Crude Oil News

28 May 2024
Iran's nuclear capabilities have come under close scrutiny once again following a confidential report from the UN's nuclear watchdog...
27 May 2024
Crude oil futures Monday were climbing higher, as markets looked for fresh impetus...
27 May 2024
North American drilling activity extended the 2024 retreat as the sector lost another four units with gas leading the losses...
27 May 2024
India's April crude oil refining pulled back about 8% from March's record high through April as a series of scheduled turnarounds at the...
27 May 2024
Middle East oil crude markets opened the week marginally higher with markets catching up with the Brent gains after Asian had closed on...
27 May 2024
Iran said it is planning to increase oil production to 4 million bpd in the coming weeks, although details of additional output and timelines...
27 May 2024
Mexico's crude oil exports fell to fresh lows through April as the country's production increasingly stays at home to feed domestic...
27 May 2024
Japanese energy company Cosmo Oil has started to wind down operations of the No2 crude distillation unit (CDU) at its Chiba refinery...
27 May 2024
Two European banking giants have exited the market providing bonds that underwrite oil and gas deals...
27 May 2024
Japanese shipping line NYK Line has begun a biofuels test run on its crude oil tanker on 2 May, the firm announced Monday...
27 May 2024
Money managers continued to cut their bullish bets on crude oil futures last week against the backdrop of...
24 May 2024
Crude oil futures Friday were slightly higher despite testing fresh three-month lows...
24 May 2024
Crude futures were flat Friday in a thin session as attention remained on OPEC+ cuts and US interest rates, while...
24 May 2024
European seaborne crude imports tumbled to a two-year low in the first three weeks of May, according to ship tracking and analytics firm Vortexa...
24 May 2024
Thailand's crude oil imports pulled back through April as prices rose, with monthly customs data showed arrivals dropping 15% on the month...
24 May 2024
OPEC+ will hold its early-June ministerial meeting online rather than in person, while the date has also been pushed back...
24 May 2024
Benchmark Dubai crude slumped to two-month lows, although the medium sour marker continued to outpace Brent with heavier barrels...
24 May 2024
Japan's biggest oil refiner has started a three-month-long planned maintenance at two of its refineries this month, with nearly 300,000...
24 May 2024
Asian crude markets continued the week's downtrend Friday as prices slumped to two-month lows, while the gasoil outright price...
23 May 2024
Russia's April crude oil output exceeded its OPEC+ quota allocation, with the energy ministry citing "technical" reasons for missing its target...
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