Crude Oil News

US crude oil inventories posted a slightly larger-than-expected draw for the week ending 23 August, while stockpiles of refined products...

European oil product refining margins tumbled across the board on Tuesday as oil products failed to track crude prices higher...

Crude oil futures were sliding lower Tuesday, having initially consolidated the strong gains posted...

Refinery margins across Asia remained under pressure this week, with a supply overhang of key products like gasoline and diesel bumping...

The US Department of Energy (DOE) said Monday it was looking to secure another 3.6 million barrels of US-origin sour crude oil delivered...

Crude oil cargo arrivals in Thailand rose strongly in July to the highest level this year as a broader tourism boom boosted transportation fuel...

Middle East crude prices posted a third consecutive gain Tuesday, a move that ate further into already weak middle distillate...

ExxonMobil said more investments are needed in oil and gas development to avoid global supply shortage as it expects demand to remain...

Goldman has revised downwards its oil price forecasts for this year and next by $5/b, citing slowing demand growth, relatively high...

A fire broke out at the Gazprom-operated 430,000 bpd Omsk refinery in Siberia late Monday, leaving one casualty and half dozen injured, but operations at...

A strong typhoon is set to disrupt crude import operations at strategic petroleum reserve sites in southwestern Japan after making...

Exports of Dar Blend crude are set to resume in the fourth quarter after hiatus of six months, following repairs to  key pipeline...

Crude oil futures Monday were sharply higher, as fears over an escalation in the Middle East conflict...

Mexico's refined oil products demand and production was up in July at the peak of summer demand, although domestic crude will...

Oil production in Libya was under further threat at the start of the week after the Benghazi-based government of Khalifa Haftar said it would...

Middle East crude prices Monday posted a second session of solid gains, a move that left much of the refined products market looking...

A precautionary shutdown at PKN Orlen's Litvinov refinery in the Czech Republic is to last until the end of the week as authorities...

Dubai's Department of Petroleum Affairs has set the Official Selling Price (OSP) for Dubai crude loading in November at a parity...

North American drilling activity eased marginally last week despite producers increasing the number of rigs operating in the Permian Basin...

The US Department of Energy has awarded the tender for a second batch of 2025-delivery crude into the SPR...