Crude Oil News

18 Feb 2025
Middle East crude nudged higher during Tuesday's session while the naphtha east-west continued to weaken amid strength in the European market...
18 Feb 2025
Transneft warned crude flows through the Caspian Pipeline Consortium (CPC) could fall by as much as 30% for up to two months after a...
18 Feb 2025
Sanctioned oil tankers carrying Russian-origin cargoes continued to discharge at ports in Shandong province despite a recent ban...
17 Feb 2025
Benchmark crude oil futures opened the week higher on Monday as investors braced for pressure on Iran, while LSGO weakened further under...
17 Feb 2025
Crude oil futures opened the week slightly higher against a backdrop of cautious trading as geopolitics and macroeconomics continued to...
17 Feb 2025
The resumption of oil exports from the semi-autonomous Kurdish region of Iraq moved a step closer Monday, after clearing a number of legal...
17 Feb 2025
Portuguese oil company Galp expects refining margins to decline to around $6/b in 2025 as new refining capacity comes online in South...
17 Feb 2025
QatarEnergy has awarded its monthly Al Shaheen tender for April at slightly lower levels, although premiums remain relatively solid amid...
17 Feb 2025
Brazil's oil regulator ANP has cleared Petrobras to start production at the Almirante Tamandaré floating production, storage and offloading...
17 Feb 2025
Kazakhstan has missed its OPEC+ crude oil output quota allocation as its production jumped 9% in January to over 1.5 million bpd as new...
17 Feb 2025
A Ukrainian drone attack hit a key pumping station on the Caspian Pipeline Consortium (CPC) network overnight, reducing crude flows...
17 Feb 2025
Middle East crude opened the week little changed amid conflicting price indictors, while structure in the naphtha market has firmed to levels...
17 Feb 2025
Emergencies services have extinguished a fire on a natural gas pipeline in the Permian Basin, which followed an earthquake in West Texas...
17 Feb 2025
Weekly US drilling activity rose for a third week, with increments registered in Oklahoma, Texas and...
17 Feb 2025
Investors grew more bullish in the diesel and gasoline futures market during the week to 11 February as winter storms in the US...
17 Feb 2025
The Department of Transportation's Maritime Administration (MARAD) has issued a Record of Decision (ROD) to Sentinel Midstream...
14 Feb 2025
Mexico's PMI has raised the so-called K factor used in its formulas to price all its grades sold internationally ...
14 Feb 2025
Benchmark crude oil futures extended losses on Friday as markets braced for escalating global trade tensions and a potential peace deal...
14 Feb 2025
Crude oil futures in Friday were marginally firmer, heading for slim weekly gains having recovered from monthly lows posted mid-week...
14 Feb 2025
Enbridge is advancing talks with customers to add more egress capacity for growing Western Canadian ...
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