Crude Oil News

Brent crude futures dropped to fresh six-week lows on Tuesday as oil demand concerns continue to dominate...

Russia has decided to reimpose a ban on gasoline exports from 1 August, Deputy PM Alexander Novak said Tuesday...

Morgan Stanley expects the oil market to return to a supply surplus next year on softer demand and both OPEC...

London-listed Energean has announced the Final Investment Decision (FID) for its Katlan oil and gas development located offshore Israel...

Asia crude markets retreated for a third straight session as benchmark Dubai sunk to six-week lows, while gasoline cracks continued to firm...

The owner of Nigeria's new mega refinery, Aliko Dangote, was set to meet with the national oil company NNPC...

China's state-owned energy giant Sinopec reported a sharp rise in gasoline and kerosene output in the first half of this year as...

The operator of Canada's Trans Mountain pipeline operator is set to refinance its huge debt pile ahead of the likely sale of the...

Norway's crude oil production through June was up 3% from May's maintenance-impacted lows at 1.74 million bpd, monthly data from the...

Crude oil futures Monday were trending lower, extending the two-weak losing streak amid...

Crude was sharply lower Monday as concerns over oil demand ramped up, while products received minimal support...

Portuguese refiner and producer Galp said Monday it was reassessing its decarbonisation targets given slow progress in its renewable...

Dubai's Department of Petroleum Affairs has set the Official Selling Price (OSP) for Dubai crude loading in October at a +$0.10/b premium...

Middle East oil crude markets opened the week lower with markets catching up with the Brent gains after Asia had closed on Friday...

Petroinoeos said Monday it had put out a fire at its 210,000 bpd Lavera refinery in the south of France...

Phillips 66 and TotalEnergies both reported flaring and maintenance work at their Texas refineries over the weekend...

Russa's export-led 240,000 bpd Tuapse refinery was damaged again in a major Ukrainian drone attack overnight...

China's imports of Iraqi crude oil in June jumped to the second-highest level this year, front running the same month last year by...

North American drilling activity nudged higher with an increase in gas rigs...

Investors boosted their bets on weaker energy prices last week, reversing the bullish trend since June, as global demand concerns were...