Crude Oil News

China's top oil refiner Sinopec expects domestic sales of refined products to rise further in the second half of the year as the company is...

Specs net short positions of benchmark diesel futures jumped last week as investors priced in rising concerns of a potential slowdown...

Brent crude oil futures rebounded on Friday on a softer dollar and after the Fed hinted at a likely rate cut this September, although...

Crude oil futures Friday were climbing higher after markets found a floor in the previous session, posting consecutive gains of...

Middle East crude benchmarks resumed the summer downwards trend, as broader concerns over the state of the global economy...

Middle East crude prices rebounded Friday amid the broader risk-on sentiment returning to the market, while short-term bullishness in the...

OPEC has further updated the timeline for Iraq and Kazakhstan to compensate for overproduction during the first half of the year...

Crude oil futures Thursday finally showed some positive momentum after a week's worth of losses, finding cautious support...

Brent crude oil futures were mostly unchanged for a second straight session after a US oil stock draw provided a floor to this week's...

Middle East crude resumed the month's downward trend Thursday with prices sliding back towards yearly lows, while gasoil prices were...

Singaporean oil refiner SRC is set to wind down operations of the crude distillation unit at its 290,000 bpd refinery until...

US oil production will reach a fresh annual average record of 13.7 million bpd in 2025, led by further growth from the giant Permian Basin...

US energy services firm Halliburton has reportedly been hit by a cyberattack causing widespread disruptions across the company's network...

Oil futures Wednesday were floundering again, as crude prices extended the bear run that had wiped around $5/b...

Crude steadied Wednesday and product cracks rebounded after an across-the-barrel US stock draw helped alleviate...

Demand for newbuild tankers has hit its highest level since 2006, with 194 product carriers on order in the first half of the year...

US commercial crude oil returned to the summer trend of lower stockpiles, posting a seventh draw in the last eight weeks...

A refined oil products tanker is adrift on the Red Sea after being hit by missiles fired from Yemen overnight, UK Maritime Trade Operations...

A slowdown in China's oil demand growth could mean crude oil prices slipping as low as $68/b next year with an economic slowdown and...

Australian energy producer Santos said Wednesday that several key projects are close to completion, which will start to lift production...