Crude Oil News

OPEC's crude output in June eased slightly but the producer group continued to slightly overshoot against production targets...

Ecuador is pumping around 100,000 bpd or 20% below recent crude oil output levels, as flooding and landslides complicate the cleanup of...

Japanese oil refiner Idemitsu Kosan's Chiba refinery was hit by a fire on Tuesday, while Taiyo Oil shut operations at its Shikoku...

Middle East crude prices extended the strong upwards trend in place since early June, while strength in the distillate market persisted...

Adnoc's plans to expand its global trading operations have been endorsed by the Crown Prince of Abu Dhabi, including an expansion...

Crude oil futures opened the new month higher, extending the solid gains posted since the first week of June...

Crude and product futures were higher Monday on signs of firmer oil demand, outweighing reports of higher Russian exports...

Brazil's refined products exports dropped 25% last week to 378,000 bpd, led by a 30% drop in fuel oil loadings to 253,00 bpd amid slowing...

Turkey's crude oil imports were up 4% on the month in May as arrivals hit a five-month high, government figures showed Monday...

Oil product exports at the Russian Black Sea port of Tuapse are seen sharply higher this month...

Hurricane Beryl has intensified to a Category 4 storm as it barrels towards to Caribbean, said the US National Hurricane Center, making it one earliest...

North American drilling activity retreated to fresh 2.5-year lows with oil rigs leading the losses for a fourth week...

TotalEnergies was forced to shut a crude unit at its troubled Port Arthur refinery in Texas at the end...

Middle East crude markets opened the new month higher as Dubai consolidated at the top end of the two-month trading range, while middle...

Oil output in the Canadian province of Alberta fell sharply over the month in May, official data showed Monday...

Beijing has set up a new entity to explore deep oil and gas reserves that have the potential to reshape the...

A fire was extinguished at Kuwait Petroleum Corporation (KPC) 's massive Al Zour refinery on Saturday...

Money managers raised their speculative net long positions across crude, gasoil and gasoline futures last week as geopolitical tensions in the...

US crude production rose more than expected in April, EIA data showed Friday...

Crude and product futures were higher Friday, narrowly recording a third straight week of gains...