Crude Oil News

Quantum Commodity Intelligence –...

Crude oil futures Monday were little changed, albeit off from earlier lows, as the recent upwards trend paused over concerns that a first US rate cut...

Brent futures edged higher Monday as the market weighed geopolitical risk with economic headwinds..

Chartering costs for the largest class of oil tankers have soared amid a demand surge for VLCCs, with the Red Sea...

Saudi Arabia's crude production edged higher in December but remained below its pledged target of 9 million bpd...

QatarEnergy has awarded its monthly Al Shaheen tender for April at slightly higher average premiums from the previous month...

Nigeria's crude oil output exceeded 1.4 million bpd last month for the first time in nearly three years...

East of Suez crude edged higher Monday as benchmark Dubai neared monthly highs, with oil product margins generally under downward...

Geopolitical risk positioning saw speculators build up bullish positions in the crude market to their highest level in nearly a year last week as...

Australia's LNG exports hit a record high of almost 10 billion cubic metres in December as winter heating demand in the northern...

North American drilling activity was marginally lower during the second full week of February but remains little changed since the start of 2024...

Crude oil futures in Friday were slightly higher amid escalating tensions on Israel's northern border, although this week's IEA report...

Quantum Commodity Intelligence – Brent crude futures inched higher Friday to a new three-month high by the London cash close as Middle East...

The restart of Iraq's northern oil pipeline that runs via Turkey will not happen "any time soon," according to a senior official from the Kurdistan...

East-of-Suez crude prices closed higher for a second week amid rising tensions in the Middle East and effective closure of the Red Sea to commercial shipping...

The viability of Eni's downstream business was under scrutiny Friday after the division swung to a fourth-quarter loss...

Dubai crude rebounded Friday to catch up with Brent losses after Asian markets had closed on Friday, while gasoil cracks continued to pull...

Petroineos has started routine maintenance work at its 150,000-bpd refinery in Grangemouth..

TotalEnergies has restarted its Port Arthur refinery nearly two weeks after a failed initial attempt to bring

Hundreds of workers at Marathon Petroleum's 140,000 bpd Detroit refinery will down tools...