Crude Oil News

Nigeria's oil output climbed 8% from July to 1.21 million bpd last month, according to official data...

The extended crude oil production cuts by Saudi Arabia and Russia announced earlier this month are a...

Japan's product stocks climbed last week on seasonal shifts in demand, while refinery maintenance...

US crude oil stocks posted a build for the first time five weeks the week ending 8 September, going against expectations for another drop...

Crude Tuesday surged to fresh 10-month highs as OPEC published an upbeat report on the health of the oil market...

The EIA expects Brent crude futures to average $93/b in the fourth quarter, up from $86/b..

Crude futures were sharply higher on Tuesday after a hurricane shut in around half of Libya's oil output...

OPEC maintained its bullish demand outlooks for this year and next, while balances are still expected to be tight with a shortfall of...

Ithaca Energy is to buy out Shell's share in the controversial UK Cambo development, taking the operator's share to 100%...

Structure has tightened sharply across European diesel forward curves, as concerns over prompt...

Asian crude prices Tuesday maintained the firm upward momentum as benchmark Dubai...

Petroineos reported an incident at its 150,000 bpd Grangemouth refinery in Scotland which involved...

The US Biden administration has approved a prisoner-swap with Iran in a deal that will also issue waivers for international banks to transfer $6 billion...

Crude oil futures Monday were little changed amid choppy trading, as markets largely continued to consolidate the firm summer gains...

Crude futures dipped from likely profit-taking on Monday, which helped propel diesel cracks to fresh highs...

Road fuel stocks rebounded last month as European refineries stepped up processing as the summer...

Storm Daniel battered the Libyan coast over the weekend, causing severe flooding and hundreds of fatalities...

Iraq's SOMO has lifted OSP on its key export grade for Asia in October, underpinned by firm demand for sour crude...

North American drilling activity snapped an eight-week losing streak but the count remains sharply lower on the year...

ExxonMobil is moving forward with its delayed expansion project at the Fawley refinery...