Crude Oil News

ICE gasoil cracks topped $40/b on Thursday for the first time since January on concerns over tight supply...

Crude oil futures Thursday remained volatile as markets continued to struggle after a midweek slew of negative data...

US officials are set to draft proposals that would help to relax sanctions targeting Venezuela's oil sector...

Prompt European natural gas futures slumped heavily in early Thursday trade after Woodside Energy reached a settlement with unions...

Poland's largest energy group Orlen posted a 27% jump in quarterly profits on Thursday...

Middle East crude prices Thursday were lower for a third session but Dubai continued to outshine other benchmarks...

Crude oil futures Wednesday were lower amid increasing gloom over China and the prospect of a further rate hikes...

Crude futures clawed back some of its earlier losses after US crude stocks fell more than expected on Wednesday...

A bigger-than-expected drop in US crude oil inventories last week supported falling futures, with inventories hitting...

US gasoline stocks climbed for the first time in three weeks as imports jumped in the days...

The Brent/Dubai cash spread widened to record negative levels Wednesday, as the ongoing OPEC+ cuts and continued demand growth...

Energy major Shell has hired investment bank Goldman Sachs to explore the potential sale of its Singapore refinery and...

Dubai's Department of Petroleum Affairs has set the OSP for Dubai crude loading in November at parity to the average settlement of Oman...

Asian crude prices Wednesday eased for a second session amid the broader malaise on oil markets, while gasoline...

Production at Citgo's 167,500 bpd Corpus Christi refinery was curtailed on Tuesday after Tropical Strom...

Japan's distillate stocks jumped last week as domestic refinery runs were broadly flat over the period...

US crude oil stocks fell by over 2 million barrels in the week ending 18 August...

Traffic on the Suez Canal appeared to be flowing normally on Wednesday after a collision between two tankers had...

The Chinese government has decided to continue exempting tax on trading profits...

Crude oil futures Tuesday were slightly lower as oil benchmarks consolidated at the week's lower levels, with concerns over...