Crude Oil News

Crude and products were higher Monday with geopolitics back in focus, after the US carried out extensive air strikes on Yemen targeting Houthi rebel groups.

Gas pipeline projects that were completed last year added nearly 18 bcfpd of new capacity for the industry...

Quantum Commodity Intelligence - Crude oil futures opened the week higher to touch their highest level in a fortnight after the US...

A consortium including BP has been awarded six new licences to explore for natural gas in Israeli waters, marking the UK...

Ukraine used a domestically developed long-range missile to strike Russia's Tuapse refinery last week, marking a significant increase in...

Kazakhstan's crude oil production surged 15% in February to 1.79 million bpd, driven by increased output from Chevron's expanded Tengiz...

Goldman Sachs lowered its oil price forecasts through 2026, citing slowing US economic growth and increased OPEC+ output, reversing...

Middle East crude prices opened the week higher amid a spike in regional tensions, while marine fuel prices continued to come off further...

Crude throughput in China rose in the first two months of the year, recovering from a multi-month low in December as holiday demand and fresh export...

Speculative investors continued to unwind their bullish positions in the Brent crude futures market during the week ending 11 March as oversupply...

The US military launched airstrikes on a number of Houthi targets over the weekend, further destabilising the region and threatening...

The US rotary drilling activity held steady for the week of March 14, after it slipped the week prior...

Middle East crude prices were slightly higher over the week although benchmark Dubai continued to bump along the bottom of the post-Covid trading range...

Crude oil futures were higher on Friday and were on course to end the week flat as a quick end to war in Ukraine remained elusive, stemming...

Benchmark crude oil futures edged higher on Friday but posted the third consecutive week in decline as sustained market uncertainty dampened...

Middle East crude prices eased back to leave benchmark Dubai little changed on the week, while the selloff in middle distillate margins....

A Ukrainian drone strike set fire to a gasoline storage tank at Russia's Tuapse refinery overnight on 14 March, according to Krasnodar...

Malaysia's Petronas is evaluating the sale of its 50% stake in the La Amarga Chica shale oil project in Argentina's Vaca Muerta...

Benchmark crude oil futures drifted lower on Thursday as oversupply concerns intensified amid weakening demand and heightening trade...

Oil futures were drifting lower Thursday after the midweek rebound stalled as traders turned to broader economic and geopolitical drivers...