Crude Oil News

Diamondback Energy expects its crude production to average 485,000-498,000 bpd this year, up from ...

All operations associated with Shell's Houma, Louisiana, crude oil tank farm remain suspended as...

Benchmark crude oil futures were in steep decline on Tuesday as investors braced for further US sanctions, while LSGO cracks fell to their lowest...

Crude oil futures Tuesday were slightly lower as markets struggled to hold the previous session's late gains...

President Donald Trump is looking to revive the Keystone XL crude project and get it built if not by the ...

Energy major BP has signed an agreement with the Iraqi government to invest in several major upstream projects around Kirkuk...

Malaysia's state-owned Petronas will not lift the first cargo from its equity stake in LNG Canada's Kitimat plant until later in the year...

The US wants to impose new fees and take other actions on Chinese players in the global maritime, logistics...

The LOCAP crude oil pipeline system halted operations Monday after receipt issues at its St. James...

Brazil's refined oil products output dropped to its lowest levels in eight months in January as a big drop off in diesel output was seen amid...

Middle East crude rebounded after the US announced a new round of sanctions aimed at Iran, while the diesel EFS widened further...

Global electricity demand is poised to outpace overall energy growth dramatically during the next decade, the International Energy...

Middle East crude opened the week lower as prices caught up with the pre-weekend Brent selloff after Asia had closed, with the move help...

BP is set to abandon its pledge to cut oil and gas output and announce at least one major divestment at its investor day Wednesday...

Energy consultancy Wood Mackenzie expects Brent prices to average at just below current levels this year, as new production...

Indonesian prosecutors have accused a senior executive from the state-owned oil and gas company Pertamina...

Energy midstream company ONEOK expects throughput and profits to grow through next year as...

Kosmos Energy sees less output from its E&P operations in the Gulf of Mexico (GOM) in 1Q compared...

Benchmark crude oil futures opened the week lower as markets braced for increasing volumes entering the market, while LSGO extended losses...

The US Treasury Department on Monday sanctioned more than 30 brokers, tanker operators, and shipping companies...