Crude Oil News

US shale output continued to rise through April to 9.23 million bpd, the highest since December 2019 and the third...

Turkey has rejected a request to restart the pipeline transporting oil from northern Iraq to the Mediterranean port of Ceyhan...

Asia crude oil prices edged higher Tuesday, largely tracking Brent futures, while diesel cracks spiked...

Crude throughput in the world's second largest refining nation flatlined in April compared with a month earlier...

The International Energy Agency has raised its oil demand forecast for this year by 200,000 bpd on record demand in China

A fire at Marathon Petroleum's Galveston Bay refinery near Houston...

One of the EU's top officials has called for a clampdown on India reselling Russian oil as refined fuels into Europe...

The US Department of Energy (DOE) announced late Monday that it will purchase up to 3 million barrels...

Crude oil futures Monday were climbing higher as tightening supplies vied with concerns over the US economy...

ICE Brent crude oil and LSGO futures rebounded at the start of the week as tight energy supplies were...

A fire which broke out at Marathon's 633,000-bpd Galveston Bay crude oil refinery, south of Houston, Texas...

US natural gas pipeline operator ONEOK Inc. has agreed to acquire all outstanding units of Magellan Midstream Partners...

Pakistan's crude and gasoline imports slipped to multi-month lows in April as data from the Oil Companies Advisory...

Shipping costs for the largest class of oil tankers on benchmark Middle East Gulf-China have sunk to around one-year lows...

South Korea's crude oil imports pulled back from March's highs in April, with monthly customs data published...

Oil and gas producer Vermilion Energy cut its forecast for the second quarter...

Azerbaijan's crude oil output slipped to its lowest level since June 2020 in April, with OPEC+ production cuts leaving...

QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour grade set to tumble...

Asia crude oil markets started the week little changed Monday, but downward pressure on the naphtha market...

Traders hiked bearish bets on Brent crude futures last week to their steepest since late 2020...