Crude Oil News

Indonesia's state refiner Pertamina is holding off its rollout of E5 gasoline as it looks to the government for tax cuts to ensure...

Norway's Equinor has temporarily shut down production at the Gina Krog oil and gas platform...

Benchmark Dubai crude prices Wednesday pulled back slightly but continued to make gains on Brent...

Refinery runs in Japan recovered further from historical lows recorded at the start of the month...

Crude oil futures Tuesday were lower as concerns over economic slowdown and further rate rises continued to dampen market outlook...

 A worsening outlook for Chinese oil demand added to pressure on crude and refined products Tuesday

Workers on BP Petrofac offshore installations have accepted an improved wage offer...

Benchmark Dubai crude prices Tuesday raced to seven-week highs as the massive partials buying spree saw Dubai...

Natural gas output in Norway slumped more than expected last month as unplanned outages...

Iran has increased Official Selling Prices for its flagship Iranian Light grade, as exports surged to multi-year highs in May...

Chinese imports of Russian crude oil hit their highest on record in May, displacing Saudi barrels as the gap...

Benchmark Dubai prices rallied to a seven-week highs Tuesday, underpinned by Saudi Arabia's announced 1 million bpd reduction in July and a huge buying spree that...

Crude oil futures in Monday were slightly weaker as concerns over China's fragile recovery were raised as two more banks downgraded growth prospects...

Saudi Arabia has amassed around 20 million barrels of crude oil being held on as floating storage in the Gulf of Suez...

European gasoil cracks eased on Monday following news that India's Reliance resumed exports after...

The biggest oil producer in the United Arab Emirates is establishing a carbon trading desk ahead of the...

US investment firm Berkshire Hathaway announced Monday its wholly-owned subsidiary National Indemnity Company...

QatarEnergy has awarded its monthly Al Shaheen tender for August loading, as premiums stayed at around the lowest levels since...

India's Reliance Industries has resumed vessel operations at the port of Sikka...

North American drilling activity shrunk for a seventh consecutive week, the longest losing streak since July 2020 with the giant Permian...