Crude Oil News

Crude oil futures in Tuesday were slightly higher amid choppy trading as markets watched for developments on US attempts to broker a ceasefire in Gaza...

Brent crude oil futures were back on the rise Tuesday, climbing over $83/b for the first time in a week, amid uncertainty over...

Banks and finance houses should not limit access to funds that could provide poorer nations with cheap energy that will help...

China National Offshore Oil Company (CNOOC) has announced a fresh offshore oil and gas discovery at Bohai Bay in northern China...

Russia will ban gasoline exports for six months effective 1 March, government officials announced Tuesday...

Quantum Commodity Intelligence –...

Australia's Woodside Energy expects LNG demand to increase more than 50% by 2023...

Chevron's planned takeover of the Hess Corporation could be at risk due to ownership rights of a lucrative stake in a Guyana...

Restocking of the US SPR is set to continue, with the Department of Energy announcing late Monday it is tendering...

Crude oil futures Monday were higher after overturning earlier losses, as markets again faced mixed price signals...

ICE gasoil futures rebounded at the start of the week on reports of a slowdown in US diesel exports to Europe, while Brent...

Tanker operators in and around the Red Sea remained on high alert after another oil carrier had a near miss over the weekend

Libyan oil and gas production returned to normal on Monday, the NOC said in a statement, following reports over the weekend that...

The US has sanctioned Russia's biggest tanker fleet operators as it looks to tighten enforcement of a range of measures aimed at restricting...

Phillips66 has restarted a coker at its 264,000 bpd Sweeney refinery after maintenance...

Goldman Sachs said Monday it sees only a modest risk premium despite an escalation in attacks on commercial shipping in the Red Sea...

Middle East oil prices opened the week lower with markets catching up with Brent losses after Asian markets had closed on Monday...

The long-awaited ramp up of Mexico's Olmeca refinery helped push domestic gasoline and diesel output

Bullish positioning in the crude oil market crept higher last week as funds increased speculative long bets on the WTI market...

North American drilling activity increased by a healthy five rigs last week to a seven-month high...