Crude Oil News

UK-listed energy major Shell has agreed to sell its refining and petrochemical complex in Singapore to CAPGC, a joint venture between...

Crude oil futures Tuesday were little changed, with investors waiting for further news on events surrounding the Gaza conflict...

Quantum Commodity Intelligence – Brent crude futures continued last week's sell-off Tuesday but lacked much direction with attention focused...

Shell confirmed Tuesday it has decided to sell its downstream South African assets...

Saudi Aramco remains upbeat on 2024 the oil demand outlook, following a solid year-on-year increase...

The battle between ExxonMobil and Chevron to take over the prized assets in Guyana currently held by Hess is likely to run into 2025...

BP's first quarter earnings slumped slightly more than 45% in the first quarter, the company said Tuesday...

Benchmark Dubai crude edged up Tuesday to break a five-session losing streak, while news of 14 million mt of fresh export quotas from...

Spanish road fuel and jet fuel deliveries at Exolum terminals were all seen sharply higher in April...

Adnoc has increased the OSPs for June-loading crude, with its flagship Murban grade set at...

India's fuel consumption continued to hit fresh highs through April, with diesel sales leading the way higher while gasoline and jet fuel...

Russia's oil refining capacity appeared to improve last week as repair works to damaged refinery sites made progress, with gasoline production...

Spain's crude oil imports in March were up almost 5% compared to last year at 4.9 million mt, with big volumes arriving from Brazil and the US...

The US has sufficient supplies in its  SPR to cope with any potential needs, despite the record sales in 2022 and a relatively slow buy-back program...

Crude oil futures opened the week higher, rebounding from seven-week lows amid fading hopes for a Middle Ease ceasefire deal...

Brazil's refined products output slumped to a 12-month low during March, with government figures published Friday showing the country...

Quantum Commodity Intelligence –...

North American drilling activity resumed the downwards trend with both oil and gas activity reduced...

A build in money managers' Brent long positioning last week left global crude markets appearing slightly more bullish, while a prolonged selloff...

Threats from Houthi militants to target commercial vessels in the eastern Mediterranean has put the shipping industry on high alert...