Crude Oil News

Investors added to net length in crude and diesel last week, spurred by Saudi Arabia's unilateral...

Saudi Arabia and its OPEC+ allies are trying to combat "uncertainties and sentiment" in the oil market by taking proactive measures....

ICE Brent crude ended the day little changed after clawing back steep losses on earlier...

Crude oil futures in European trading hours Friday were steady and set to end the week little changed, with post-OPEC+ gains...

OPEC+ crude production shrank 670,000 bpd in the first month of expanded voluntary cuts in... 

Distillate stocks in the EU-15 plus Norway climbed for the third straight month in May...

Middle East benchmark Dubai crude prices Friday were higher versus the previous week, as broader economic concerns largely offset...

Middle East crude prices eased slightly Friday, as the Dubai benchmark consolidated in the mid-$70s/b, while diesel cracks maintained...

The UK government has introduced a price floor for its 75% windfall tax on oil and gas...

Crude oil futures in late afternoon London trade Thursday nosedived on reports that that the US and Iran are close to an interim deal...

Direct talks between Robert Malley and Iran's ambassador to the UN have taken place on US soil...

Crude was down about $1/b on the day by the European cash market close on Thursday, having...

Electricity networks across three Saudi governates are set to undergo SR1.4 billion ($373 million) worth of improvements to reduce the areas' liquid fuel consumption...

The recently listed Adnoc Logistics and Services has been awarded its first major contract...

Middle East crude prices Thursday edged higher, as Asian markets consolidated the post-OPEC+ gains...

Canada's Irving Oil has launched a strategic review of its entire privately-owned business...

Brent futures were higher Wednesday after another decline in US crude stocks on higher...

Crude oil futures Wednesday were higher, with markets again flip-flopping between supply constraints following the OPEC+ meeting pitched against...

Suncor has begun to startup the third and final plant at its 103,000 bpd Commerce City...

Commodity trading house Trafigura posted record half-year profits of $5.5 billion, double the...