Crude Oil News

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...

East of Suez crude prices edged higher Friday to consolidate gains seen at the backend of the week, while a wave of buying interest...

Spain's refineries ramped up in May to meet increasingly higher domestic demand...

China's oil product exports continued to rise in June against the backdrop of peak summer demand season while crude imports were...

Russia and India have held high level talks with a few to cementing long-term crude sales to Asia's second largest crude importer...

OPEC and its allies reduced output during June although remained above its collective target...

Crude futures Thursday were pushing higher as US inflation data boosted the prospects for US interest rate cuts...

Crude and oil product prices were little changed Thursday as the IEA painted a more bearish view on oil demand...

Gasoline held in the ARA region led this week's decline in oil product stocks as exports ramped up

The IEA pitched a more bearish tone for oil demand growth on Thursday, highlighting a slowdown in second-quarter...

Petroineos said it was carrying out essential work at its 150,000 bpd oil refinery in Grangemouth Thursday...

Azerbaijan's crude oil output was up 4% in June from May's lows at 588,000 bpd, monthly energy ministry data released Thursday showed...

The US Department of Energy has tendered for another 4.5 million barrels of crude oil to replenish stocks in its Strategic Petroleum...

Asia crude rebounded from two-week lows Thursday following the broader oil price recovery, while the recent selloff in distillate cracks...

Vitol and South Korea's SK Energy have agreed a $50 million settlement with the California's Attorney General...

Crude and product futures rebounded Wednesday as the EIA revealed another solid US stock draw...

The Energy Information Administration (EIA) expects US crude oil production to grow steadily for the balance of 2024 and into 2025...

Crude oil futures Wednesday were higher as prices rebounded from two-week lows, underpinned by latest data from the EIA...