Crude Oil News

Crude and product prices steadied Monday after last week's late sell-off...

Oil output in the Canadian province of Alberta rebounded near all-time highs in July as seasonal maintenance...

Crude oil futures Monday were consolidating at lower levels after reports indicating OPEC+ would increase output in October...

Russia complied with its crude production quota last month under the terms of the OPEC+ agreement...

Spanish demand for jet fuel soared to new heights last month as high tourism rates pushed summer travel closer towards its seasonal peak, continuing to...

A fire has been contained at the Moscow Oil Refinery, officials were quoted by Russia's Tass news agency Monday...

Two oil tankers have been targeted by missile strikes in the Red Sea in the latest incident to force commercial shipping out of the...

Oil production from Libya remained severely constrained Monday despite some production being restored of the weekend...

North American drilling activity eased for the third consecutive week to register the lowest total since June, according to the latest report from...

Nigeria's state-owned oil firm NNPC has confirmed debts to fuel suppliers was threatening its ability...

Middle East crude markets opened the new month lower with traders pricing in a likely October hike in OPEC+ output, while in the products...

Brazil's domestic demand for refined oil products continued to rise through the month, gaining 4% from June to touch 2.4 million bpd as...

Oil refiner Orlen Unipetrol has started work to bring its 103,000 bpd Litvinov refinery in the Czech Republic back online this week after...

Money managers temporarily shrugged off global demand growth concerns and shifted focus to supply risks in the Middle East and the...

OPEC+ is likely to go ahead with planned production increases from October, according to a Reuters report...

Brent crude oil futures tumbled on Friday on a report that OPEC was set to push through its Q4 output increases, giving way...

Crude oil futures Friday came under heavy selling pressure following reports that OPEC+ was set to go ahead with planned...

The average price for Middle East Dubai retreated sharply in August versus the previous month, as concerns over...

Brazil's crude output fell 5% on the month in July to touch its lowest levels since April as production continued to struggle to push back to...

Middle East crude prices rebounded Friday as Dubai closed out the month on a firmer footing, while the selloff in gasoline and middle...