Crude Oil News

Nigeria's crude oil production rebounded slightly in June, but remained well below its own target agreed with OPEC after output was shut in...

ExxonMobil has submitted plans for the next round of exploration in its lucrative offshore Guyana acreage...

The US government is weighing up further restrictions on oil drilling in Alaska's vast National Petroleum Reserve...

Crude oil futures opened the week slightly lower as markets looked for fresh impetus, although latest data from China weighed...

Crude and oil product prices started the new week lower with China's faltering...

Australia's exports of liquified natural gas (LNG) eased in May amid struggles to bring new streams online...

Iraq has reaffirmed its commitment to OPEC and has vowed to make up for overproduction...

Open interest and trading volumes in low-sulphur gasoil contracts (LSGO) have hit a series of record highs this year...

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

Nigeria's NNPC has had its stake in the 650,000 bpd Dangote refinery reduced by almost two-thirds...

Kuwait has announced a major offshore oil and gas find that could yield more than 2 billion barrels of oil and...

South Korea's crude oil imports in June fell for the second successive month to a 10-month low of 10.19 million mt amid weak...

French oil product demand slumped in June, the latest industry data showed Monday, as fewer working days

China's crude oil throughput continued to slide last month as prolonged refinery outages and thin margins weighed on plant...

The speculative net length of Brent and WTI futures extended gains...

North American drilling activity resumed the year's downwards trend with small drop calculated in the latest report...

Brent futures inched higher Friday, but not enough to offset early-week losses, while LSGO...

Crude oil futures Friday were higher for a third consecutive session, as the price rebound helped to claw back most of the...

The UK's Department for Energy Security and Net Zero has denied reports it has banned the North Sea oil regulator

Middle East crude markets posted a first loss in five weeks, although a redound at the backend of the week limited losses to...