Crude Oil News

Brazil's Petrobras said on Tuesday its domestic refineries reached 95.8% utilisation...

Crude oil futures Tuesday were slightly lower but markets remained choppy with the initial turmoil in Israel largely priced in....

A persistent rally in crude oil prices could impact already anaemic economic...

Seasonal restocking gathered pace last month as European refineries stepped up processing...

Asian oil prices continued to rebound Monday, with investors factoring a risk premium after...

Mexico's state-owned oil company has targeted crude throughput of 1.6 million bpd in 2024...

Iraq's State Oil Marketing Organization (SOMO) has lifted Official Selling Prices (OSP) on its key export grade for Asia in November...

Crude oil futures Monday were sharply higher after a Hamas-led attack on Israel sparked concern over regional security and the prospect...

Crude and LSGO futures jumped after a major Hamas attack on Israel at the weekend...

A UK oil and gas company has proposed to buy Galp's closed 100,000 bpd refinery near the Portuguese city of Porto...

Output from OPEC+ members posted the largest monthly increase in a year despite additional voluntary cuts from its two largest producers...

Gasoil cracks in Asia rebounded at the start of the week as demand uncertainty from a flare-up of violence in Israel broke a week-long losing...

OPEC hiked its forecast for oil global oil demand over the next two decades on Monday...

Asian oil prices rebounded sharply Monday following the attacks against Israel over the weekend, raising tensions in the Middle...

India's refined product demand set another record last month as consumption recovered...

The attack on Israel by Hamas militants has done little to change market balances...

Speculators liquidated net length in crude futures at the fastest pace in five weeks in the days...

North American drilling activity continued the year's downwards trend in the first of October as the rig count slumped to a fresh 20-month low...

The Chinese government is said to have issued a fourth round of crude oil import quota this year, the majority of which...

Oil markets were broadly steady on Friday after a week of aggressive selling...