Crude Oil News

Middle East crude prices eased back for a second session Thursday, supporting gasoline cracks at recent high despite a…

Azerbaijan's crude oil and natural gas condensate production fell sharply in the first month of the new year, with the combined figure sliding to...

Oil prices fell for a second session on Thursday as markets reacted to US President Donald Trump's announcement that Washington and Moscow...

Chevron will lay off 15% to 20% of its global workforce by the end of 2026 as part of a broader effort to cut costs and streamline operations...

Benchmark crude oil futures lost momentum on Wednesday on bearish EIA data, while LSGO cracks slid on falling natural gas prices...

Energy Transfer has approved plans to proceed with a final Front-end Engineering and Design (FEED) study ...

US commercial crude oil inventories gained for a third week to reach the highest since early November...

A US shale gas producer sold $95 million worth of carbon credits and other environmental attributes in 2024...

Crude oil futures Wednesday were drifting lower as markets paused after the week's firm upwards trend...

OPEC has maintained its relatively upbeat outlook for global oil demand growth in 2025 at 1.45 million bpd, shrugging off concerns that...

Global crude and condensate exports reached their highest levels in eight months in January, according to latest Vortexa analysis, as rising...

Production has resumed at Norway's Johan Sverdrup oilfield, operator Equinor said on Wednesday, following a brief shutdown caused...

South Sudan has resumed oil production at fields operated by Chinese major CNPC after nearly a year of disruption, Bloomberg reported...

Spain's refined oil product output rebounded in December, official figures revealed Wednesday, with increases seen across the barrel...

Middle East crude prices eased for the first time in four sessions Wednesday, while jet fuel and gasoil cracks strengthened to the highest levels...

Shell expects oil demand growth to continue well into the next decade, with artificial intelligence playing a major role...

China's oil demand growth is forecasted to extend beyond the midpoint of this decade as more refining and petrochemical cracking...

US commercial crude stockpiles rose just over 9 million barrels for the week ending February 7, according ...

The Energy Information Administration (EIA) sees an increasing supply of liquid petroleum fuels through 2026 ...

Crude oil futures Tuesday extended early-week gains as risk-on sentiment returned as traders eyed supply disruptions and winter-led demand...