Crude Oil News

Saudi Arabia will extend its voluntary cut of 1 million bpd for another month into September,

Nigeria's unions have called off a week-long nationwide strike after a meeting with President Tinubu...

Crude oil futures rebounded during European trading hours on Thursday, with extended output cuts from Saudi Arabia and Russia enough to walk back much of Wednesday's...

Asian crude oil prices Thursday eased back after global crude benchmarks wobbled following the US ratings downgrade...

Crude oil futures Wednesday were lower as renewed concerns over the US economy erased earlier gains...

Crude oil futures slumped on Wednesday despite the EIA reporting a record draw in US crude oil inventories, with...

US crude oil stocks saw a far bigger than expected draw in the week to 28 July, with the Energy Information...

Asian crude oil prices Tuesday continued the relentless march upwards, posting the second highest print of 2023...

The spread between Russia's flagship Urals crude and the Middle East Dubai benchmark has narrowed to a fresh low...

The US Department of Energy (DOE) has passed on the opportunity to purchase a further 6 million barrels of oil for the SPR...

OPEC's combined crude output in July retreated sharply according to a survey published by Bloomberg...

US crude oil stocks dropped by record levels the week ending 28 July...

Crude futures slipped on Tuesday on signs of profit-taking after a very strong July, but there was no let...

US oil producer Marathon Petroleum expects a fire-hit catalytic reformer at its Galveston, Texas refinery to remain out...

Crude oil futures Tuesday were drifting lower as Brent paused following a solid July which lifted prices by over $10/b since early month, although sentiment remains...

Italy's Eni has started to bring its 84,000 bpd Livorno refinery back online after a three-month turnaround...

Brazil's crude oil output hit a fresh record in June as offshore output continued to expand as exporters defied...

The premium for naphtha in Asia over Europe is at its widest since January as regional crackers return from maintenance...

Asian crude oil prices started the new month on a firm footing as benchmark Dubai posted another three-an-a-half-month...

The monthly average price for benchmark Middle East Dubai was sharply higher in July versus June, underpinned by production cuts from Saudi Arabia...