Crude Oil News

East of Suez crude closed little changed for a second consecutive week, although the global crunch on sour crude...

Quantum Commodity Intelligence – Asian crude oil prices rebounded strongly Friday as benchmark Dubai hit a six-month high versus Brent, while gasoil cracks...

French road fuel demand jumped 10% from a year earlier last month, as more working days...

At least one Texas refinery was impacted by severe weather overnight, with Valero's McKee plant reporting an upset...

A fire has broken out at the 240,000 bpd Tuapse refinery in the Krasnodar Krai region on Russia's Black Sea coast after another apparent...

China's daily crude oil throughput in April fell for the first time in four months due to the ongoing refinery maintenance season, which is...

Crude prices ticked higher for a second day as supportive US inflation data followed on from Wednesday's stock draw...

Crude oil futures in Thursday were edging up after consolidating the previous-session's gains, as the latest US inflation report boosted sentiment...

East of Suez crude prices Thursday were marginally higher but soft refining margins this month have started to feed through into the...

QatarEnergy has awarded its monthly Al Shaheen tender for July, with premiums retreating from last month's six-month highs as poor refining margins...

The Dangote refinery is reportedly seeking up to 2 million barrels per month of WTI...

Environmental authorities in Mexico have ordered the state oil company Pemex to limit runs at its 315,000 bpd Tula refinery...

Vietnam's Binh Son Refining and Petrochemical (BSR) has secured financing for an upgrade and expansion plan at...

The Italian government has sold more than half its direct holding in oil company Eni for around €1.4 billion ($1.52 billion)...

The immediate threat from out-of-control wildfires against Canada's Fort McMurray oil hub have eased slightly with favorable winds and light rains...

Quantum Commodity Intelligence – South Korea's crude oil imports rebounded last month to nearly 11.96 million mt or 2.91 million bpd, up more than...

Crude oil futures Wednesday were slightly higher after sharp intraday swings, as US inflation figures and oil inventory draws offset the IEA's...

Quantum Commodity Intelligence – Crude and product prices inched higher Wednesday as US stock draws helped offset a bearish oil market report...

US gasoline stocks fell for the first time in three weeks, EIA data showed Wednesday...

Australian sales of refined petroleum products in March were 4% higher on the month at 5.2 billion litres as gasoline imports hit a record high...