Crude Oil News

Crude oil futures Wednesday were surging higher as markets initially steadied after dipping to two-week lows in the previous session...

Crude edged higher on Wednesday and pressured diesel cracks for the third straight session...

US gasoline stocks were largely unchanged last week versus expectations of a draw...

US crude oil inventories saw a slim build last week as net import figures showed a pickup in overseas barrels landing, while domestic...

Thailand's crude oil and natural gas condensate imports rebounded in September as importers took advantage of a summer lull in global...

Some of the world's leading car manufacturers have scaled back plans to boost production of electric vehicles...

Asian crude markets Wednesday were lower for a third session as oil prices broadly remained under pressure, although that was not enough...

Japan's product stocks slipped from recent highs led by a sharp drop in diesel and jet...

US crude oil stocks posted an unexpected drop for the week ending 20 October while refined products also declined...

Crude oil futures Tuesday were sliding lower and while the Middle East conflict continued to dominate market sentiment with diplomacy...

Crude continued its slide on Tuesday as diplomatic efforts to ease tensions in the Middle East...

Big acquisitions by ExxonMobil and Chevron this week illustrate the long-term importance and health of the oil industry as well as the role...

Iraq has unveiled plans to cut greenhouse gas emissions associated with gas flaring, which it said will be the…

Iran has again increased Official Selling Prices for its flagship Iranian Light grade, as Tehran's crude exports...

Pakistan's national carrier was forced to cancel nearly all its flights on Sunday after the state...

ExxonMobil has begun work on unspecified units at its 270,000 bpd Fawley refinery in the south...

Asian crude prices Tuesday were lower for a second session as East of Suez markets played catch up with Western benchmarks, although...

The EIA sees a limited impact to Venezuela's oil output from the relaxation of sanctions...

Nigeria's oil output reached its highest since the start of 2022 last month as loadings fully...

The International Energy Agency has reiterated its outlook that demand for oil, natural gas and coal will peak by the start of the next decade...