Crude Oil News

More than 61,000 bpd or around 3% of oil production in the US Gulf has been shut-in after a pipeline leak...

The restart of Iraq's northern oil pipeline that runs via Turkey has missed yet another deadline, with talks between the federal government and...

The oil and gas industry has a key role to play in the development of the carbon capture, utilisation and storage (CCUS), but...

Gasoline cracks in Asia touched a two-month high during trade on Thursday as a big drawdown in Asian stocks and weaker crude helped to...

Dubai's Department of Petroleum Affairs has set the Official Selling Price (OSP) for Dubai crude loading in February at a premium of...

Motiva and Valero are both expected to start major works at their Texas refineries in January 2024...

Asian crude oil markets closed lower Thursday after a hectic 24 hours led to wild swings after OPEC+ delayed this weekend's planned...

India's product exports eased on the month in October as seasonal refinery maintenance peaked, but were up on...

Crude was under pressure Wednesday as fractures appeared in the OPEC+ alliance...

Crude oil futures Wednesday were in sharp retreat, amid concerns that the fragile OPEC+ alliance may be splintering over disagreements on production cuts...

US commercially held crude oil stocks jumped to a four-month high by mid-November as imports climbed over 6.5 million bpd for the first time in two months, more than...

US gasoline restocking resumed last week as demand fell further from recent highs and net exports declined...

This weekend's planned OPEC+ meeting was thrown into disarray Wednesday, as policy disagreements emerged...

Petroineos is to close Scotland's only refinery within 18 months amid plans to convert the century-old Grangemouth...

Iran has again increased Official Selling Prices for its flagship Iranian Light grade...

At least seven oil producers in the US Gulf have been shut-in as cleanup operations and an investigation...

Benchmark Dubai crude moved higher for a third session Wednesday on growing expectations that OPEC+ will further trim output, while the rally...

Mexico's newest refinery, and President Obrador's flagship project, the Olmeca plant in...

US crude oil stocks posted a sharp increase for the week ending 17 November, while key refined products were lower...

Gasoline stocks in Japan during the week ending 18 November reversed lower as output slid for...