Crude Oil News

US commercial crude oil inventories unexpectedly increased last week as refinery throughputs eased for a second week...

Italy's Prime Minister Giorgia Meloni said Wednesday the government should work to fix the upcoming EU ban on the sale of new internal...

US gasoline inventories rebounded last week as implied demand fell back below 9 million bpd, while output swelled even as refinery runs...

ExxonMobil's French subsidiary Esso is in the process of restarting an unspecified unit at its 140,000 bpd Fos-sur-Mer refinery...

East of Suez crude prices Wednesday were lower, tracking the Brent losses in the previous 24 hours, a move that was enough to push middle...

ExxonMobil has warned it may be forced to shut its 200,000 bpd Gravenchon oil refinery on the French Atlantic coast...

US crude oil inventories posted an unexpected build for the week ending 21 June, while gasoline stocks were also higher...

Russia's Lukoil has restarted a crude-distillation unit (CDU) at its 300,000 bpd Norsi refinery in Nizhny...

Egypt has started importing fuel oil to boost power generation and avoid rolling blackouts that have plagued the country...

Refined oil product stocks in Japan retreated last week as stronger demand ahead of the peak summer season outweighed domestic output...

The government of Trinidad & Tobago is in talks with several interested parties to restart the Pointe-a-Pierre oil refinery which has been mothballed...

Crude futures slipped Tuesday but remained close to recent highs as geopolitical tensions weighed up against returning...

Crude oil futures Tuesday were easing back from earlier highs, although benchmarks have largely consolidated at the top end of the two-month trading range.....

EU-16 crude runs fell over the month in May as seasonal maintenance dragged on, while output shifted towards gasoline at the start of...

European gasoline exports to West Africa are set to shrink to levels not seen since the Covid pandemic...

Middle East oil crude markets were higher as benchmark Dubai moved above $85/b for the first time since late May, while distillate margins...

Dubai's Department of Petroleum Affairs has set the Official Selling Price (OSP) for Dubai crude loading in September at parity to the average settlement of...

Mexico's Pemex hiked crude oil exports last month after dropping to historical lows in March and April...

Bullishness on the WTI crude futures contract pulled back last week as some of the exuberance that came with the crude market rally...

Japan's oil refining major Idemitsu Kosan has shut the 150,000 bpd crude distillation unit at its Hokkaido refinery for scheduled maintenance...