Crude Oil News

India ramped up crude imports last month even as refinery runs eased during maintenance and weaker margins...

China will cut its carbon emissions by the equivalent of 1% of its total 2023 emissions this year by controlling its coal...

A ramp-up in summer travel demand saw further growth in European flights at the end of May, according to Eurocontrol's latest network...

The International Monetary Fund (IMF) has raised its outlook for China's economic growth this year and 2025...

US energy major ConocoPhillips will acquire Marathon Oil, in a deal that values the Houston-based company at just above $22.5 billion...

The Caspian Pipeline Consortium (CPC) expects flows on its infrastructure running from Kazakhstan to the Black Sea to come in 7%...

East of Suez crude extended the week's solid gains Wednesday as prices rose for a third straight session, while the jet curve finally...

Shareholders of Hess Corporation have approved the company's proposed $53 billion takeover by Chevron, with the deal subject to a legal challenge...

Japan's oil product stocks rebounded last week after a steep build in naphtha inventories as demand for the petrochemical feedstock...

Crude oil futures Tuesday were climbing higher after benchmarks initially consolidated the 1% gains seen at the start of the week...

European markets reopened after the long weekend sharply higher Tuesday amid signs of improved...

Asian refiners could be slower to pick up run rates in the coming weeks after the current maintenance period, with persistently weak...

Production has been halted at the North Sea Buzzard oil field, potentially impacting overall flows and quality of the benchmark Forties grade...

Italian refined product deliveries picked up last month as travel demand firmed going into the Easter holidays

Nigeria's 650,000 bpd Dangote refinery will start exporting ultra-low sulphur diesel (ULSD) next month...

The 2023 Atlantic hurricane season will likely bring an above average number named storms, as US weather watchers factored in the likely impact of...

Texas-based Global Oil Terminals has been granted a waiver to continue importing asphalt from Venezuela after Washington...

East of Suez crude prices Thursday extended the week's firmer tone amid the broader recovery in global markets, while gasoil structure...

BP and Shell have agreed to sell their defunct Sapref refinery in South Africa to state-owned Central Energy Fund...

Iran has lifted Official Selling Prices for its flagship Iranian Light grade, broadly following the trend for higher June OSPs from regional suppliers...