Crude Oil News

Japan's refined oil product stocks were stable last week as the return of domestic refining capacities helped fend off some of the...

China's crude oil imports last month slumped to the lowest level in 22 months amid refinery maintenance and as weak economic...

Crude and product prices were little moved Tuesday as an early recovery stalled, having sold off sharply...

Marathon Petroleum remains bullish on fundamentals for US refiners as industry margins slim in an increasingly "mid-cycle" environment

Crude oil futures Tuesday continued to pull away from the 2024 lows posted at the start of the week...

BP and Shell have offered to contribute up to $15 million in financing to the South African government as it weighs up a deal to...

Brent crude should continue to see a floor at around $75/b despite the recent volatility in the wider financial market as current demand...

Saudi Aramco reported a dip in second quarter profits for 2024 versus the previous year as the energy producer reined in production, while soft...

Middle East crude prices edged up Tuesday although markets broadly remained under pressure, but it did not stop naphtha cracks...

TotalEnergies has agreed to divest its Pakistani assets with the sale of a 50% share in fuel retailer Total Parco to Gunvor.

Idemitsu Kosan saw its refined oil product exports soaring in the first financial quarter of this year amid a faltering recovery in demand in...

Valero has shut a gasoline-producing FCC at its McKee refinery in Texas for a few days of planned maintenance this week

Local authorities in the semi-autonomous region of northern Iraq have launched a clampdown on unlicensed refining operations in a bid to tackle...

Oil production from the 12 core OPEC members increased during July, as Iraq was again was the primary overproducer despite pledging...

Crude oil futures tumbled to 2024 lows as concerns over global economic growth and slowing oil demand growth...

Crude dropped to fresh multi-month lows Monday, adding to steep losses at the back end of last week on concerns...

North American drilling activity eased last week as producers look to rein in natural gas output in the face of tumbling prices...

Saudi Aramco has increased the Official Selling Price (OSP) for the flagship Arab Light crude loading in September...

Libya's 300,000 bpd Sharara oil field was said to be completely shut Monday after employees received orders...

Middle East crude prices slumped to yearly lows Monday as concerns over demand growth took hold, with the selloff dragging the products...