Crude Oil News

The number of vessel operators shunning the Red Sea and costs associated with global shipping both continue to rise...

Shell has agreed to sell its onshore Nigerian subsidiary to a consortium of mainly local producers...

Scheduled refinery maintenance in China is expected to peak in the second quarter of this year as demand normally retreats...

Thailand's top oil refiner Thai Oil shut down its biggest crude refining unit on Tuesday for repairs due to...

Crude oil futures Monday were little changed from pre-weekend levels, with markets again torn between geopolitics along with the threat to shipping in the Red Sea, pitted against...

Quantum Commodity Intelligence – Crude dragged most product prices lower Monday, with cracks broadly flat on the day and support

QatarEnergy looks to have joined the growing list of energy shippers no longer transiting through the Red Sea, with the LNG giant pausing shipments after...

Africa's largest refinery has started production of diesel and jet fuel, owners of the 650,000 bpd Dangote plant...

An Arctic storm has slashed oil and gas production in North Dakota by around a fifth, the state's pipeline authority said Sunday, with...

OPEC+ crude production nudged higher in December with Nigeria, Iraq and Iran accounting for most of the the gains...

Port operations have been halted by high winds and big waves at the Russian port of Novorossiysk, holding up operations at...

Middle East oil prices opened the week lower with markets catching up with Brent losses after Asian markets had closed on Friday, ***...

TotalEnergies restarted unspecified units at its 240,000 bpd Gonfreville refinery in Normandy over the weekend...

One of two gasoline-producing units at Lukoil's Nizhny Novgorod refinery near Moscow is unable to restart...

Traders piled back into long crude positions last week as geopolitical risk in the Middle East stoked market volatility and added to moves at the...

North American drilling activity was marginally lower for a second week...

South Korea's crude oil imports in December jumped to the highest level in nine months after the government pledged...

Oil markets were on edge Friday after the US and UK responded to Houthi attacks in the Red Sea with military strikes overnight in Yemen

Middle East crude prices closed the week higher as Friday's rally, coming after strikes against Houthi targets in Yemen, tipped the market...

Crude oil futures in European trading hours Friday rallied sharply from the opening as US and UK forces launched multiple strikes against Houthi-controlled areas...