Crude Oil News

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...

Diesel and jet fuel held in the ARA region both hit their highest since last June this week amid soft inland demand...

Wednesday's EIA reading of US diesel demand below 3 million bpd was the lowest for any week in April for almost a quarter of a century...

Physical deliveries of low-sulphur gasoil (LSGO) futures in April rose to 2,710 lots at expiry on Thursday...

OPEC stuck to its bullish view on global oil demand Thursday while trimming its outlook on 2024 supply...

Motiva has been forced to close several units at the largest refinery in the US after adverse weather interrupted power supply...

Asia oil markets resumed Thursday after the midweek break, with crude prices largely steady, while gasoil margins continued to fall as...

A Trafigura-led consortium, Rhone Energies, has entered into exclusive negotiations to acquire ExxonMobil's 140,000 bpd Fos-Sur-Mer refinery...

BP will close at least two units for maintenance at its 94,000 bpd Lingen refinery in Germany next month

IImports of Russian crude oil by Indian refiners declined in March following stricter enforcement of the $60/b price ceiling and narrower discounts for the flagship Urals grade...

OPEC and its allies overshot their production target for a third consecutive month in March, with Iraq and Kazakhstan the primary...

Crude and European product prices were lower Wednesday the US stocks built across the board...

Crude oil futures Wednesday were slightly higher amid uncertainties about prospects for Middle East ceasefire talks, while solid fundamentals...

Japanese refined product inventories were on the rise last week, with weekly figures from the Petroleum Association of Japan (PAJ)...

US producer Occidental Petroleum expects to restart operations in the US Gulf of Mexico that were curtailed...

US crude oil stocks touched a one-year high over the past week as a build in commercial and government-owned stocks were helped by...