Crude Oil News

Argentinian authorities have shutdown its main crude exporting terminal in the Atlantic to investigate...

Middle East crude prices strengthened for a second Friday as benchmark Dubai posted the second highest print of 2024...

Brazil's state-ran Petrobras has formally restarted its upgrade of the Refinaria Abreu e Lima (RNEST) refinery...

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

Crude futures and product cracks were higher Thursday as the EIA's weekly stock report surprised to the upside...

Another 3 million barrels of gasoline were added to US inventories last week...

Saudi Tadawul has bought a stake in the Dubai Mercantile Exchange (DME), with the Saudi exchange set to take a 32.6% stake in...

US commercial crude stocks fell 2.5 million barrels last week to a three-month low as refinery throughput ratcheted back up and net...

Italy's government is considering divesting part of its stake in ENI in a bid to raise...

Oil output in the northern US state of North Dakota has rebounded slightly as extreme cold weather recedes

The International Energy Agency (IEA) raised its 2024 forecast for global oil demand by another 180,000 bpd on Thursday...

Asia crude prices rebounded Thursday after the upbeat midweek report from OPEC which sees demand growth intact, while oil product trades...

Crude oil futures Thursday ended European trade higher after the EIA's weekly stock report came in better than expected...

QatarEnergy has awarded its monthly Al Shaheen tender for March at positive premiums...

US crude oil stocks posted a modest build for the week ending 12 January, while refined products also increased...

International energy major BP and China's largest oil refiner Sinopec have agreed to work together on energy transition while...

China's diesel export in December 2023 fell sharply to its six-month low amid a wider retreat of oil product exports during...

Crude oil futures Wednesday were sliding lower, with economic woes and a slower pace of rate cuts getting the better of shipping turmoil...

Crude futures and European product cracks fell on Wednesday, as geopolitical risk took a backseat...

An explosion and fire were reported at Phillips 66's Bayway refinery in New Jersey this week...