Crude Oil News

Commercial stocks of refined oil products in China slumped to the lowest level in two months after...

Crude oil futures Thursday were sharply lower despite OPEC+ seemingly agreeing to deeper cuts next year for next year after reaching a last-minute deal...

Crude futures slumped in late trade on Thursday with the market seemingly unconvinced by the depth of production...

The average price for benchmark Middle East Dubai was lower in November for a second  month, although most of the losses were racked up...

OPEC+ reached a last-minute agreement Thursday to further reduce output from January, with Saudi Arabia maintaining its voluntary cut...

The Caspian Pipeline Consortium (CPC) resumed loadings at the Black Sea terminal of Novorossiysk on Thursday...

Asian crude prices Thursday were sharply up as prices raced to a three-week high ahead of the OPEC+ meeting, while the drop in marine fuel...

Operations are being restored at Imperial Oil's 120,000 bpd Sarnia refinery after a power outage...

Norway's Equinor has agreed to sell its Nigerian business, including its share in the Agbami oil field...

UK gasoline stocks rose to a six-month high in September as exports slowed and imports picked up and despite deliveries jumping to pre-Covid levels as they overtook...

Dwindling domestic demand and increased competition from more advanced competitors is bad news...

Crude futures were flat on Wednesday with OPEC+ talks still deadlocked on the eve of an important ministerial meeting...

Crude oil futures Wednesday were around 1% higher on the session amid choppy trading, with the deadline for a deal...

Negotiations to thrash out a compromise deal ahead of the crunch OPEC+ meeting continued throughout Wednesday, with analysts now expecting...

The Science Based Targets initiative (SBTi)is seeking experts to join an advisory group to help develop a specific standard...

Commercial crude oil stocks in the US rose despite crude oil imports slowing and crude refining picking up, blunting...

Fund Elliott Investment Management has taken a $1 billion stake in US oil producer and refiner Phillips 66 and is looking to take two board...

US gasoline stocks were overall higher last week as seasonal demand declined, but continued to tighten...

Loading delays on the Black Sea continued into a third day with high winds and big waves threatening to persist through the week...

Asian crude prices Wednesday were higher for a second session amid growing optimism that OPEC+ will find a compromise in time for...