Crude Oil News

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...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed a fire at an oil well operated by state-owned NNPC...

Chevron has evacuated non-essential personnel from two of its Gulf of Mexico platforms with Storm Debby expected to hit the Florida coast Monday...

Texas-based Motiva Enterprises has restarted its troubled fluidic catalytic cracker (FCC) unit at the 640,000 bpd Port Arthur...

A raft of weak economic data coming out of China last week outweighed geopolitical risks in the Middle East, giving investors strong evidence to...

ExxonMobil reported a best-in-class second quarter results Friday as production soared after the Pioneer acquisition...

Crude prices collapsed Friday to end the week at fresh two-month lows as disappointing US data sparked fears over the state of the world's largest economy, added to a fading...

Crude oil shipments from Canada's Pacific Coast export terminal eased slightly in July, as the Trans Mountain Expansion (TMX) pipeline...

Chevron's CEO is confident the takeover of Hess will be approved without further complications despite delays into at least 2025...

Crude oil futures Friday were again in sharp retreat following a volatile pricing week as traders watched for developments in the Middle East...

Middle East crude markets posted a fourth consecutive weekly loss as concerns over demand growth outweighed rising tensions in the...

Middle East crude prices were lower Friday as markets quickly surrendered the previous session's gains, while big selling interest...

ExxonMobil is aiming to restart its Joliet refinery by the middle of August, as the company struggles to bring the 252,000 bpd plant back online...

Vitol has agreed to acquire Singapore-registered oil products and coal trader Noble Resources, the companies announced Friday...

Oil product stocks held in the ARA region fell for the fifth straight week to its lowest since February...