Crude Oil News

Japan's largest crude refiner Eneos has halted operations of a crude distillation unit (CDU) with a capacity of 153,000 bpd at...

South Korea's crude oil imports continued their upward run in January as the country scrambled for supplies due to ongoing tensions in the...

Crude futures edged higher Thursday as the IEA hiked its supply forecast for 2024 but kept demand relatively flat...

Crude oil futures were little changed Thursday after initially extending the previous session's losses following the steep build in US crude stocks...

Refined products held in storage in the ARA region climbed across the board this week...

US independent PBF Energy reported a surprise fourth quarter loss on Thursday...

A fire was reported at ExxonMobil's Rotterdam refinery on Thursday, a few days after company began...

Norway's Equinor shut its 226,000 Mongstad refinery on Thursday because of a fire, local police have confirmed...

The IEA held its 2024 outlook for oil demand steady on Thursday while narrowly lifting its view on global supply...

Middle East oil prices dropped for the first time in more than a week after the...

Goldman Sachs has widened its 2024 outlook for spread differentials between benchmark crude grades, primarily as a result of...

Oman's Duqm Refinery has already reached its nameplate capacity of 230,000 bpd and could add a further 5%-10%...

Nigeria's Dangote oil refinery has sold its first-ever oil product cargo in a landmark move for...

Refined oil product stocks in Japan further retreated to the lowest level since last summer amid...

Brent crude futures fell Wednesday for the first time in more than a week as attention turned back to US supply...

Crude oil futures in European hours Wednesday were little changed after mixed inventory data from the API, while the latest US inflation report...

US crude inventories saw a 3% build last week to leave stocks at their highest levels since mid-December at 439.5 million barrels, weekly...

Shell has pulled out of a deal to build a petrochemical plant in Iraq, the company and industry officials confirmed Tuesday...

East of Suez oil prices were higher once again, rallying for a sixth consecutive session Wednesday as the upward trend remained firmly intact...

Kuwait has left its Official Selling Price (OSPs) unchanged for its main export grade loading in March, following...