Crude Oil News

Shell warned Monday it was expecting a big hit to fourth quarter earnings related to its struggling Singapore...

Libya has declared force majeure on crude oil supplies from 300,000 bpd El Sharara field...

Saudi Aramco has slashed Official Selling Prices (OSPs) on its flagship Arab Light crude for February loading to customers in Asia...

Crude futures rebounded on Friday as Middle East tensions returned, helping Brent record a marginal gain

Crude oil futures Friday were climbing higher as benchmarks continued to recover after the previous session's tumble...

The London-based Mandara Capital is winding down operations after almost 15 years of trading crude and refined products derivatives, according to trading sources...

Middle East crude prices started 2024 on a reasonably firm footing, posting modest increases after a volatile week with geopolitical gains...

Quantum Commodity Intelligence – Benchmark Dubai crude prices eased back Friday, while gasoline and diesel demand...

Gasoline stocks in the ARA region fell for the fifth straight week to its lowest level in more than two years..

rude oil futures Thursday were trading lower following another choppy sessions, as markets rowed back from earlier highs...

Losses on European products outpaced crude on Thursday after the latest US stock report showed a steep decline...

US crude oil inventories fell to their lowest levels since October as rising refinery throughput, slowing net imports and a slight drop in...

US gasoline stocks swelled by 10.9 million barrels last week – its most for any seven-day period since 1993...

Oil exports via Caspian Pipeline Consortium (CPC) infrastructure to the Black Sea were up 8% on the year despite a series of shutdowns, with 63.5...

Guyana is set to invite companies in the coming week to bid for project proposals to develop and monetize the country's natural...

Adnoc has reduced the Official Selling Prices (OSPs) for February-loading crude, with its flagship Murban grade set at...

All but one of Japan's oil terminals have restarted loadings after a deadly earthquake on 1 January...

Benchmark Dubai crude prices surged 3.5% Thursday, comfortably recovering the previous session's losses, while gasoline cracks continued...

US crude oil stocks posted a steeper-than-expected draw the week ending 29 December, while refined products registered sharp builds...

Crude Wednesday were sharply higher as reports that the latest wave of protests in Libya had shut-in production...