Crude Oil News

Crude fell Friday to pull Brent futures into a narrow loss for the week, while diesel cracks...

Crude oil futures Friday were sliding lower after a senior Fed official played down the prospects for an early rate cut...

Middle East crude oil prices ended little changed over the week, as ongoing tensions in the Middle East and Red Sea shipping disruptions...

A fire at a 580,000 bpd refinery operated by S-Oil in South Korea has been extinguished, according to local media reports...

Iraq has reopened the 150,000 bpd Baiji refinery a decade after it was forced to close when militants...

East of Suez crude markets eased slightly Friday but ended the week little changed, with that move helping to support distillate refining margins...

Crude oil futures Thursday were edging higher, as benchmarks moved to the upper reaches of the recent range...

Brent futures were back testing recent highs on Thursday as the latest US stock report showed a smaller-than-expected...

Scotland's Economy minister offered little hope Thursday the government would step in to save

Last week's build in US crude oil inventories fell short of market expectations, even as stocks topped a two-month high...

US gasoline stocks were flat last week as sharp draws in the Midwest and Gulf Coast...

Indian crude imports hit their highest level since May 2022 last month as strong domestic demand and a healthy export slate continuing to...

Gasoline held in the ARA region fell this week for the first time in a month, while diesel slipped back...

Dubai's has set the OSP for Dubai crude loading in May at parity...

Premiums for North Sea physical crude have rallied following delayed repair work that will restrict oil supplies to the UK Grangemouth refinery...

Spanish energy company Repsol said Thursday that it expected refining margins...

BP plans to restart its 440,000 bpd Whiting by the end of February and ramp up to full production by March...

EU-16 crude runs fell last month as seasonal maintenance kicked off, while output...

US crude oil stocks posted a higher-than-expected build for the week ending 16 February, in a delayed report...

East of Suez crude markets resumed the firm monthly trend Thursday with prices close to February highs, while gasoil cracks fell to fresh...