Crude Oil News

Crude oil futures Friday surrendered earlier gains having initially topped two-month highs, although geopolitical tensions and...

Energy major TotalEnergies has signed an agreement to sell its entire West of Shetland portfolio to the UK-based independent Prax Group...

The average price for Middle East Dubai crude was lower for the second consecutive month, although markets staged a strong recovery...

Benchmark Dubai closed out June at fresh two-month highs on broader risk-on sentiment, a move that dragged refined product flat prices...

Slower fuel oil and naphtha output led the way as Brazil's refined products output and crude throughput continued to trend downward...

A low-pressure weather system currently making its way across the Atlantic is set to be upgraded to Storm Beryl, the US National Hurricane...

Brazil's Petrobras has warned a strike at the government's environmental office could reduce...

Crude oil futures Thursday were higher as focus pivoted back to geopolitics, after investors shrugged off the latest...

Crude futures rebounded Thursday on rising geopolitical tensions and improved optimism..

Gasoline and naphtha held in the ARA region were both sharply higher this week as blending...

UK demand for gasoline, diesel and jet fuel reached its highest since 2019 in April, official data showed Thursday...

Iraq's crude oil exports rose almost 2% on the month in May, with it exported 104.3 million mt of crude oil through the month, equivalent to...

Indian oil refiner Bharat Petroleum (BPCL) will shut one of the crude distillation units at its Kochi refinery for...

East of Suez crude prices Thursday edged higher as the monthly trading cycle heads into expiry, while gasoil margins firmed to their highest...

The UK's largest union representing North Sea energy workers has received the backing of almost 200 oil and gas companies in its bid for the Labour party...

Italy's Eni has agreed to sell its upstream Alaska assets to US independent Hilcorp, the state-ran company announced Thursday...

Oil and gas executives operating in the southern oil-producing states of the US expect energy prices to end 2024 close to current levels...

A hedge fund operated by high-profile manager Pierre Andurand has stepped back from the oil market amid the uncertain outlook for crude price...

Crude oil futures Wednesday surrendered earlier gains after EIA data showed an unexpected rise in crude stocks...

Crude futures eased Wednesday as the EIA's weekly report revealed builds in US crude, gasoline and jet fuel...