Crude Oil News

Crude futures slipped on Wednesday as US stocks climbed for a second week...

Higher energy prices over the past two years have significantly reduced the cost of achieving net zero, but the remaining...

Crude oil futures Wednesday were climbing higher as investors watched for further developments in the Israel/Hamas conflict...

US commercial crude oil stocks rose for a second straight week by the end of October as crude arrivals hit a one-month time...

India is shifting away from Russian crude and back towards Middle East suppliers, namely...

Asian crude prices Wednesday opened the new month lower with benchmark Dubai now back to levels prior to the 7 October Hamas attack...

Seasonal restocking gathered pace last week in Japan with sharp builds in gasoline, naphtha...

Sri Lanka is set to award a multi-billion dollar contract for Sinopec to construct the country's second oil refinery...

Production from the core OPEC members increased for a third consecutive month in October, as output discipline from GCC members of the group was offset by...

The number of vessels that can transit via the Panama Canal each day is to be restricted even further to just a trickle as ongoing drought...

US crude oil stocks posted a modest increase for the week ending 27 October, although this was offset by declines in refined products...

US crude oil production soared to a record high of over 13 million bpd in August, surpassing the previous peak...

Chinese demand for refined oil fuel products is expected to jump in the fourth quarter of this year, according to a top executive from...

Crude oil futures Tuesday were again drifting lower, extending the week's losses after slumping by around 3%...

Crude ticked higher on Tuesday as Middle East tensions ratcheted up again and a deal...

Marathon Petroleum expects its Galveston Bay refinery to reach full capacity by the end...

India will cut the export duty on diesel exports by half from November 1, while it will remove the levy on jet fuel entirely...

Turkey's crude oil imports jumped to a three-month high in September despite an ongoing dispute with the regional Kurdish government of neighbour Iraq that has crimped flows for much...

Poland's Orlen reported its worst results in six quarters on Tuesday as eastern Europe's...

The monthly average price for benchmark Middle East Dubai was lower in October versus September versus August, as initial gains...