Crude Oil News

India's February crude oil imports were 9% ahead of last year as the country's refining industry continues to expand to meet domestic...

Crude and product prices were higher Thursday with geopolitical tensions at the forefront, while OPEC+ released an updated compensation...

OPEC has issued a revised program for compensation cuts, broadening the number of OPEC+ countries subject to reduced output...

Canadian crude shipped to the US via pipeline jumped to an eight-month high in January, official data showed Thursday, notable as US President...

Middle East crude resumed the upward trend Thursday after faltering in the previous session, while distillate margins were firmer for...

China's crude oil refining capacity is expected to drop to around 900 million mt per year and stabilise there as more independent...

US President Donald Trump met with senior oil executives at the White House on Wednesday as industry leaders pushed for faster...

A North Dakota jury has ordered Greenpeace to pay $667 million in damages to Energy Transfer after ruling that the environmental group...

President Donald Trump's letter to Iran's Supreme Leader included a two-month deadline for a nuclear deal, according to the Axios website...

Chevron CEO Mike Wirth is pressing the US government for additional time to wind down operations in Venezuela, facing resistance...

The arrivals of Russian-origin crude oil cargoes in China last month fell sharply compared to a year ago as intensified Western sanctions forced...

The leaders of over a dozen top Canadian energy companies have asked the country's top political strata...

Crude and products were hovering at recent levels Wednesday as investors weighed a Ukraine-Russia truce...

America's largest state of Alaska will see growth in its crude oil production next year for the first time since...

Crude oil futures in Wednesday were little changed after Brent initially skidded towards the $70/b mark before rebounding...

US commercial crude oil inventories registered a third weekly gain, taking volumes to the highest since July 2024, despite a surge in...

California refineries processed slightly less foreign crude oil in the last quarter of 2024 than in Q3 though overall the US' third-largest...

Ecuador has resumed shipments of its flagship Oriente crude on the Trans-Ecuadorian pipeline (SOTE) after its state oil company...

Export flows of Iranian crude oil have continued despite the latest round of US sanctions as Tehran continues to attract more vessels to join...

Middle East crude prices eased back Wednesday amid the broader crude selloff, a move that helped the distillates market manage to...