Crude Oil News

Hurricane Beryl slammed into Mexico's Yucatan coastline earlier Friday as a Category 2bstorm, while a northerly shift in tracking models...

Middle East crude markets posted a fourth week of firm gains as benchmark Dubai closed at the highest level since late April...

China's independent refiner Hengyuan restarted a long residue catalytic cracking unit (LRCCU) at its 156,000 bpd refinery in...

Shell will take an impairment charge of up to $2 billion after selling its Singapore assets and pausing construction at its Rotterdam...

Benchmark Dubai posted fresh 10-week highs Friday to round off a month of solid gains, a move that weighed on gasoline cracks as they...

Gasoil cracks on both sides of the Suez held at firmer levels as a series of refinery outages continued to cripple run rates, while refineries increased jet fuel yields...

Canadian oil and gas producer Suncor Energy has shut in at least one of its oil sands platforms in Alberta...

Crude rebounded Thursday as attention turned to the US Gulf, where producers have started to evacuate offshore...

Crude oil futures in European hours Thursday were slightly lower as soft economic indicators offset any potential impact from Hurricane Beryl...

Sonatrach's planned Hassi Messaoud refinery in Algeria will start production by the end of 2027, local media reported Thursday...

Saudi Aramco has cut its Official Selling Price (OSP) for the flagship Arab Light crude loading in August for a second month but further hiked...

Market structure in the Asian high sulfur fuel oil market hit its highest levels since last August during trade on Thursday, with tight...

Middle East oil crude markets were marginally higher Thursday with benchmarks tracking sideways, while in the products market...

Beijing has asked state-owned oil majors to increase crude oil reserves for the next eight months as the sluggish demand recovery continued to..

Hurricane Beryl remained a powerful storm as it continued its path towards Mexico and while significant weakening is anticipated...

Spanish gasoline and jet deliveries at Exolum terminals hit fresh highs last month as the summer holiday...

Nigeria's 650,000 bpd Dangote refinery has issued another tender seeking US WTI crude for delivery in August and September...

A compressor tripped at Lyondell's Houston refinery on Wednesday, resulting flaring...

China and Kazakhstan want to boost bilateral oil and gas trade, with a Thursday statement from the two countries pledging to increase...

Crude and European product prices ended the day lower on Wednesday, but recovered from earlier losses...