Crude Oil News

Crude oil futures Thursday were in sharp retreat, as concerns over the US economy re-emerged to wipe out the week's gains...

Crude futures snapped a run of gains Thursday as Russia's Prime Minister said...

A hedge fund operated by high-profile commodities trader Pierre Andurand has slumped by almost 46% this year...

Diesel held in the ARA region fell for the first in a month this week..

Global trade picked up in March as China led the pick-up in goods movement, although European trade continued to...

Gasoline's premium over diesel in northwest Europe is at its widest since last June...

US energy giant Chevron has decided to sell its oil and gas assets in the Democratic Republic of Congo...

Mexico's state oil company Pemex says a fire at its 285,000 bpd Lázaro Cárdenas refinery...

Middle East crude markets Thursday were little changed as prices consolidated at the highest levels since...

Russia expects Brent crude prices to rise above $80/b later this year although does not see a need for any further output adjustments...

UK diesel and jet demand reached its highest for the month of March since 2020 and the early...

A container ship has been successfully refloated after running aground in Egypt's Suez Canal and blocking...

Crude oil futures Wednesday were higher for a third straight session after Saudi Arabia's Energy Minister triggered a 'relief rally'...

Brent crude extended this week's rally on a bullish EIA report, which showed not only...

Energy prices in Europe are approaching economically sound levels, according Russia's President Vladimir Putin, while adding the energy crisis...

US gasoline stocks sank to their lowest for the time of year in nearly a decade last week...

US crude oil stocks saw a bigger-than-expected draw last week, slumping by over 14 million barrels to touch their...

Tullow Oil's is likely to seek new investors for its much delayed multibillion-dollar South Lokichar project in Kenya after partners...

Notional gasoline refining margins in New York Habour are at their widest last July...

Dubai's Department of Petroleum Affairs has set the OSP for Dubai crude loading in August at parity