Crude Oil News

Crude oil futures Wednesday extended the week's firmer tone as supply side concerns came back into focus...

Gibson Energy expects to have a connection for its South Texas Gateway Terminal (STGT) in Ingleside...

Tallgrass and Bridger Pipeline have begun an open season seeking binding commitments from potential ...

A potential ceasefire in Ukraine would unlikely increase Russian oil exports even with easing sanctions, analysts at Goldman Sachs said...

Fujairah's refined product inventories slipped 1% in the week to 19 February, falling to 19.9 million barrels as a sharp decline in light distillates...

Middle East crude markets moved higher Wednesday, breaking out of the recent narrow trading range, while the diesel EFS widened...

Swiss-based trading reported lower earnings for a second year as the decline in the commodities and mining sectors continued to weigh...

Oil product inventories in Japan dropped across the barrel during the week to 15 February despite a rebound in crude throughput, data...

Japan's crude oil imports in January rose 8% on the year to 2.63 million bpd...

Australia's refinery output hit its highest level since early 2022 in December, with production bolstered by a big jump in imported volumes...

President Donald Trump has indicated that he may not let Venezuela export crude oil and petroleum products...

Occidental Petroleum plans to divest $1.2 billion in assets in the first quarter of this year from two upstream ...

Enbridge has apportioned nominations for heavy crude shipments on its Mainline system by 5% and...

Diamondback Energy has entered a deal to buy certain subsidiaries of Double Eagle IV Midco for just ...

Brazil's government has approved a decision to join the OPEC+ alliance as an observer, according to the Associated Press, though its...

Benchmark crude oil futures extended gains on Tuesday amid escalating geopolitical tensions and OPEC+ uncertainty, while the LSGO forward...

Japan is pushing for refinery modernisation and a broader crude import portfolio as part of its latest energy strategy published Tuesday...

Crude oil futures were nudging higher for a second session with investors watching a number of moving parts and conflicting price signals...

Saudi Arabia's refinery operations ramped up significantly in December following seasonal maintenance, even as crude production...

OPEC+ is considering a further postponement in planned production increases, according to Bloomberg, although Russia said...