Crude Oil News

Middle East benchmark Dubai crude registered gains of nearly 5% on the week, largely reversing losses from the...

Crude oil prices in Asia Friday were higher for a fourth consecutive session, rounding off a...

Russia will cut its crude oil production by 500,000 bpd from March, Deputy Prime Minister Alexander...

The OPEC+ coalition increased its crude oil production by 40,000 bpd in January as Russian output remained relatively resilient against the impact of sanctions...

Nigeria's oil output hit 1.258 million bpd in January, its highest since November 2021, data from Nigeria's...

The US has imposed a fresh round of sanctions on companies it believes are acing as intermediaries and facilitating Iranian oil trade, with the latest move...

Crude oil futures briefly touched their highest levels for the month on Thursday before pulling back, while...

ExxonMobil is creating a global trading division to compete more aggressively with the likes of BP, Shell and commodities trading houses...

The US is comfortable with the approach India has taken in buying oil from Russia and is not looking to sanction New Delhi...

Crude oil futures pulled back from earlier February highs Thursday, as markets wobbled amid concerns over growing inventories...

The front of the ICE gasoil forward curve flipped to contango Thursday for the first time in two...

Refined product stocks in the EU-16 hit a nine-month high in January on higher gasoline and...

Canadian pipeline operator TC Energy said Thursday that the December spillage on the Keystone oil was due to a combination of factors, including...

Trafigura is facing losses of over half a billion dollars after discovering metal cargoes it bought didn't contain the nickel they...

Russia's oil output in February is showing signs of continuing to tick higher, with combined crude and condensate...

Qatar's National Oil Company (NOC) has reduce Official Selling Prices (OSPs) for its Marine and Land grades...

Regional gasoline markets have tightened as Colorado's only refinery remains closed since late Decembe

Crude oil prices in Asia further extended the week's gains Thursday as benchmark Dubai posted...

Crude oil futures Wednesday were firmer on the day but off from earlier highs, having consolidated the gains of the last two days as demand optimism...

Brent crude was up for the second day as loading issues continued in the wake of a deadly...