Crude Oil News

Indonesian oil refiner Pertamina said its 300,000 bpd crude distillation unit at the Balikpapan refinery has restarted on time after a...

Brent crude oil futures neared a three-month low at the start of the week as continued worries about sluggish Chinese demand...

Crude oil futures opened the week lower with concerns over demand growth overshadowing rising tensions...

Mexico's refined oil products output rebounded in June from May's lows even as downstream demand appeared to falter slightly, while...

Losses at Mexican oil firm Pemex hit an eye-watering $14 billion in the second quarter as big forex losses mounted, while overseas...

Permian Resources is to acquire more than $800 million in Permian assets from Occidental Energy...

Middle East crude opened the week lower with markets catching up with the Brent retreat after Asian markets had closed on Friday, while...

Crude oil exports from Iraq in June were up 3% from a year ago at more than 102.31 million barrels, equating to about...

The derivatives market for crude and road fuel saw another week of downward correction as investors exited their bets on a price rally last...

Crude oil futures Friday were in sharp retreat as a pre-weekend selloff left benchmarks sharply lower on the week...

Brent crude oil and ICE gasoil futures slipped again Friday and were set to close lower for a third straight week amid...

Thailand's crude oil imports slipped to a four-month low in June as refiners pulled back from the market amid a rally in crude prices...

Middle East crude markets posted a third consecutive weekly loss, as concerns over sluggish growth from China...

Middle East crude markets closed out the week on a firmer note having tested near-two-month lows midweek, while the recovery in middle...

Japanese refiner Eneos has shut the crude distillation unit (CDU) at its 129,000 bpd Chiba refinery due to a malfunction, the company...

European oil product refining margins were pressured across the barrel on Thursday as Brent crude oil futures flipped back...

Crude oil futures Thursday were little changed on the day, as a late rebound lifted benchmarks off earlier seven-week lows...

Supply and demand balances for US oil products are set to tighten in Q3 as a boost in European demand will limit its gasoline...

The two-year golden age of highly inflated oil refining margins in Europe has ended as trade flows have normalised...

Brazil's gasoline production hit a record high in June and combined with a boost in diesel yields to help push total refined oil product output...