Crude Oil News

Early-month surveys published by Bloomberg and Reuters revealed that production from core OPEC members eased during April...

Asian oil prices were sharply lower as markets caught up with the Brent slump after Asian markets were closed Wednesday for the...

Indian crude throughput hit a record high in March, rising 2% on the year...

Abu Dhabi's Adnoc lifted its official production capacity to 4.85 million bpd Thursday and closer...

Crude oil futures Wednesday were sharply lower, as benchmarks extended the broader downwards trend of the past week after data...

Crude futures and European product prices slumped Wednesday with US crude and gasoline stocks seen higher...

US crude oil inventories continued to build last week, with another 1% gain recorded in weekly figures from the EIA as stock levels hit...

Ultra-low sulphur diesel (ULSD) loadings at the Russian Baltic port of Primorsk are seen higher on the month and year in May...

The first tanker to load crude shipped via Canada's (TMX) has been chartered for second-half May dates, while the pipeline has...

Asia commentary and pricing are suspended Wednesday due to the Singapore holiday...

Brazil's crude oil production slipped to a nine-month low during March as output in its offshore sector continued to slow from last year's...

US crude oil inventories posted a higher-than-expected build for the week ending 26 April, while gasoline and distillates registered declines...

The development of a global parallel trade in crude oil and refined products means G7-led sanctions on Russia's exports are not working...

Crude oil futures Tuesday were drifting lower as focus pivoted towards ceasefire talks in the Middle East, but the outcome on the latest round...

Crude and refined product prices inched lower Tuesday as the market struggled to find much direction...

S refiner Marathon Petroleum expects oil demand growth of between 1.2 and 2 million bpd over the next few years...

North American crude output rebounded strongly in February after winter Storm Heather knocked out production in a number of key basins at the start of the year...

Traders at ExxonMobil's Brussels office staged a walkout Tuesday in protest over plans to move the entire team to London...

Brazilian refined product demand edged 1% higher through March as rising gasoline sales offset a slowdown in the rest of the barrel...

Portuguese oil producer Galp said Tuesday it would need a partner to help develop its huge Namibian discovery and provide most of the...