Crude Oil News

The EIA has raised its oil price outlook for the balance of 2023, upping its forecast to keep pace with current spot prices...

Pricing and market commentary suspended for Singapore holiday. Normal service to resume Thursday...

US crude oil stocks increased by over 4 million barrels in week ending 4 August...

Crude oil futures Tuesday moved back into positive territory late in the session and comfortably off the day's lows...

Brent crude futures eased for a second straight session as Chinese customs unveiled weak economic data...

ExxonMobil has restarted a gasoline-producing fluid catalytic cracker at the Fawley refinery...

Saudi Arabia's government Tuesday reaffirmed its support for 'precautionary measures'...

Indian road fuel demand was dragged lower through July on seasonal monsoon rains...

Brazilian domestic product sales eased off slightly during June after a slump in gasoline sales from May's highs...

Swiss-based mining company and commodities trader Glencore reported Tuesday a sharp drop in 1H 2023 profits, reflecting the slump in commodities prices...

Swiss UBS and German Commerzbank expect Brent crude oil futures to firm following the extension of...

China's crude oil imports slumped in July to just 10.3 million bpd, with a 19% drop in arrivals coming amid a wider miss...

Polish oil pipeline operator PERN restarted westbound crude oil flows through its second of the Druzhba...

Around 80 offshore workers employed by Petrofac will start strike action this month on several North Sea platforms...

TotalEnergies will shut several units including an FCC and CDU at its 238,000 bpd Port Arthur refinery...

Middle East crude oil prices Tuesday eased back from 2023 highs, while HSFO cracks continued to slide from last...

Crude oil futures Monday were easing, giving up part of the gains made after last week's confirmation from Saudi Arabia and Russia...

European gasoil refiner margins were down for a second straight session Monday amid expectations that...

Tensions on the Black Sea remained elevated at the start of the week after a second maritime drone attack struck an...

Demand for gasoline and diesel in Pakistan rebounded in June, but remained sharply below...