Crude Oil News

Brent crude fell Friday to close the week at a fresh one-month low as concerns over oil demand continued, while product cracks continue to drop on broad oversupply....

Crude oil futures Friday were drifting lower as worries over the health of the global economy offset renewed concerns over lower...

Crude runs in EU-16 countries ramped up last month at the end of seasonal maintenance...

Two oil tankers collided in Southeast Asia Friday, sparking fires on both vessels in waters bordered by Malaysia, Singapore and Indonesia...

Middle East crude markets posted a second consecutive weekly loss, although a midweek bounce limited losses to...

New refineries and upgrades to existing plants helped propel diesel exports from the Middle East to record highs in June...

Quantum Commodity Intelligence – Middle East crude eased slightly Friday to end...

Chinese state-owned refiner Sinochem is said to have shut two oil refineries in eastern China as the company struggled to...

US presidential nominee Donald Trump has promised to immediately reverse policies designed to boost electric vehicle (EV) uptake...

Raging wildfires are threatening production from Canada's vast oil sands Friday, with dozens of fresh blazes...

Crude futures inched slightly higher on the day Thursday as a weak dollar helped offset concerns over oil demand....

Crude oil futures Thursday were little changed, although benchmarks came off from earlier highs amid concerns...

Kazakhstan continued to overproduce crude oil and natural gas condensates last month under the terms of its OPEC+ production commitments...

Ukraine has stopped allowing Russia's Lukoil to ship crude through its country to neighbouring Slovakia

Middle East crude rebounded from early-week losses Thursday in tandem with the global trend, while the selloff in gasoil also found some...

Crude oil imports in the Port of Rotterdam during the first half of 2024 hit their lowest level in a decade as Shell and ExxonMobil...

QatarEnergy has awarded its monthly Al Shaheen tender for September, with premiums rebounding as supplies of medium sour crude tighten...

Japan's oil product stocks continued to ease last week despite local refiners boosted their crude runs for the first time in...

Crude futures were higher Wednesday after another sharp US stock draw, while builds in both diesel and gasoline...

Crude oil futures Wednesday were climbing higher as benchmarks pulled away from the previous session's three month lows...