Crude Oil News

Crude oil futures Wednesday were edging higher as benchmarks looked for a support floor after sustaining heavy losses of up to 6%...

Crude ended the day slightly lower but capped earlier losses after US crude and product inventories rose less than expected Wednesday..

ExxonMobil has begun shutdown procedures at its Gravenchon petrochemical site on France's Atlantic coast...

US crude oil inventories recovered from last week's lows as data from the Energy Information Administration (EIA) showed commercial...

A decision to redevelop the Buchan oil field in the North Sea has been delayed until next month's UK general election...

Gasoline prices in Singapore continued to unwind their recent slump during Wednesday's session, with weak crude oil prices undoing the...

Diesel's bearish run continued this week with no signs of a hoped-for slowdown in arrivals as tighter Russian supply has been offset by...

East of Suez crude prices steadied Wednesday after slumping 5% early in the week after OPEC+ announced it would start unwinding cuts...

The US government could accelerate its program to replenish the SSPR with maintenance at key storage facilities set to be completed...

Finland's Neste has ended a major turnaround at its Porvoo refinery, shut in April for scheduled works...

US crude oil inventories posted an unexpected build for the week ending 31 May, while stockpiles of gasoline and distillates were also higher...

Japan's oil product stocks rose for the second successive week to the highest point in four months as weak...

Production from core OPEC members increased during May despite the producer group trying to get to grips with overall output and clamp...

Crude oil futures Tuesday were again under pressure following the 3.5% retreat in the previous session after OPEC+ published plans...

Quantum Commodity Intelligence – Crude's sell-off continued Tuesday as soft US data added to the bearish tone following the decision by...

nions in Nigeria have suspended plans for a nationwide strike to allow more time for talks...

Poland's state-owned oil and gas company PGNiG has bought a 19.2% stake in two North Sea...

HSFO margins in Asia touched their highest level in 10 months relative to Brent crude during trade on Tuesday, with a series of supply...

Socar will shut Azerbaijan's only refinery for a month of maintenance in November, the company said Tuesday...

Outages impacting Norway's natural gas exports were extended Tuesday as a damaged pipeline...