Crude Oil News

Brazil's offshore oil production hit a record high in February, with the expansion of activity at its pre-salt fields helping...

Middle East benchmark Dubai crude ended the week sharply higher, as markets consolidated Monday's steep...

Asian crude oil prices eased slightly Friday but were largely holding the week's firm gains...

Shell expects to have produced higher LNG volumes in Q1 following fewer outages in Australia...

Crude oil futures were little changed Wednesday, with the market easing slightly as it looks for fresh inputs after the weekend's surprise output cut...

Crude prices eased slightly on Wednesday in a tightly traded session lacking much in the way of fresh inputs, with...

Gas giant QatarEnergy announced Wednesday it will take a 25% stake in a huge gas project in Iraq...

US crude stocks in private storage fell 1% to an eight-week low of 470 million barrels in the week to 31 March...

Saudi Aramco has increased Official Selling Prices (OSPs) for May-loading crude to Asia, which follows the 500,000 bpd crude cut announced...

Middle East crude oil prices were little changed as markets consolidated at around the highest levels seen since November, while gasoil cracks touched...

Energy major ExxonMobil's low-carbon business has the potential to outgrow its traditional oil and gas...

Crude processing at Indian refiners hit the highest level on record in February, with 5.435 million....

ExxonMobil indicated that its Q1 profits could drop by a quarter from last year's record Q4 results...

Japanese gasoil stocks hit their lowest since at least 2004 at the start of April as exports more than...

Crude oil prices moved sideways on Tuesday, with the market consolidating the gains seen early in the week after...

Crude oil futures Tuesday were slightly lower, although largely consolidating the previous session's 6% gains...

Turkey's crude oil imports slipped to their lowest level in two years in February, with volumes coming under pressure...

Oil exports from Northern Iraq to the Turkish port of Ceyhan are set are to resume after Bagdad reached an agreement...

Asian crude oil prices extended the previous session's gains Tuesday as the OPEC+ cuts continued to boost...

The spread between Russia's flagship Urals crude and the Middle East Dubai benchmark narrowed during March but still remains at...