Crude Oil News

China's crude oil throughput continued to rise for the fourth consecutive month...

Oil prices fell back below $90/b on Tuesday ahead of a trip by the US President to the Middle East...

Crude oil futures Tuesday were little changed, largely consolidating at the previous-week's firmer levels as markets were left on tenterhooks...

French road fuel demand slid 10% on the year in September, dragged lower by another...

Kazakhstan's oil and natural gas condensate output continued to rise in September, hitting fresh highs for the year as maintenance...

Egypt's Suez Canal Authority (SCA) announced an increase in transit fees of 15%...

South Korea will continue to curb fuel tax until the end of this year in the wake of the ongoing conflict...

Vitol-backed storage company VTTI is considering expanding its operations at the Fujairah hub...

Asian crude prices Tuesday were marginally weaker but the Middle East conflict continued to dominate sentiment, while distillate margins...

Gasoline is increasingly a loss-making byproduct for many refiners...

Brazil's Petrobras reported record third quarter oil and gas output in a trading update late Monday...

Mexico's Pemex has shut the largest of two crude-distillation units at its 312,500 bpd Deer Park...

US shale crude production is forecast to ease further in November...

Crude oil futures Monday were slightly lower although benchmarks largely consolidated the previous week's firm gains...

Crude futures ended the day little changed at just over $90/b Monday as oil watchers weighed...

The US and Venezuela have agreed a deal in principle that would ease sanctions aimed at the south American country's oil sector...

Azerbaijan's preliminary crude oil and natural gas condensate output from January-September at 22.7 million mt in monthly energy ministry...

Crude oil production in Saudi Arabia dropped below 9 million for the first time in more...

Asian crude prices Tuesday posted a second session of firm gains amid concerns the Israel-Hamas conflict could destabilise wider...

QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour crude set to increase...