Crude Oil News

Energy major Shell said it will meet the bulk of its emission reduction targets for scope...

Saudi Aramco has reduced Official Selling Prices (OSPs) for June-loading crude to Asia, reflecting the sharp fall in distillate and gasoline cracks...

US oil exports jumped 21% to hit a record high of 4.85 million bpd in March as demand from China helped to lift...

Following months of negotiations, India and Russia have suspended efforts to enter into bilateral trade in rupees...

A little-known Indian trading outfit has become a major global player in shipping Russia crude oil, but its close links to Rosneft may provide...

Norwegian Equinor was the latest energy company to report better-than-expected Q1 earnings as...

Kazakhstan will cease rail shipments of oil products to the Russian Black Sea port of Taman...

Middle East crude prices stumbled to fresh six-week lows although were seen stabilising Thursday, bringing hope...

US upstream independent ConocoPhillips reported a 50% slide in first-quarter earnings to $2.9 billion Thursday

Brazil's Petrobras reported a 4.3% fall in oil and gas production in the first quarter and a similar...

An agreement has been reached between oil firms and unions representing workers on Norway's...

WTI crude oil futures briefly nosedived in early-hours trading Thursday, on what was widely described as a 'flash crash'...

Crude oil futures were again sharply lower Wednesday, hitting fresh six-week troughs as expected interest rate hikes in the US and Europe...

Phillips 66 joined the chorus over a bullish gasoline summer driving season as it became..

Front month crude oil futures fell to the lowest level in 17 months at the cash market close...

The oil and gas industry has the ability and resources to cut emissions sharply to meet net zero targets, but...

US crude oil stocks were back down last week although that was not enough to halt the selloff in a market that is...

Iran's Revolutionary Guard has seized a second oil tanker in space of a week from the strategic Strait of Hormuz...

The oil tanker which exploded off the coast of Malaysia earlier this week is set to bring further scrutiny on the so-call 'dark fleet' of tankers...

Middle East crude tumbled around $5/b Wednesday, catching up with losses on western benchmarks...