Crude Oil News

WTI Midland has cemented its position as a key component of the Dated Brent market, with more than 100 cargoes of the US export grade nominated...

QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums...

Quantum Commodity Intelligence – Azerbaijan's crude oil output continued to slide in February while exports also fell...

Fuel facilities in the Nizhny Novgorod and Oryol regions in Russia were on fire on Tuesday after...

The US confirmed its place as the world's top crude oil producer for a sixth successive year...

Crude oil prices were broadly flat Monday, while gasoline swaps firmed after two of France's largest refineries...

Crude oil futures in Monday were little changed following another session of choppy trading, although markets remained largely rangebound...

Saudi Aramco announced plans to boost its natural gas production by 60% by the end of this decade in a bid to wean the Kingdom off the direct burning of crude oil in its...

A fire shut units Monday at ExxonMobil's 240,000 bpd Port-Jérôme-Gravenchon refinery in northwest France...

Oil product stocks in EU-16 countries fell to a 15-month low in February, even with a small increase...,

An unspecified unit at TotalEnergies' 240,000 bpd Gonfreville refinery in Normandy was shut at the weekend...

OPEC+ missed its crude production target by around 300,000 bpd in February according the latest survey from...

Quantum Commodity Intelligence – Middle East oil prices opened the week lower with markets catching up with Brent losses after Asian markets had...

It could take another two weeks to bring BP's 440,000 bpd Whiting refinery back to full production after last...

Quantum Commodity Intelligence – Saudi Aramco is looking for more opportunities to invest in China as its CEO Amin Nasser said...

The world's largest energy company, Saudi Aramco, saw a steep drop in 2023 profits following lower oil prices, although capital expenditure is set to grow...

North American drilling activity dropped for the first time in three weeks, with Texas accounting for the sharp decrease...

Crude oil futures Friday were drifting lower, although mostly holding the gains seen during the back end of the week and maintaining the firmer tone...

Quantum Commodity Intelligence - Crude prices fell Friday and Brent futures ended the week lower than before OPEC+ decided to extend...

Citibank has raised its price forecast for Brent crude in the second quarter and the full-year of 2024, citing shipping disruptions in the Middle East...