Crude Oil News

Texas City officials lifted a shelter-in-place order Sunday after a chemical release at Marathon Petroleum's Galveston...

Bullish crude bets plummeted to new record lows last week, preceding a nominal recovery in oil prices on a broadly improved

Asian crude prices Monday were as little changed as markets consolidated gains from the second half of the previous week...

North American drilling activity posted an increase following four consecutive weeks of slim gains...

China's diesel production in November fell for the first time since July this year against the backdrop of falling crude runs in the country...

Brent crude futures ended the day down slightly but racked up a narrow weekly gain as oil demand sentiment improved, but...

Bad weather and engineering work have halted loading from Russia's two main export routes, likely bringing further disruption to a...

Azerbaijan's crude oil recovered slightly in November as a combined average of 609,000 bpd of crude and condensates were produced...

Middle East crude prices were marginally higher over the week but the rebound in flat prices disguised the underlying weakness in East-of-Suez markets...

Two of the world's biggest shipping companies have halted voyages through the Red Sea after another attack by Houthi forces, with the...

Crude oil futures in European trading hours Friday were little changed as Brent headed for slim weekly gains after registering...

Asian crude prices extend the gains seen at the back-end of the week although the spot market remained sluggish, while gasoline cracks ...

China's crude throughput continued to slide in November to reach the lowest point since Beijing first scrapped its strict Covid restrictions and...

Tensions between Venezuela and Guyana have eased after the countries' leaders...

Shell has agreed to sell its 37.5% share in Germany's troubled PCK Schwedt refinery to UK energy company Prax...

US environmental regulators have approved the restart of BP's Olympic Pipeline about a week after...

Brent crude futures were given a sharp boost Thursday by an improved outlook for 2024 oil demand...

Differentials for flagship medium sour grades loading in the Middle East during February have slumped to the lowest levels for three years...

Crude oil futures Thursday were sharply higher as benchmarks continued to pull away from this week's five-month lows..

Asian crude prices rebounded strongly Thursday after prices slumped to fresh five-month lows midweek, while...