Crude Oil News

Crude moved sideways on Friday at the end of another winning week in which supply constraints from OPEC output...

Crude oil futures edged up Friday having given up some of the week's gains in the previous session, while heading for a fourth weekly increase...

Global oil demand is on the rise and will hit a record 101.9 million bpd by the year-end, with growth in China...

Australian fuel demand and imports continued to recover through February, with government data published Friday...

Middle East benchmark Dubai crude ended higher for a third consecutive week, as markets continued to recover following...

Dubai crude oil prices eased back Friday but continued to trade at a small premium with Brent, while activity finally...

The UAE's energy powerhouse Adnoc has awarded a contract to its subsidiary, Adnoc Drilling, to provide...

QatarEnergy has awarded its monthly Al Shaheen tender for June-loading at higher premiums, reflecting the firmer Middle East market after...

Crude oil futures in European trading hours Thursday were trading close to the 10-week highs registered after a number of bullish pricing signals...

Brent crude gave up early gains Thursday to end the day broadly flat as concerns returned...

Kuwait has increased its Official Selling Prices (OSPs) for its key export grade loading in May...

PetroVietnam will delay maintenance at its 130,000 bpd Dung Quat refinery by six months until the beginning of 2024...

The government of the Netherlands has offered energy supermajor Shell assistance in cutting its scope 1 and 2...

Inventories of most refined products fell last week in the ARA region, with sharp declines in...

The Brent/Dubai cash spread inverted for the first time in over six-months Thursday, as OPEC+ cuts and a firmer demand outlook...

OPEC held its forecast for oil demand growth this year unchanged at 2.3 million bpd in...

Benchmark Dubai crude oil prices stormed to fresh five-month highs Thursday, while the gasoline crack continued to soften...

Spain's product imports hit a five-year high in February as refinery output slumped...

The Biden administration hopes to refill the Strategic Petroleum Reserve provided it is "advantageous" to taxpayers...

Crude oil production from OPEC+ producer alliance dropped by 300,000 bpd during March as output fell in sanctions-hit Russian...