Crude Oil News

3 May 2023
Morgan Stanley has trimmed its outlook for Brent crude this year by 9-14% as...
3 May 2023
OPEC's crude output in April dropped to the lowest level in almost year with Iraq accounting for the lion's share of losses...
2 May 2023
Crude oil futures Tuesday were sharply lower as investors continued to digest bearish data from China released on Sunday, while concerns...
2 May 2023
Crude oil futures hit a six-week low by the cash market close on Tuesday amid poor Chinese economic...
2 May 2023
Output from the core OPEC members during April fell by 190,000bpd as Iraq and Nigeria struggled...
2 May 2023
US refiner Marathon reported a sharp jump in first quarter profits Tuesday on the back of higher margins..
2 May 2023
The International Monetary Fund raised its forecast for Asia-Pacific, with the region's growth will be primarily driven by China's rebound...
2 May 2023
BP's shareholders have shown "broad support" for its change in strategy to boost its short-term oil...
2 May 2023
TotalEnergies and Valero were heard to have restarted refinery units at their respective Port Arthur...
2 May 2023
Ultra-low sulphur diesel loadings at the Russian Baltic port of Primorsk are set to fall for a second consecutive month
2 May 2023
Middle East crude opened little changed as markets moved sideways ahead of the US rate decision due this week...
2 May 2023
nvestors rewound bullish bets on crude and turned net short on European diesel last week for the first time in 2.5 years...
1 May 2023
Crude oil futures in European trading hours Monday were drifting lower following the release of sluggish data from China and ongoing concerns...
30 Apr 2023
Brazil's crude oil exports hit a record 2.5 million bpd in March as domestic refining capacity was knocked offline by...
30 Apr 2023
US oil drilling rig numbers were steady in the week to 29 April with 591 sites operating across the country, according...
30 Apr 2023
Russia will not publish any official statistics relating to its crude oil and condensate output until April 2024 at the...
28 Apr 2023
Crude oil futures Friday rebounded strongly as markets recovered from monthly lows registered this week...
28 Apr 2023
Crude rebounded into the weekend on optimism over the rescue of embattled US bank First Republic and upbeat...
28 Apr 2023
Refined product stocks in the ARA dropped to a three-month low this week...
28 Apr 2023
Profits increased more than expected at US major Chevron, as it became the latest oil...
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