Crude Oil News

A record 190,000 mt of Mexican high sulphur fuel oil (HSFO) is making its way to Europe this month...

South Bow received approval in early March from the US Pipeline and Hazardous Materials Safety Administration...

Brazil's crude output recovered to a four-month high in January to hit 3.5 million bpd as the South American country's offshore production...

The trading desk of the UAE's Adnoc made its debut in the Platts Dubai Market on Close (MOC) window on Thursday...

Dubai slumped to fresh three-year lows as the Middle East market played catch-up with Brent, while the selloff in marine fuel showed no...

Oil production from the 12 core OPEC members increased for the first time in three months during February led by gains in...

The Texas Railroad Commission has issued wildfire warnings for oil and gas producers and midstream operators...

President Donald Trump's plans to refill the Strategic Petroleum Reserve and do it "fast" barely..

Benchmark crude oil futures extended losses on Wednesday as swelling US crude inventories compounded expectations of increasing OPEC+...

US commercial crude oil inventories were back on an uptrend last week, adding well over 3.5 million barrels...

Crude oil futures continued to struggle with benchmarks left battered after OPEC+ production hikes and huge uncertainty...

The UK government has launched a consultation on the future of North Sea energy production, setting out plans to transition the basin...

The Czech Republic has released 330,000 mt of crude from strategic reserves after supplies were halted on the Druzhba pipeline...

South Sudanese security forces have detained Petroleum Minister Puot Kang Chol and senior military officials allied with First Vice...

Hong Kong-based CK Hutchinson has agreed to sell its controlling stakes in two key ports on the Panama Canal...

Indonesia plans to build a new 500,000 bpd refinery capable of processing both domestic and international crude grades...

Nigerian producer Seplat expects to more than double its oil and gas production this year after acquiring ExxonMobil's asse...

ExxonMobil's French subsidiary Esso is in the process of shutting its 240,000 bpd Gravenchon refinery...

Saudi Arabia's Aramco is weighing a deal for BP's lubricant business Castrol, according to a Bloomberg report Wednesday...

Middle East benchmark Dubai crude rebounded Wednesday, moving back above Brent, while margins for residual fuels continued to slump...