Crude Oil News

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

South Korea's crude oil imports edged lower last month as the ongoing maintenance season continued to put...

Nigeria's crude oil production fell for the second straight month in May, official data showed Monday...

Speculative positioning on the global crude oil market turned more upbeat last week as momentum partially shifted back toward...

French oil product deliveries slipped in May as diesel consumption dropped to an adjusted 10-year seasonal low, offsetting firmer gasoline...

China's crude oil throughput dropped further in May as the product supply overhang in the Asia Pacific region and a slow start of summer...

Crude oil futures Friday were little changed as benchmarks headed for solid weekly gains...

Crude and product prices were broadly flat Friday, although Brent still ended the week...

Three OPEC+ members that have been the among the most persistent overproducers this year have made pledges to rein in output...

Benchmark Dubai crude ended the week higher after a strong rebound lifted prices back above levels prior to the early-June OPEC+ meeting...

BP is planning a major turnaround soon at its 450,000 bpd Whiting refinery in Illinois, which has struggled since a six-week power outage...

Middle East crude prices were marginally higher in Friday's shortened session as benchmark Dubai moved back above Brent, while middle...

Crude futures inched higher Thursday, recouping some of the previous day's losses on a widely bearish EIA report...

Crude oil futures were slightly lower Thursday's session as the market continued to digest a bigger-than-expected build in US crude inventories...

The UK on Thursday announced a new round of sanctions aimed at Russian, targeting the so-called 'shadow fleet'...

Gasoline held in the ARA region surged 27% this week on the back of returning supply

he US Environmental Protection Agency (EPA) was hit by three lawsuits Thursday representing more than 30 industry bodies...

Standard Bank, Africa's largest lender by assets, is set to provide financing for the controversial East African Crude Oil Pipeline...

The UK Labour Party, which is odds-on to form a new government next month, said Thursday it would bring forward plans to ban new...

South Korean refiner Hyundai Oilbank has temporarily cut run rates at its 520,000 bpd Seosan refinery after a processing error...