Crude Oil News

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

The January monthly average price for benchmark Middle East Dubai crude climbed by just over 4%...

Oil product demand reached a two-year high last month in Japan, as higher road fuel consumption...

Russian seaborne crude exports have remained mostly intact since the EU imposed sanctions early December, but with major changes emerging in the structure...

The IMF increased its global economic growth forecast for the first time in a year, citing the boost in US spending power, China's reopening and...

Oil futures continued to soften into the end of month as the trade continued to square positions ahead of a series...

More than 40 million people from Texas to West Virginia are under winter weather alerts Monday as a system threatens...

Crude oil futures Monday were drifting lower as ongoing recessionary fears extended Friday's losses, despite rising geopolitical tensions and...

Indian refiners Mangalore Refinery and Petrochemicals (MRPL) and Bharat Petroleum...

BP lowered its forecast for oil demand and global economic growth as a consequence...

A European Commission draft proposal to boost state aid and tax credits for the energy transition aiming to compete with the...

 Portugal's Galp forecast a fall in fourth quarter crude runs and subsequent lower refined product...

Benchmark Dubai crude started the week on a softer note after Friday's late Brent selloff, but...

Traders extended net long positions on Brent crude and diesel in the final days before sanctions...

Bomb-carrying drones targeted an Iranian defense factory in the central city of Isfahan, authorities said Sunday, causing damage at the plant amid heightened...

North American oil drilling activity dropped again in the week ending 27 January, extending the previous week's decline...

Crude oil futures Friday were trading lower after a late selloff pushed prices into negative territory for both the day and the week...

Oil futures gave up all of Thursday's gains by the cash market close on Friday as traders squared off...

US major Chevron reported record annual profits of $35.5bn Friday, more than double 2021...

Mobility during this year's Lunar New Year holidays in China far exceeds 2022 levels by a number of official...