Crude Oil News

US crude imports were up 3% in May to a nine-month high of 6.8 million bpd as higher Mexican, Saudi and Brazilian arrivals offset a drop...

Ecuador's OCP has restarted the country's second-largest pipeline a few weeks after it was forced to close...

This week's record-breaking Hurricane Beryl remained a powerful storm as it barreled into Jamaica Wednesday...

Oil futures Wednesday were edging higher following US data which revealed a sharp drop in crude stockpiles...

US commercial crude oil inventories posted unexpected eight-digit decline last week as net imports narrowed and refinery rates ticked up...

Socar has been forced to reduce diesel output at its 240,000 bpd STAR refinery in Turkey, according to local media reports...

Middle East oil crude markets were slightly lower with markets catching up with the Brent retreat, while the jet fuel east-west touched its...

The UAE's energy giant Adnoc is set to boost production from the giant offshore Zakum field with a further ramp up...

Russia's Black Sea crude and product terminal at Novorossiysk was operating as normal Wednesday...

US crude oil inventories posted an unexpectedly sharp draw for the week ending 28 June, while gasoline stocks were higher...

Oil production from the 12 core OPEC members increased during June with an increase from Nigeria offsetting a reduction...

Brazilian crude oil output edged higher through May as it recovered from 12-month lows touched during April, with a 4% rise taking output...

Japan's third-biggest oil refiner and petrochemical cracker Cosmo Oil has restarted the 102,000 bpd crude distillation unit at its...

Oil product stocks in Japan continued to fall last week as crude throughput plunged due to refinery outages and weak refining margins while...

Crude futures firmed again Tuesday on rising hopes over summer oil demand and tighter OPEC supply...

The record-breaking Category 5 Hurricane Beryl continues track across the Caribbean towards Mexico's southeast coastline...

Oil futures Tuesday were consolidating the early-week gains as benchmarks traded at around two-month highs before easing slightly...

Rising US gasoline inventories are weighing US gasoline prices, the EIA said Tuesday...

Brazil's domestic consumption of refined products slipped 3% on the month in May, pulling back from multi-month highs seen in April as...

ExxonMobil's French subsidiary has used a court ruling to remove blockades that threatened to disrupt operations at its Gravenchon refinery...