Crude Oil News

Output from the core OPEC members during June barely moved as increases from Iraq and Nigeria offset reductions from elsewhere...

The monthly average price for benchmark Middle East Dubai was largely unchanged in June versus May, with cuts from key OPEC producers...

Brazil's May crude output was up 2% on the month at a three-month high of 3.3 million bpd, combined crude offshore...

Libya's army of the Tripoli-based Government of National Unity (GNU) denied reports of targeting...

Kazakhstan has supplied 290,000 mt of crude oil to Germany this year via the Druzhba pipeline...

Benchmark Dubai crude ended the month on a firm note, catching up with two days' worth of Brent gains, while...

Japanese deliveries of gasoline, diesel and jet recorded their highest May volume since 2019...

Losses on ICE gasoil futures outpaced crude Thursday as inflation in Europe's biggest economy grew more than...

The Intercontinental Exchange announced Thursday record open interest (OI) across its global energy markets with futures and options of...

Crude futures Thursday were slightly higher as oil benchmarks consolidated the previous session's gains, although the spectre of higher interest rates...

Mexican state producer Pemex saw its May crude exports jump 10% from April to hit a 22-month high as regional...

Diesel held in the ARA region slipped 1.7% on the week to its lowest since the end of 2022...

Around 13% of US energy consumption in 2022 came from renewable fuel sources, the EIA said Thursday...

OPEC has rejected claims that it had approached Guyana to join the producer alliance...

UK crude production slumped in April and refineries ran less oil than the same time last year...

Cash assessments for crude and oil products have been suspended 29 June due to a national holiday in Singapore...

Norwegian labour unions have agreed a wage deal with operators in the country's offshore oil...

Crude oil futures Wednesday were climbing higher after inventory data from both the EIA and API revealed a fall in US crude stocks...

Crude oil futures edged slightly higher by the cash market close in London, as a bigger than expected...

OPEC has again not issued invites to three major news organisations, with a Bloomberg report Wednesday saying...