Crude Oil News

Nigeria's crude oil output fell for the second straight month and further from January's highs

Middle East oil prices opened the week lower after Iran's retaliatory attack on Israel was largely thwarted, which helped further lift gasoline...

French road fuel demand was flat on the month in March but fell 8% on the year as the structural shift away from diesel...

Traders added both long and short Brent crude positions last week as prices held above $90/b...

North American drilling activity eased for a fourth consecutive week, with another slim downturn as Texas led the losses...

Goldman Sachs said that the short-term outlook for oil prices will be largely determined by events in the Middle East and Israel's response...

Crude oil futures Friday were trading higher higher, leaving benchmarks narrowly lower on the week as escalating Middle East tensions offset...

ICE Brent crude futures were $0.46/b up on the day to $90.44/b by the London cash close...

Independent commodity trader Gunvor is set to use windfall trading profits from the last two years to leverage into assets...

China could be considering a large second batch of oil product export quota as rising gasoline prices...

Operations have restarted on the Caspian Pipeline Consortium (CPC)'s Tengiz-Novorossiysk line after two days of maintenance, the company...

Trade in of heavy Canadian crude oil from the Pacific has picked up, coming ahead of exports starting via the Trans Mountain Expansion...

East-of-Suez crude oil largely flatlined over the week, as a renewed spike in geopolitical tensions were largely offset global inflationary concerns...

Middle East crude prices finished the week marginally lower on the day but holding at the top end of the 6-month trading range, while...

Abu Dhabi National Oil Company (Adnoc) recently eyed BP as a takeover target, according to news agency Reuters, in a move that highlights...

China's refined oil product export rose sharply last month against a backdrop of higher crude oil imports and ample export quotas, the...

Zefiro, a Miami-based company that plugs orphaned oil and gas wells and earns the methane reductions as carbon credits...

The IEA cut its 2024 oil demand forecast by 130,000 bpd on Friday after a weaker-than-expected first quarter, followed by another...

Brent futures snapped three straight sessions of losses on Thursday after OPEC delivered...

Crude oil futures Thursday were slightly lower as benchmarks eased from earlier highs with inflationary fears offsetting...