Crude Oil News

23 May 2024
Brazil's refined products fell 0.5% through April to a 14-month low of 2.08 million bpd, led by a drop in fuel oil production...
23 May 2024
Crude futures slipped again Thursday, down for the third straight session as chances of a US interest...
23 May 2024
Crude oil futures Thursday shed gains made earlier on Thursday to post its fourth straight bearish session and near...
23 May 2024
Asian crude markets extended the downtrend Thursday as trading resumed following the midweek break, with products generally...
23 May 2024
Earnings at Poland's Orlen fell 70% in the first quarter, the company announced Thursday...
23 May 2024
Brazil's Petrobras has officially scrapped plans to divest five domestic refineries as its new leadership shifts...
22 May 2024
Crude oil futures ended the cash market close at the lowest level in 10...
22 May 2024
Crude oil futures in European hours Wednesday were lower for a third session as the higher-for-longer mantra took hold...
22 May 2024
US commercially-held crude oil stocks rebounded last week, while inventories in Cushing hit their highest since last July despite...
22 May 2024
China's onshore crude inventories swelled by 33 million barrels over four consecutive weeks to 19 May...
22 May 2024
Japanese refinery runs slipped to a 10-month low last week as scheduled turnarounds throttled the amount of crude making its way into the...
22 May 2024
Reports of flaring at BP's Whiting refinery in Illinois has added to concerns over regional tightness...
22 May 2024
US crude oil inventories posted a build for the week ending 17 May, while gasoline stockpiles also increased...
22 May 2024
Norway's April crude oil output came in ahead of forecast, rising just under 1% from March...
22 May 2024
Abu Dhabi's Adnoc has agreed to acquire Galp's upstream assets in Mozambique...
21 May 2024
Crude prices eased Thursday as Fed officials dampened rate cut hopes, while LSGO cracks held near five-week highs on...
21 May 2024
US oil producer Hess said Tuesday it was facing three lawsuits over its proposed tie-up with Chevron, alleging insufficient disclosures...
21 May 2024
Crude oil futures in Tuesday were lower for a second session, as focus remained on macroeconomics and the US rate-cutting cycle...
21 May 2024
East of Suez crude prices retreated Tuesday although Dubai again fared better than Brent, while regional HSFO bullishness continues...
21 May 2024
Diesel margins in northwest Europe have rebounded from recent lows as closed arbs into the region...
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