Crude Oil News

Brent crude futures held at around two-month highs Monday, while LSGO cracks softened on signs...

Crude oil futures Monday were climbing higher as benchmarks consolidated recent gains and challenged seven-week highs...

Mexico will struggle to see the startup of its long-delayed 340,000 bpd Olmeca refinery before the end of the year as technical and...

US West Coast refiners have ramped up purchases of heavy crude oil exported via Canada's Trans Mountain Expansion (TMX) pipeline, largely...

Poland's energy giant Orlen has acquired a 20% stake in the Atlantis oil and gas field on the Norwegian Continental

Iran has reduced Official Selling Prices for its flagship Iranian Light grade, broadly following the trend for lower...

Middle East oil crude markets opened the week marginally lower as priced eased back from Friday's monthly highs, while contango...

Petroineos has been forced to shut an unspecified unit at its 150,000 bpd refinery in Grangemouth...

North American drilling activity retreated to fresh 2.5-year lows with oil rigs again leading the losses...

Speculative net long positions on ICE Low Sulphur Gasoil futures surged last week amid a brighter demand outlook for the road fuel market...

Crude futures inched higher Friday to consolidate recent gains and close higher for the second straight week...

Crude futures in European hours Friday were marginally lower although oil benchmarks were heading for a second week of solid gains...

Ukraine has claimed a series of successful strikes on four Russian refineries as part of an overnight attack involving up to 100 drones on Russia...

Middle East crude markets posted a second week of firm gains as benchmark Dubai closed at the highest levels since late May, despite losing ground to Brent...

Benchmark Dubai posted fresh seven-week highs Friday, following the broader oil momentum, while repeated strikes on Russia refining...

HF Sinclair's Kansas refinery and Flint Hill's Texas plant both reported issues this week...

India's crude oil imports in May grew for the fourth consecutive month to hit a new record high in the...

Crude oil futures were higher Thursday as benchmarks extended the sharp rally that has lifted prices by around 11%...

Crude and product prices slipped Thursday, but held near recent highs, after a broadly bullish US stock report...

US commercial crude oil inventories dropped last week amid stable output while imports scaled back from the multi-year highs...