Crude Oil News

European natural gas prices Monday were holding at around 2024 highs following unscheduled maintenance in the Norwegian continental shelf...

Poland's Orlen Group has signed another deal with BP for 6 million mt of North Sea crude over the next twelve months...

Ukraine's incursion into Russia's Kursk region has scotched proposed talks between Kyiv and Moscow that would have sought to halt...

Middle East crude opened the week lower as markets caught up with the Brent retreat after Asia had closed on Friday, while middle...

Iran has nudge up  Official Selling Prices for its flagship Iranian Light grade, broadly following the trend for slightly higher OSPs...

Nigeria's NNPC has denied owing nearly $7 billion to international oil companies for fuel purchased overseas...

Speculative positioning in crude and road fuel markets looked slightly bullish last week as concerns over escalated tensions in the...

North American drilling activity edged up last week as producers reduced the number of rigs in Texas...

Crude oil futures Friday were sliding lower, largely wiping out otherwise slim weekly gains after benchmarks had initially recovered from...

Crude prices eased Friday to end the week largely flat as geopolitical risk faded and output was seen higher...

Middle East crude benchmarks posted the first gains in six weeks, albeit modest, as markets stabilized after the early-month upheaval...

Middle East crude markets Friday nudged higher to consolidate the week's gains...

The US Department of Energy has awarded its first tender for the purchase of 2025-delivery crude into the Strategic Petroleum Reserve...

Chinese refiners raised gasoline and jet fuel yield last month on the back of strong seasonal demand even as the overall crude...

QatarEnergy has awarded its monthly Al Shaheen tender for October, with premiums in retreat amid sluggish spot demand and...

California Governor Gavin Newsom is planning legislation that requires refiners in the state...

US oil refiner Phillips 66 shut the fluidic catalytic cracking unit at its Borger refinery in northern Texas due to...

Crude oil futures Thursday were climbing higher with Brent nearing the $81/b mark as investors eyed developments...

Crude futures firmed Thursday as positive US data eased concerns over Chinese oil consumption...

Kazakhstan's crude oil output inched higher through July despite pledges to cut production as it looks to meet its OPEC+ quota allocation...