Crude Oil News

Norway's oil output continued to climb through March and pushed back above the 1.8 million bpd mark, while natural gas production...

US refiner Delek has started work on a gasoline-producing fluid catalytic converter (FCC) at its 73,000 bpd Big Spring refinery in Texas...

QatarEnergy has awarded its monthly Al Shaheen tender for June at the highest premiums in six months, with medium sour grades attracting interest...

rude oil futures Thursday were little changed as benchmarks consolidated at lower levels following the previous session's selloff...

Crude futures extended losses on Thursday as Middle East supply risk fades, while European diesel...

Kuwait has slightly increased its Official Selling Price (OSPs) for its main export grade loading in May...

Kazakhstan and Azerbaijan are in negotiations over the possible export of up to 5 million mt per year of crude via Baku to the Black Sea...

The UAE's flagship light sweet Murban crude has been setting the Middle East Dubai benchmark since the start of April, reflecting the global crunch on heavier barrels...

Middle East crude prices were sharply lower Thursday as Dubai caught up with Brent losses after Asian markets had closed Wednesday...

Russia's gasoline output was back to levels last seen in early March, before Ukrainian drone strikes crippled some domestic processing sites...

The US State Department is to reimpose sanctions on Venezuela's oil industry, after the government of President Nicolas Maduro failed to uphold commitments...

Crude oil futures Wednesday were sharply lower on hopes of a de-escalation in Middle East tensions which in turn was seen eroding the risk premium...

Crude futures were lower Wednesday as Middle East tensions waned and attention turned to another US stock build...

Petroineos will start unspecified routine maintenance at its 150,000 bpd refinery in Grangemouth from Thursday

Further releases of crude from the US Strategic Petroleum Reserve (SPR) have not been ruled out...

US gasoline stocks resumed their seasonal decline last week, driven lower by a sharp draw on the West Coast...

US commercial crude stocks hit their highest levels since June last week, with data from the Energy Information Administration...

US crude refiner Meridian Energy Group has announced that its refinery under construction in North Dakota will achieve the net-zero...

Deliveries of WTI Midland declined in the Platts MOC Dated Brent window during March, although the US flagship export grade remained the largest single grade...

The US State Department looks set to reimpose sanctions on Venezuela's oil industry Thursday, barring a last-minute deal, with both sides...