Crude Oil News

OPEC has reiterated its position that the timetable for the switch to cleaner fuels needs a radical rethink, contending the current net-zero...

Emergency services were called to a gas leak at Equinor's Hammersfest LNG plant on Tuesday...

Oman will continue to grow oil production in the coming years, as the Sultanate plans to auction offshore oil and gas blocks...

Crude oil futures Monday were drifting lower as benchmarks extended the pre-weekend selloff amid easing tensions...

Crude and product prices fell in European trade Monday with Middle East supply risks fading...

EU-16 crude runs fell over the month as spring maintenance season swung into gear, but less severe than the previous year...

Saudi Aramco is set to boost its portfolio of assets in China by taking a 10% stake in the privately-owned Hengli Petrochemical...

Middle East crude opened the week lower with markets catching up with the Brent slump after Asian markets had closed on Friday...

Oil production at Canada's vast oil sands in the Alberta province is under threat for a second consecutive year, as wildfires take hold...

Philliips66 reported planned flaring at its 139,000 bpd Wilmington refinery in California over the weekend...

North American drilling activity nudged higher last week for the first time in a month with oil leading the gains...

China's crude oil imports from Russia last month hit a record level, more than offsetting a sharp fall in...

Production has restarted at Russia's 120,000 bpd Orsk refinery in Russia around two weeks after its owners Forteinvest...

Oil producer Galp has made a significant oil discovery offshore in Namibia's Orange Basin, with the company saying it is hopeful the structure...

Speculative bullishness around the Brent and WTI crude contracts diverged last week as money managers were seen to continue piling into...

Quantum Commodity Intelligence – Crude and European product futures ended the day broadly flat and the week lower as early gains Friday...

Crude oil futures Friday were slightly lower as markets shrugged off Israel's strike against Iran, slumping around $4/b from the initial price surge...

East-of-Suez crude oil were lower over the week as markets gave back the gains posted during the first half April...

Middle East crude prices were marginally higher Friday as oil markets largely shrugged off Israel's retaliatory strike against Iran, while the wider...

Goldman Sachs nudged its outlook for Brent crude higher on Friday and said prices were likely