Crude Oil News

A trial date has been set for the former Trafigura executive, Mike Wainwright, on charges related to bribery allegations...

California's Richmond City Council has voted unanimously to approve a $550 million settlement from Chevron...

Middle East crude markets Thursday extended the week's decline, while regional tightness in Asia pushed the jet fuel east-west to a fresh...

China's crude oil throughput continued to fall in July to the lowest level in 18 months as a stagnate demand recovery and refinery...

The US unit of commodities trader Vitol has been hit with a $500,000 fine by the Commodity Futures Trading Commission (CFTC) for...

Crude oil futures Wednesday were drifting lower as an unexpected build in US crude stocks cancelled out earlier gains...

Crude fell on Wednesday as a surprise US stock build outweighed Middle East tensions, while European gasoline was unable to draw support...

US commercial crude oil inventories posted an unexpected build to snap a run of six consecutive draws...

US gasoline stocks fell nearly 3 million barrels last week to a fresh low for the year, as net exports jumped and demand inched back above the 9 million bpd mark...

Russian seaborne crude oil exports hit 116 million mt in the first seven months of the year, with exports for July around 21.8 million mt...

East of Suez crude prices eased back Wednesday to snap a six-session winning streak, although that was not enough to stop margins...

The International Energy Agency (IEA) no longer expects global gasoline demand to peak this year...

Indonesia's Pertamina is looking to start low-carbon gasoline production at its Balikpapan refinery in about a year's time after...

Brent crude oil futures slid $1/b in Tuesday afternoon trade, snapping a five-day winning streak amid a reduced risk of...

Crude oil futures Tuesday were drifting lower, but benchmarks were still trading at close to the monthly highs registered...

Spanish refineries dialled back on crude processing through June, with monthly data from Cores published Tuesday showing 5.04...

A fire which broke out in a pipeline transporting oil from the Libyan Waha oil field to the port of Es Sider has been extinguished...

Asian crude markets were higher for a sixth session as Dubai again played catchup with Brent, while jet fuel east-west arb trade window...

China has completed construction of one of the largest rigs in the world, which will be shipped to Saudi Arabia as part of the expansion...

The global oil market flipped into a deficit this June as the busiest US driving season since Covid more than offset demand...