Crude Oil News

Gasoline maintained its strong start to 2024 as supply disruptions and logistical bottlenecks...

Middle East crude prices closed out the week at near two-month highs, as geopolitical tensions in the Middle East and hopes of an improving...

Thailand's December crude oil imports slipped 11% on the month, with customs data showing imports falling as contracted volumes fell...

Around 100 offshore drillers employed by Odfjell Technology working on Equinor's Mariner platform...

Benchmark Dubai crude hit fresh yearly highs Friday on the increased geopolitical risk and improving economic outlook, a move that did...

Crude throughput by China's biggest oil refiner Sinopec jumped in 2023 thanks to a surge in kerosene output as...

Russia plans to upgrade domestic refining capacity and boost production of gasoline and diesel by a combined 25% in the next four years...

Russia's crude output fell just under 1% on the year in 2023 to 530 million mt, with the drop attributed to Moscow following its quota...

Urals crude this week has been transferred onto a VLCC for the first time in six months, indicating Russian firms are looking to mitigate the risk...

Oil futures Thursday were comfortably higher for a second session as crude benchmarks extended the midweek rally...

Australian energy producer Santos is set to face delays to its troubled Barossa gas project in the Timor Sea...

Crude futures climbed above $81/b on Thursday, helped by bullish economic data from the US and China

US refiner Valero expects product markets to stay tight through the first quarter on heavy refinery maintenance...

Diesel/gasoil stocks in the ARA region fell for the second straight week on a slowdown...

K crude production rebounded in November but was still down sharply on the year...

Benchmark Dubai crude moved above $80/b Thursday for the first time this year, while gasoline cracks continued to rise as...

China's third-largest state-owned oil company CNOOC is looking to boost its crude output to a new record high in 2024 to match...

A former commodities trader is seeking $2.8 billion in damages against the UAE, alleging his company was the subject of a smear campaign...

A fire has hit Russia's biggest Black Sea oil refinery, knocking out production at the 240,000 bpd Tuapse site, the second major incident...

The Trans Mountain Expansion (TMX) pipeline will finally start loading crude for export in March or early April, a company official confirmed...