Crude Oil News

Crude narrowly held on to recent gains to end the day above $80/b...

Crude oil futures eased back Friday as the week's firm rally ran out of steam, promoting a pre-weekend selloff as not even protests in Libya...

China's crude oil imports are expected to soften after hitting a three-year high last month...

Benchmark Dubai prices increased by over 5% during the week as resurgent markets lifted prices to the highest levels since late April...

Dubai crude posted yet another gain Wednesday, the eighth in a row, while diesel cracks ease...

Protests at several oilfields in Libya have threatened to shut in up to 370,000 bpd of crude oil production, the latest in...

Nigeria's oil output rebounded again last month and further from lows seen in April...

Shell's Nigerian subsidy has suspended loadings of Forcados crude oil after reports of a leak...

Crude oil futures remained north of $80/b on Thursday as the market continued to digest news of calming US inflation...

OPEC maintained its bullish view for oil demand this year and into 2024 in its latest monthly report...

US oil major ExxonMobil has deepened its involvement in the carbon capture and storage (CCS) business by acquiring...

Crude oil futures in European trading hours Thursday were steady as benchmarks consolidated the July rebound...

Kuwait has increased Official Selling Prices (OSPs) for its key export grades loading in August...

Norway's Equinor was forced to close several unknown units at its 240,000 bpd refinery in Mongstad...

Dubai crude posted a seventh consecutive gain Thursday as the July price surge showed no signs of slowing, while the...

The EIA has downgraded its forecast for 2023 oil demand for the first time this year...

The $60/b price cap imposed by the G7 and EU has been breached with benchmark providers...

China's crude oil imports continued to soar in June, hitting 52 million mt through the month as domestic consumption...

Crude oil futures Wednesday were consolidating the firm gains made since the start of the month, as Brent topped the psychologically-important...

Quantum Commodity Intelligence - Shell has made a fourth successful discovery offshore Namibia, with the latest exploration well confirming...