Crude Oil News

Crude oil futures Wednesday were slightly higher as Brent continued to circle around the $80/b mark, having initially eased...

Brent crude futures were up for the fourth straight session in European trade Tuesday...

Oil refiners in the US have asked the Biden Administration to reform the current Renewable Fuel Standard (RFS) and renewable fuel credit (RIN) program...

Another 5 million barrels of gasoline were added to US inventories last week as freezing temperatures forced millions of Americans to...

Commercial US crude inventories fell by 9.2 million barrels in the week to 19 January as Arctic storms shut in production in North Dakota...

The cost of shipping clean products across the Atlantic has more than doubled in the last week...

Canadian refiner Suncor has restarted unspecified units at its 85,000 bpd Sarnia refinery about a week after freezing weather...

Middle East eased slightly Wednesday, although oil markets were broadly on hold amid mixed pricing signals, while product cracks largely softened...

US crude oil stocks posted larger-than-expected decline for the week ending 19 January, although a large build in gasoline stocks offset...

Uganda is close to finalising a financing deal with a UAE investment group to develop a planned $4 billion refinery, according to press reports...

Shell will shut multiple unspecified units at its 404,000 bpd Pernis refinery at the end of January for up to three months...

EU-16 crude runs rebounded last month as refinery maintenance wound down, but remained below...

The surge in light crude production from the giant Permian basin has proved a major lift in the revival of the Dated Brent...

Middle distillate stocks in Japan further dropped in the week ending January 20 as...

Crude oil futures Tuesday were marginally higher, as broader economic concerns offset earlier gains after Brent initially consolidated...

Quantum Commodity Intelligence – Brent crude futures were up for the fourth straight session in European...

Russia's energy export revenues fell 8% on the month in December to a five-month low of €58 million per day as crude prices fell through...

The quality of crude oil produced in Texas last year was relatively denser as the state reached record levels of output, with the changing slate...

Rising crude oil prices have compounded oversupply problems in the Asian high sulfur fuel oil market, with refiners' theoretical margins...

TotalEnergies has begun startup activities at its 238,000 bpd Port Arthur refinery in Texas, after freezing temperatures...