Crude Oil News

A Ukrainian drone attack early Wednesday ignited a fire at the Kavkazskaya oil transhipment facility in Russia's Krasnodar region just hours...

Chinese gasoline exports dropped significantly last month as the surge in domestic road travel demand capped shipments to the international market...

Japan's crude oil imports fell sharply last month amid the start of the turnaround season, with refiners lowering their crude buying target months...

Goldman Sachs said the oil market remains fixated on downside pricing and low volatility and is underpricing the possibility of higher...

Jet fuel inventories in Japan dropped last week to the lowest level since spring 2012, despite increased refinery output, amid persistent...

US commercial crude stockpiles rose while that for fuels fell for the week ending March 14, according to...

Crude and product prices eased Tuesday as concerns over demand resurfaced, outweighing heightened geopolitical risk...

Crude oil futures rowed back Tuesday despite initially posting two-week highs, as the prospects of slower economic growth from the US...

Mexican tycoon Carlos Slim is in talks to provide financial backing for development projects at two key oil and natural gas fields in Mexico...

Partners for a project to transport crude oil from Hardisty, Alberta, to Patoka, Illinois and then to Energy Transfer's...

Kazakhstan's energy minister is to stand down according to local media reports, coming with the country embroiled in a row with fellow OPEC+...

Angola's crude oil output was steady last month at 1.05 million bpd, government data showed...

Saudi Arabia's crude exports inched lower in December as output remained static in line with OPEC+ output...

Wood Mackenzie expects global oil benchmark Brent prices to average $73/b this year, down $7/b...

Mexico's PMI has raised its so-called K factor used in its formulas to price nearly all its grades sold internationally...

Middle East crude prices posted two-week highs amid heightened geopolitical tensions, while the selloff in the Asian distillates market...

Venezuela's state-owned PDVSA will independently manage production and exports from its largest oil joint venture once...

The South Korean government said it will boost crude oil reserves to a new record high and raise road fuel stockpiles this year to hedge against supply...

Chevron has bought 15,380,000 of Hess Corp common stock at existing market prices in open market deals, the major said in a filing with the Securities and Exchange Commission (SEC)...

The National Hurricane Center (NHC) reported Monday a low-pressure weather system some 700 miles northeast of the northern Leeward Islands...