Crude Oil News

Crude held onto recent gains Thursday, returning to levels prior to the global financial volatility late last week...

Vertex Energy has ceased production of renewable diesel at its Mobile refinery in Alabama and is on track to convert its hydrocracker back to...

Oil output in the Canadian province of Alberta jumped in June as seasonal maintenance wound down and wildfires caused..

Japan is expected to import more gasoline in the next two months as domestic refinery outages continue to cap crude runs while peak demand...

Quantum Commodity Intelligence – Middle East crude prices moved higher for a third...

Libya's National Oil Corporation has declared force majeure on all crude loadings from the Sharara oil field with immediate effect...

The US Department of Energy has tendered for January crude oil to replenish stocks in the SPR...

Adnoc has increased the Official Selling Prices (OSPs) for September-loading crude, with its flagship Murban grade set at...

US refiner Exxon Mobil has resumed operations of several units at the 252,000 bpd Joliet refinery in Illinois after a power outage hit...

Crude prices rebounded Wednesday, helped by a surprise US stock draw and stabilisation in financial markets,

Saudi Aramco is to boost its stake in the Petro Rabigh complex, increasing its downstream footprint in the country...

US commercial crude oil inventories retreated for a sixth consecutive week, with the draw coming primarily from the Gulf Coast...

Crude oil futures in Wednesday were sharply higher on hopes that the worst of the global financial wobble is over...

US crude exports continued to rise through June as higher demand from India, China and the Netherlands lifted overseas sales to their...

The US Energy Information Administration remains relatively upbeat on the prospects for oil prices for the balance of this year, citing...

Middle East crude prices edged up Wednesday for a second session as markets continued to stabilise after rout seen in the first half of the week....

India's oil product demand was sharply higher in July compared to the same last year as the world's fastest growing large economy...

Omani oil producer and refiner OQ has been forced to close one of two crude units at its 198,000 bpd Sohar refinery for unplanned...

Motiva is expected to keep its gasoline-producing FCC at the massive 640,000 bpd Port Arthur refinery...

US crude oil inventories posted a first build in six weeks for the week ending 2 August, while stocks of refined products...