Crude Oil News

Quantum Commodity Intelligence – Middle East oil prices rallied strongly after the latest wave of strikes against Houthi militants raised the geopolitical temperature in the region, driving...

Ongoing disruptions to maritime traffic in the Red Sea have had a major impact on international trade flows and are likely to...

Dubai's Department of Petroleum Affairs has set the Official Selling Price (OSP) for Dubai crude loading in April at parity...

Norway's oil and gas output set new records in December, official data showed Tuesday...

Tokyo-headquartered Idemitsu Kosan is on track to wind down crude oil refining activities at one of its main refineries in Japan and...

Quantum Commodity Intelligence – ICE Brent crude futures were testing 2024-highs Monday with supply risks in focus, outpacing most European...

Crude oil futures were pushing higher Monday, having initially opened the week...

Saudi Arabia's crude exports rose to a five-month high of 6.3 million bpd in November, even as the country's output slowed as part of a broader...

Quantum Commodity Intelligence – ExxonMobil has brought a suit against a group...

It could take weeks for oil and gas output in North Dakota to fully recover from an arctic storm that knocked out more than half its capacity last...

North American drilling activity was marginally higher, although the gains came in the gas sector with oil activity lower...

Quantum Commodity Intelligence – Middle East oil prices opened the week lower, with markets catching up with Brent losses after Asian markets had closed on Friday, which...

Traders hiked bullish bets on ICE Brent crude futures again last week, as an arctic storm in the US...

Operations have been suspended at Novatek's Ust-Luga oil terminal after a Ukrainian drone strike on Sunday, with a fire halting work for...

Protesters have allowed output to resume at Libya's Sharara oilfield, ending a sit-in at the 300,000 bpd field that has disrupted...

China's crude oil imports from its top supplier Russia grew for the second consecutive month in December while...

Marine fuel oil exports from bonded storage in China rebounded last month in spite of a quota shortage that...

Crude futures and product cracks were higher Friday, marking narrow gains for both on the week, against a backdrop...

Crude futures were lower following Friday's late sell-off, eroding the week's otherwise modest gains...

Middle East crude prices closed the week largely unchanged, as geopolitical tensions and Red Sea shipping delays...