Crude Oil News

Shipping giant Frontline has terminated plans to merge with rivals Euronav, with behind-the-scenes wranglings...

Russia could adopt additional measures to moderate sharp discounts on Russian oil in order to more align prices to market values...

Middle East crude oil prices Tuesday were lower after the late Brent losses following the Asian close in the previous session...

Brazil's Mines and Energy Ministry has guaranteed domestic fuel supply after supporters...

Crude oil futures Monday were higher as China ended its zero-Covid policy, although markets eased back from earlier highs amid broader...

Backwardation in the European gasoil market nudged higher to a two-month high at the start of the...

Russia has restored oil output at its Sakhalin-1 project after struggling with production following the exit of previous operator ExxonMobil...

Lukoil has agreed to sell its 355,000 bpd ISAB refinery in Sicily to GOI Energy...

Iraqi Minister of Oil, Hayan Abdul-Ghani, announced on Sunday that commercial production at the Karbala oil refinery will start mid-March...

Goldman Sachs maintained its bullish view for crude prices this year, as China's rapid move to...

Marine traffic through the Suez Canal normalised on Monday morning after tug boats towed away....

Chinese refiners have been issued a second set of crude oil import quotas, taking the total...

QatarEnergy and Chevron Phillips Chemical announced they will construct a $6 billion petrochemicals ...

Traders extended net long Brent crude positions in the first few days of 2023 as the outlook...

Norway's oil production is set to exceed 2 million bpd this year, up 6.8% from 2022, the Nor..

North American drilling activity was lower the week ending 6 January, kicking off the new year with a significant drop...

Asian crude oil prices Monday were higher as optimism improved with China reopening, while gasoline...

Qatar is the latest National Oil Company (NOC) to reduce Official Selling Prices (OSPs) for Asian refiners...

Crude ended the worst opening week of the year in many years on a bullish note Friday with...

Crude oil futures Friday were slightly higher, extending the previous session's modest games, which followed one of the worst starts to a new year..