shut down on 17 April following an explosive attack in the northeastern department of Arauca...

Enbridge expects to restore normal operations to its liquids pipelines and terminals Thursday after temporarily...

The Czech Republic ended a more than 60-year reliance on Russian crude supply after a Prague-area tank farm received this week its first...

Crude oil futures were higher Thursday, extending gains on hopes of a thaw in the US/China trade standoff, while tightening Iran sanctions...

US oil and gas rotary drilling activity rebounded after sliding for three weeks, as rig counts in the Permian...

Benchmark crude oil futures extended gains on Thursday on the prospect of easing trade tensions between the United States and China, while...

Middle East crude prices ended the week comfortably higher, helping to partly reverse the 15% losses registered during the...

French oil product demand was seen higher over the year in March on higher gasoline and jet consumption...

Algeria's largest refinery and one loading birth at the Mediterranean port of Skikda are set to begin planned maintenance this week...

Crude oil refining margins in Asia are expected to stay under pressure until at least the end of 2025 as global markets are set to remain...

Singapore's total oil product stocks edged lower this week, as a steep draw in light distillates outweighed continued builds in residual fuel oil...

Motiva has restarted a gasoline-making FCC unit at its giant Port Arthur refinery in Texas after two failed attempts...

Middle East crude prices rounded off a positive week Thursday posting a two-week high, with firmer crude prices eating into product cracks...

Kazakhstan overshot its OPEC+ crude quota by 400,000 bpd in March, with official data published Thursday putting production at 7.76 million mt...

Crude oil imports into Japan continued to decline in March on the back of low refinery run rates as refining margins remained slim and some...

The US Army Corps of Engineers (USACE) plans to fast track permit application for a project to relocate...

Benchmark crude oil futures rebounded Wednesday as the United States imposed greater pressure on Iranian oil supply, while LSGO...