Crude Oil News

The six-week-long rally that boosted Middle East and Asian crude oil markets by 17% since the start of July came to a...

Asian crude prices Friday edged up following a run of five straight losses, while...

QatarEnergy has awarded its monthly Al Shaheen tender for October loading, with premiums...

Kazakhstan could redirect its crude exports to Russia's Baltic ports if the situation in the Black Sea...

Oil benchmarks were moving sideways but remained on course to end a winning streak of seven straight weekly gains...

Brent crude oil futures snapped a three-day losing streak and rallied over 1.5% Thursday after the...

Oil futures Wednesday were consolidating after the week's sharp losses, as fears over an extended period of higher US rates added to this week's sluggish data from China...

Asian crude prices dropped to two-week lows Thursday as oil benchmarks continued to retreat from the 2023 highs...

Norwegian DNO reopened its Tawke crude oil field in Kurdistan last month after being shut in for four...

Investment in Norway's oil and gas sector during this year and next were revised higher as several projects...

Crude oil futures moved sideways on Wednesday as a big draw that left US crude stocks at their lowest since the start...

US crude oil stocks slumped last week to touch their second lowest levels of the year as part of a big draw from...

Middle East crude oil markets further extended the week's losses Wednesday amid growing concerns over China's...

Oil futures in European trading hours Wednesday were drifting sideways as concerns over China's stuttering recovery weighed across financial markets...

Crude oil exports from Saudi Arabia continued to fall in June this year largely in line with a shrinking output volume...

QatarEnergy's keenly-watched Al Shaheen tender is expected to be awarded at higher levels versus the previous month...

Crude oil output in Angola rose slightly in July to nearly 1.15 million bpd, posing a four consecutive monthly increase...

Brent crude oil futures at the European close Tuesday were back below $85/b for the fresh time in nearly two...

Oil futures were down almost 2% by the close of European trading hours on Tuesday, with prices under downwards pressure as concerns picked up over the health of China's...

Middle East crude oil markets eased for a third session Tuesday, following the broader trend...