Crude Oil News

US crude oil output crept higher for the first time in five weeks last week, eking out a slim 100,000 bpd rise to...

 US gasoline inventories reached a fresh 11-month high last week as imports hit 1mn bpd...

The United Arab Emirates has approved a licence for Russia's MTS Bank, a move that risks exacerbating concerns among western nations...

 German fuel supply is set to tighten as both Gunvor's Ingosladt and Bayernoil's Neustadt-Vohburg...

Crude oil prices in Asia Wednesday extended the recent gains as benchmark Dubai hit a one-week high, while diesel...

Crude oil loadings from Turkey's Baku-Tbilisi-Ceyhan terminal in the Mediterranean have been suspended following Monday's devastating earthquakes...

Dana Gas, one of the largest private natural gas companies in the Middle East, announced a 53% annual rise in adjusted net profit in 2022...

French major TotalEnergies reported a 28% jump in full-year earnings to $20.5bn Wednesday...

Russian petroleum products are still in demand in EU countries, Deputy Prime Minister Alexander Novak...

Crude oil futures on Tuesday maintained the firmer start to the week as focus flipped back to the demand side...

Crude oil futures rose more than $2.50/b at the cash market close in London compared to a day earlier as the...

Crude loading at Turkey's Mediterranean port of Ceyhan resumed Tuesday, at least partially, after being suspended...

A seasonal slowdown in gasoline output in December left Malaysia's total refined oil product output...

BP will invest an additional $8 billion in its upstream business by the end of the decade unwinding...

Tumbling energy revenues and soaring expenditure pushed Russia's federal budget to a deficit of 1.76 trillion rubles...

Asian oil prices rebounded strongly on Tuesday as China's demand recovery came back into focus...

Adnoc has increased OSPs for March-loading crude, with its flagship Murban grade set at...

India will continue source oil from wherever it needs to in order to meet the country's burgeoning demand...

Iran's "ghost fleet" have switched to carrying Russian oil since western curbs on Moscow intensified, as the Kremlin turned to sanctions-busting techniques pioneered by Tehran...

Monday brought another bearish day for crude with frontline Brent posting its lowest cash market...