Crude Oil News

US gasoline stocks drained for the sixth straight week, EIA data showed Wednesday, as exports hit nearly 1 million bpd...

GOI Energy's newly-acquired ISAB refinery in Sicily will close the smaller of two crude units next month...

Russia's President Putin said Wednesday he was prepared to use nuclear weapons if the Russian

Quantum Commodity Intelligence – East-of-Suez crude oil prices eased back Wednesday in tandem with global markers, while gasoil cracks

The Energy Information Administration (EIA) has lifted its price forecast for this year and next after OPEC+ extended output cuts into Q2...

US crude oil inventories posted a sharp drop for the week ending 8 March, while refined product stocks continued to decline...

OPEC added to its war of words with the West's energy watchdog the IEA on Wednesday...

An oil refinery in Russia's Ryazan region southeast of Moscow caught fire after a drone strike...

Quantum Commodity Intelligence – Stocks of refined oil products in Japan dropped for the second consecutive week as local refiners curbed...

Crude oil futures Tuesday were were little changed as benchmarks continued to trade within the month's relatively tight range, while the latest robust forecast from...

Crude futures traded largely sideways again on Tuesday as the market shrugged...

Spain's refineries ran more crude than at any point in the last 18 months in January, official Cores...

Germany energy company Uniper and energy firm Phillips 66 announced plans to build a green electrolyser near the Humber Refinery in the northeast of England to lower...

OPEC has stuck with its upbeat outlook on 2024 demand, seeing growth at more than 2 million bpd...

Maintenance work at Europe's largest refinery is still only half-way complete nearly two months into a full turnaround...

Drone strikes have shut at least one unit at Lukoil's 300,000 bpd Norsi refinery in Nizhny Novgorod...

East-of-Suez oil prices were higher as Tuesday as benchmark Dubai led the gains, pulling up prices for diesel and gasoline...

Goldman Sachs has recommended its clients go long diesel margins, seeing a constrained refining system...

Kuwait has slightly increased its OSPs for its main export grade loading in April...

A fire Monday at ExxonMobil's 240,000 bpd Port-Jérôme-Gravenchon refinery started at a gasoline distillation unit...