Crude Oil News

European diesel and gasoil cracks dropped to a two-month low and backwardation eased as a rise...

Crude oil futures were trending lower Wednesday amid choppy trading ahead of the US Federal Reserve meeting, having surrendered earlier gains on conflicting signals for oil...

US crude oil output remained steady at 12.2 million bpd for a fourth consecutive week, with production again...

Price Reporting Agency Platts has issued a further update for its cash BFOE methodology ahead of the inclusion of WTI Midland crude...

The OPEC+ Joint Ministerial Monitoring Committee (JMMC) has recommended no changes to the producer alliance's current production policy...

Independent refiners HF Sinclair and Hunt Refining Company confirmed...

Asia crude started the new month on a firmer footing Wednesday, as markets improved in terms of both...

Japan's refined product stocks fell across the board last week, including sharp draws of diesel...

The Biden administration has hit out at ExxonMobil's record profits, describing the energy giant's windfall as 'outrageous' after...

Platts confirmed it has amended the methodology used to calculate the Quality Premium applicable to the delivery of Murban crude oil...

OPEC oil output dropped during January, as Iraqi exports declined and Nigerian output failed to build on previous-month's gains...

elow is a list of monthly averages for key Quantum refined oil product spot physical assessments...

Crude prices slid Tuesday as investors awaited the US Federal Reserve's decision on its next interest...

Crude oil futures Tuesday edging higher having reversed earlier losses, as focus switched to macroeconomics and the likely direction of...

Brazil's crude oil exports in December continued to push on to hit a record high after November's figures were revised...

ExxonMobil reported a record $56bn in full-year profits Tuesday following another big quarter..

Norway's sovereign wealth fund on Tuesday reported a record loss of 1.64 trillion Norwegian kroner ($164 billion) for 2022...

US refiners Phillips66 and Marathon both reported a sharp surge in quarterly profits Tuesday...

Underlying volumes in the North Sea Dated Brent benchmark are slated to increases slightly in March...

Benchmark Dubai crude continued to give up recent gains as demand optimism from China gave way to broader...