Crude Oil News

Ukraine hit at least two more refineries this week, setting on fire a small plant near Moscow in the early hours of Friday...

rude oil futures were slightly higher Thursday, extending the recovery from the previous session's eight-week lows after US government data revealed...

Crude prices ticked higher Thursday on strong China data and growing expectations that OPEC+ will roll production...

A lobby group representing major oil companies has called for increased carbon taxes and the adoption of emissions trading systems...

Adnoc exported over 1.6 million bpd of its Muban crude in April, as the UAE energy giant stays on target to sell more of its flagship light sweet grade...

East of Suez oil prices rebounded strongly Thursday as US inventory data triggered a global recovery, while gasoil margins continued to...

Goldman Sachs no longer expects OPEC+ to announce a partial unwind of voluntary production cuts...

Refined oil product stocks in Japan rebounded sharply during the week ending 4 May as the supply...

Quantum Commodity Intelligence – China became an oil product net importer again in April as crude imports during the month...

Brent crude futures ended Wednesday's session higher for the first time this month, but stayed within touching...

Crude oil futures Wednesday were slightly higher as latest US inventory data reports revealed a mixed bag for crude and products...

US commercial crude oil inventories were down 1.4 million barrels last week as stocks pulled back from a one-year high touched the week...

Profits more than halved at US refiner HF Sinclair in the first quarter, the company said Wednesday..

The US EIA expects US crude oil production to grow steadily for the balance of 2024 and into 2025, although has slightly trimmed...

The Norwegian Ministry of Energy offered 37 new bocks in the Barents Sea and the Norwegian Sea Thursday...

East of Suez crude prices resumed their downward trend as the global oil slump continued Wednesday, while in the product market...

Canada's Suncor Energy reported record first quarter production at both its upstream and downstream businesses Wednesday...

Spanish refiner Cepsa has agreed to sell its oil business in Peru to Canadian firm PetroTal as part of a strategic shift to low-carbon...

US crude oil inventories posted an unexpected build for the week ending 3 May, while gasoline and distillate stockpiles were also up on the week...

The US is set to resume its Strategic Petroleum Reserve (SPR) buyback program after issuing a tender for October-delivery crude...