Crude Oil News

OPEC+ production fell in April as a rebound in Russian supply was not enough to offset disruptions affecting Iraqi...

Crude oil futures Monday were comfortably higher, having consolidated Friday's solid gains as sentiment...

Middle East crude prices rebounded strongly Monday, catching up with the firm Brent gains since the pre-weekend Asia...

Investors turned net short on both ULSD futures and ICE gasoil last week on growing oversupply...

North American drilling activity dropped by the highest level in two months the week ending 5 May, as both Texas and the Permian Basin...

A fire at the Shell Deer Park Chemicals plant which broke out during routine maintenance on Friday...

Nigeria's Dangote Petroleum Refinery will be commissioned on May 22, slashing the reliance of...

Crude oil futures Friday were sharply higher but were still heading for steep weekly losses after concerns over the economy...

Refiner margins for low sulphur gasoil futures rose for a third straight session by the Friday London...

Fuel oil markets were caught up in wider turmoil for the energy industry this week, with macroeconomic factors back...

Brazil's crude oil output fell for a second successive month in March, falling another 5% on the month to 3.2 million...

Turkey's crude imports spiked by a quarter in March from February's lows, with energy operations restarting after...

Portuguese oil refiner Galp reported a 62% increase in Q1 profits but missed analysts' expectations on...

Middle East benchmark Dubai crude faced another tumultuous week with prices retreating for a third consecutive...

Middle East crude prices steadied Friday although were still hovering around six-week lows after a third consecutive...

The CEO of Spain's Cepsa has criticised the government's windfall tax as poorly

Oil from a tanker that exploded offshore Malaysia's earlier this week has washed up on coastal regions in neighbouring Indonesia...

Crude oil futures Thursday were little changed on hopes that the US rate cycle will be paused...

Lukoil announced it has completed the sale of its ISAB refinery in Sicily on Thursday...

Crude oil futures gained some ground for the first time this week at the Thursday cash close after the Fed...