Crude Oil News

Thailand's crude oil imports slumped by almost a quarter on the month in October to less than 1 million bpd for only the third time in the lasT...

Sri Lanka has given the go-ahead to a Sinopec plan to invest $4.5 billion to build a refinery in the country, the energy minister said Monday...

Crude throughputs at Mexico's ailing refineries collapsed to a three-year low last month...

Asian crude prices Monday were lower as East-of-Suez markets played catch up with Friday's late Brent retreat, while firming jet fuel prices...

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

Loading of Russian and Kazakh crude oil and products was halted over the weekend after severe storms battered the Black Sea and...

Money managers reduced net length on ICE Brent crude in the days before last week's OPEC+ meeting fell apart...

The US navy has thwarted an attempt by suspected Houthi militants looking to seize a second Israeli-linked ship off the coast of Yemen...

Environmental group Greenpeace has called for oil production cuts from Chinese energy companies to curb emissions as its new research accused...

The Chinese government has issued an additional batch of 3 million mt fuel oil import quotas to private companies in a rare move to boost...

Crude futures were up for the second straight session on Friday as Brent marked its first weekly gain in five...

Brent crude oil futures Friday were nudging higher, heading for slim weekly gains after...

Russian firms operating out the United Arab Emirates, primarily from Dubai, have come under tighter scrutiny from reginal banks as the US...

Crude oil processing rates fell for the second consecutive month in Octobe.

Asian crude oil markets rebounded strongly to register a first gain in five weeks, although the postponement of Sunday's OPEC+ meeting...

Asian crude oil markets closed slightly higher Friday to cement slim weekly gains, while the regrade continued to widen further into...

Brazil's Petrobras announced a new $102 billion five-year investment plan on Friday, up nearly a third from its previous target...

Oil markets remained in a state of flux Thursday after the huge volatility during the previous session when cracks emerged in the OPEC+ coalition...

rude futures recovered most of the previous session's sharp losses on Thursday as the implications of OPEC's falling

The oil and gas industry is facing a "moment of truth" over its role in efforts to transition toward cleaner energy and the biggest firms should...