Crude Oil News

US energy major Chevron joined rival Exxon in beating estimates Friday on record fourth-quarter output...

Crude oil futures Friday were heading lower after initially consolidating at the weaker levels following the previous-session's slump...

US energy major ExxonMobil's fourth-quarter earnings came in higher than expected Friday on stronger-than-anticipated growth

Gasoline extended its premium over naphtha this week with supply seen tightening into the summer blending season...

Middle East crude retreated sharply during the second half of the week as economic headwinds and talk of a possible Middle East ceasefire...

Quantum Commodity Intelligence – Asian crude prices were lower Friday on reports...

BP was restarting its 435,000 bpd Whiting refinery in Indiana Friday after a power outage...

The number of oil tankers and LNG carriers transiting through the Red Sea declined sharply in December...

Crude oil futures slumped sharply in a late Thursday trading on reports that Israel was close to reaching a deal with Hamas...

Brent crude futures retreated for the second day with OPEC production back in focus, while diesel held...

Brazil's offshore crude oil production continued to hit fresh highs, with development of the country's deep water yield 111.1 million barrels...

Shipping disruptions on the Red Sea are exacerbating long-running trends in the oil refining and shipping businesses, with prices...

Oil product exports from the Russian ports of and Primorsk and Tuapse are set to decline sharply this month...

Asian crude prices were lower Thursday, although Dubai registered a relatively solid start to the month in gaining versus Brent, while east-west...

Production from core OPEC members dropped by more than 400,000 bpd in January as producers implemented the latest round of cuts...

Losses at Austria's OMV beleaguered chemicals division swelled to €77 million in the fourth quarter from €36 million...

Polish refiner Orlen's Chief Executive Daniel Obajtek was dismissed from his post by the company's supervisory board...

The average price for benchmark Middle East Dubai edged up in January, breaking a three-month losing streak...

The US produced an all-time high 13.31 million bpd in November, according to the latest monthly data...

Russian government intervention in the oil products market saw exports slump through January and deliveries to the domestic...