Crude Oil News
4 Apr 2023
Chinese refinery PetroChina has shut two of its refineries as part of its maintenance season, with up to 420,000 bpd...
4 Apr 2023
A slowdown in global demand growth will weigh on crude oil prices this year as economic headwinds continue to...
3 Apr 2023
Crude oil futures Monday were sharply higher after a surprise announcement over the weekend that several OPEC+ members...
3 Apr 2023
Oil prices surged on Monday as the market digested news of a surprise 1.7 million bpd output cut by the OPEC+...
3 Apr 2023
The US government has slammed the decision by OPEC+ members to reduce crude production further...
3 Apr 2023
Speculative net length in the two most liquid crude futures contracts soared last week...
3 Apr 2023
Asian crude were sharply higher Monday following the broader global rally after OPEC producers announced an output...
3 Apr 2023
Goldman Sachs has hiked its forecast for Brent December Brent crude future after several...
3 Apr 2023
The March monthly average price for benchmark Middle East Dubai retreated by over 4% on the month...
2 Apr 2023
Several members of the OPEC+ producer group announced voluntary and unilateral production cuts...
31 Mar 2023
North American oil drilling activity fell during the week ending 31 March, reversing most of last week's...
31 Mar 2023
Crude oil futures was up 0.5% by the cash market close in London, while LSGO futures...
31 Mar 2023
US crude oil output hit its highest level since the early days of the Covid-19 pandemic, with...
31 Mar 2023
Crude oil futures were slightly higher on Friday, flirting with a two-week high and largely consolidating the...
31 Mar 2023
French officials have ramped up the release of strategic reserves to alleviate fuel shortages...
31 Mar 2023
German company Wintershall Dea and its partner Altera have been awarded a CO2 storage license in the...
31 Mar 2023
Japan imports of crude fell 3% on the year and throughput fell just 1% in February, according to...
31 Mar 2023
Asian crude were marginally higher Friday largely consolidating the early-week gains...
31 Mar 2023
The US exported a record 3.6 million bpd of crude oil last year, according to the EIA...
31 Mar 2023
US energy major topped the list of highest bidders in the latest round for exploration drilling rights in the Gulf of Mexico...