Crude Oil News

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...

Crude oil futures in were drifting lower Friday, extending the week's sharp losses with benchmarks down by around 6%...

Crude and European product prices broadly held at recent lows Friday, marking sharp losses on the week...

OPEC has published plans for Iraq and Kazakhstan to compensate for overproduction during the first quarter...

A Glencore backed group that includes Indonesian chemical business PT Chandra is in advanced talks to buy Shell's assets in Singapore,

US energy firm ConocoPhillips increased total oil and gas output to 1.9 million boepd in Q1, up 2%...

US crude oil exports pulled back from February's 12-month high, dropping around 8% on the month to average 4.3 million bpd as...

Asian oil markets extended the week's sharp decline as Dubai tumbled to fresh seven-week lows, while middle distillate outright slipped...

East of Suez crude prices tumbled sharply to register the steepest weekly loss of the year to date, as the downturn in global sentiment rocked...

Russia's gas giant Gazprom swung to a massive $7 billion loss last year, its biggest in at least a quarter of a century...

UAE energy giant Adnoc has reaffirmed plans to boost exports of Murban crude this year, as it expands its crude flexibility project...

Crude oil futures were little changed as benchmarks failed to hold earlier gains despite initially recovering Thursday...

Crude prices fell for the fourth straight session Thursday as pressure from the previous session carried over and...

Quantum Commodity Intelligence – ExxonMobil's $60 billion acquisition of Pioneer Natural Resources will go ahead, but Pioneer's CEO Scott Sheffield...

A strong performance from Shell's massive natural gas unit and a return to profit downstream...

Deliveries of physical crude in the Platts Market-on-Close (MOC) Dated Brent window set a new record in April, while underlying volumes...

Oil output in the Canadian province of Alberta climbed back above 4 million bpd in March, official data showed Thursday...