Crude Oil News

US crude oil stocks were down for the first time since September as a draw from commercial inventories was led by higher refinery...

Heavy rain and snowfall in the Alps are set to lift Rhine water levels again over the weekend...

Tensions between Venezuela and its newly oil-rich neighbour have ratcheted higher after President Maduro...

Asian crude prices Wednesday resumed the downward slide after a brief respite in the previous session, with the move leaving...

The source of an oil spill in the US Gulf remains unsolved almost three weeks after a pipeline leak shut-in around 61,000 bpd of...

Naphtha led a decline in Japan's refined product stocks last week on firm demand for the petrochemical sector...

Saudi Arabia's trading entity has made a rare foray into the Platts Market-on-Close (MOC) North Sea crude window, purchasing a cargo of...

US crude oil stocks posted a modest build for the week ending 1 December, while refined products also increased to complete...

China's top economic planning body has lowered domestic fuel price ceilings for the fifth time in a row as...

Crude and product futures steadied on Tuesday after both Saudi Arabia and Russia moved to ease concerns...

The Nigerian National Petroleum Co. will change the methodology for the way it prices crude oil sales, switching from the current pricing...

Crude oil futures Tuesday were marginally higher after eventually finding support at lower levels in the wake of the three-day selloff...

Oil markets face an uncertain outlook for next year but will trend higher during 2024 with the expected Q1 surplus set to narrow...

The US State Department has warned it could reimpose sanctions on Venezuela as a border dispute with...

Saudi Aramco has cut Official Selling Prices (OSPs) on its flagship Arab Light crude for January-loading to Asia, the first reduction since...

Russia's Lukoil announced a strategic review of its Bulgarian business on Tuesday, including the possible...

Asian crude prices Tuesday steadied after slumping more than $6/b in the wake of the OPEC+ meeting, while...

Marathon Petroleum was forced into an emergency shutdown of an unspecified unit at its 363,000 bpd LA refinery...

The US Energy Information Administration (EIA) has revised upward its figures for oil shipments transiting through two crucial Middle East...

Low sulfur fuel oil futures (LSFO) in China traded lower for the third consecutive session on Tuesday after...