Crude Oil News

Middle East oil prices were higher for a third session Thursday as sentiment continued to improve, while gasoil cracks firmed further to...

Crude oil futures in were trading higher for a third session as the EIA said that US oil production...

European diesel and gasoline refining margins jumped over $1/b by the Wednesday close after US data showed a sharp...

US crude oil stocks built more than expected last week, with a 5.5-million-barrel rise in inventories taking stocks to a three-week high of 427.4...

India's gasoline demand rebounded 4% in January and LPG demand hit a record high, offsetting a seasonal drop in diesel consumption...

Rebounding demand from West Europe and Singapore lifted December exports of US crude to their highest levels in nine months, while...

Adnoc has reduced the Official Selling Prices (OSPs) for March-loading crude, with its flagship Murban grade set at...

TotalEnergies' Patrick Pouyanne sees global oil demand returning to its pre-Covid average of around 1.2 million bpd per year...

Middle East oil prices climbed higher for a second session Wednesday, while gasoil cracks continued to tick higher and touch a three-month high...

US crude production is expected to slow from record output at the turn of the year, the EIA said late Tuesday...

Australian oil and gas producers Woodside Petroleum and Santos have called off a proposed merger, just two months after plans were announced...

Middle distillate stocks in Japan continued to head in a downward trajectory as the draw of kerosene stocks extended...

US crude oil production growth is set slow dramatically in 2024 after another year of stellar growth in 2023...

US crude oil stocks posted a lower-than-expected build for the week ending 2 February, while the increase in gasoline inventories was largely offset...

Quantum Commodity Intelligence –Brent crude was higher Tuesday on renewed...

Crude oil futures were higher for a second session on Tuesday as markets comfortably consolidated early-week gains...

BP's Whiting refinery still shut after power loss, cause unknown

India will raise its domestic refinery capacity to around 9 million bpd by the end of the decade...

TotalEnergies has restarted all but one production unit at its 238,000 bpd refinery in Port Arthur refinery in Texas nearly...

BP will adopt a pragmatic approach to its investment decisions with regards to the energy transition...