Crude Oil News

Protestors in southern Libya have reportedly shut in one of the country's largest oilfields on Wednesday as they demand...

The US Department of Energy (DOE) has tendered for a total of 3 million barrels of crude oil as part of its Strategic Petroleum Reserve (SPR)...

Investment bank UBS remains broadly supportive on oil prices in the coming year, but expects US natural gas prices to languish...

India's oil minister has played down reports that Russian oil imports have dipped due to problems with payments linked to sanctions and the...

Benchmark Dubai crude prices tumbled more than 3.5% Wednesday to match the selloff in Brent futures over the previous 24 hours, while...

Saudi Aramco and China's Rongsheng Petrochemical are considering deeper cooperation as the two companies signed...

Crude oil futures Tuesday were lower as markets surrendered earlier gains despite 2024 starting with further turmoil...

Crude oil prices were on course for a loss in the first trading session of the new year, with the market giving back gains seen earlier in...

The average price for benchmark Middle East Dubai was lower in December for a third straight month...

Six vessels carrying Russian far eastern Sokol crude have been unable to discharge in India following the clampdown on vessel owners...

Brazil's crude exports hit a seven-month high in November at 1.97 million bpd and were the second-highest monthly average on record...

Quantum Commodity Intelligence – Asia crude prices started the new year on a positive note Tuesday with ongoing tensions around the Red Sea underpinning sentiment, which...

North American drilling activity posted the first increase in three weeks, according to the final report of 2023...

Beijing has issued the crude oil import quotas for the new year totalling 179.01 million mt, according to...

Crude oil futures Friday were slightly higher but benchmarks remained in negative territory for the week...

Crude prices tracked sideways and distillates were under pressure in a shortened trading day in Europe at the end of the year, with the market...

Russia's oil output has fallen around 2.2% year-on-year to approximately 523 million mt in 2023 as OPEC+ quotas saw the country scale...

Turkey's crude oil imports edged higher in November, with monthly customs data published Friday showing volumes rising 1% through...

Asia crude oil prices continued to ease back from this four-week highs, while oil product prices also fell amid thin activity during..

Beijing has issued the first batch of oil product export quotas for 2024 to domestic refiners, according to local...