Crude Oil News

Crude oil futures Monday were under further downwards pressure after last week's fresh round of OPEC+ cuts did little to address...

Crude futures slumped 4% on Monday and with it any remnants of support from last week's OPEC+ cuts...

Brazil's crude exports and production pulled back from recent record highs in October...

The US will take advantage of recent lower oil prices and step up the buying program to replenish its SPR...

TotalEnergies reported flaring at its 240,000 bpd Gonfreville refinery in Normandy at the weekend...

Brazil will not be joining the OPEC oil producers' alliance under the presidency of Lula da Silva...

Asian crude prices Monday were sharply lower as global oil markets continued to tumble following the OPEC+ meeting, with the price drop...

North American drilling activity nudged higher for a third consecutive week although the gains were again modest...

Money managers reduced some of the bearish positioning built up ahead of last week's chaotic OPEC+ meeting...

Kuwait's Al-Zour refinery is now fully operational after a third and final CDU was brought online over the weekend...

China's state-owned oil and gas producer PetroChina has discovered a new oil reserve in the western part of the country...

US environmental regulators on Saturday said they would pass new measures...

Crude recovered some lost ground on Friday but ended the week lower as OPEC+ production cuts...

Asian crude prices Friday were sharply lower after global oil markets slumped following the OPEC+ meeting, while the start of a new month...

Crude oil futures Friday were drifting lower as markets tested lower levels after the fallout from the...

An end-week selloff saw Asian crude prices decline for a fifth week out of the last six, as the latest round of OPEC+ cuts...

otalEnergies has agreed to sell its 36.36% minority stake in the South African Natref refinery to UK energy firm Prax...

US production of crude and NGLs came in at just shy of 20 million bpd in September, the latest EIA monthly

The US Department of Energy (DOE) has booked 2.73 million barrels of crude oil via a tender that closed last month, securing further stocks...

OPEC+ members have declared voluntary cuts following Thursday's meeting, with additional reductions totaling around 900,000 bpd...