Crude Oil News

Beijing said it would ramp up strategic reserves of key commodities, including fuels and food, as trade tensions with the US heat up after the two countries...

Emergency services extinguished a major fire at Azerbaijan's Heydar Aliyev oil refinery on Wednesday...

The OPEC+ move to start unwinding cuts from April was driven by in-house wranglings over compliance rather than external political factors...

Kerosene inventories in Japan dropped further towards the tail end of February as the end of peak winter heating season saw local refiners...

US commercial crude stockpiles fell as did gasoline for the week ending February 28, according...

President Donald Trump may consider rolling back tariffs on selected goods from Canada and Mexico, according...

US Congress voted to do away with a fee put in place during the Biden Administration on methane emissions...

Enbridge sees demand for pipeline exit capacity for production out of the Permian Basin exceeding availability...

Benchmark crude oil futures were sharply lower on Tuesday as investors braced for returning OPEC+ barrels and escalating global trade...

Crude oil futures Tuesday extended losses after OPEC+ confirmed it would go ahead with output increases, sinking benchmarks to...

Ultra-low sulphur diesel (ULSD) loadings at Russia's main oil product terminals at Primorsk and Tuapse...

Canada's largest refiner, Irving Oil, hiked the price of nearly all its fuel heading to the US on Tuesday by 10%...

Enbridge has unveiled multi-billion-dollar projects to expand capacities of its liquids pipelines to prepare for ...

The US Treasury has set a one-month deadline for Chevron to suspend its operations in Venezuela, the department announced on Tuesday...

Crude oil output from core OPEC members ramped up to the highest level in more than a year, driven by gains from Iraq, Venezuela...

The world's largest energy company, Saudi Aramco, reported second consecutive decline in annual profits, although still banked in excess of...

Gasoline prices in the United States surged to six-month highs this week as investors braced for tariffs on Canada and Mexico, with import...

Middle East benchmark Dubai crude slumped to two-year lows Tuesday after OPEC+ confirmed it would proceed with output hikes, while...

Crude oil output in the Canadian province of Alberta slipped from December's all-time high to 4.19 million bpd in January...

Taiwan's diesel exports doubled in January despite lower crude throughput weighing on gasoline outflows, government data showed Tuesday...