Crude Oil News

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..

Middle East benchmark Dubai crude posted steep losses in the first week of 2023 following warnings over the state of the global economy and...

Shell trimmed its outlook for oil and gas production in the fourth quarter...

Asian crude oil prices Friday were little changed as markets stabilised following early-week losses...

Backwardation in the European diesel market sharpened on Thursday as imports are set to...

Crude oil futures Thursday were cautiously higher as markets rebounded following the rout that wiped more than 9%...

US commercial crude rebounded to a four-week high at the end of December as a winter cold snap...

Exports of crude oil from the US hit the second highest level on record in November, leaving net imports...

OPEC oil output increased during December led by a recovery in Nigerian supplies...

Saudi Aramco has cut its Official Selling Prices (OSPs) for February-loading crude to Asia...

 The 317,000 bpd Miro refinery shut one of its three crude-distillation units (CDU) for four-weeks...

Asian crude oil prices Thursday booked heavy losses for a second day, catching up with the previous-session's...

 Spain imported 1.13 million bpd of crude in November, preliminary data from Cores...

Crude oil futures Wednesday extended losses after slumping around 4.5% in the previous session, as dire warnings over the state of the global economy...

European gasoil refiner margins hit a near one-month low by the Wednesday London close as TTF...

Chevron Chief Executive Officer Mike Wirth has rejected claims by President Joe Biden that Big Oil's record profits are being made on the back of...

Brazil's exports of crude oil and oil products surged to record highs during November, with their recent upwards...

Investment bank UBS has reaffirmed its firmer outlook for crude oil 2023, citing redirected Russian supplies, chronic underinvestment...

Asian crude oil prices Wednesday slumped by around 6%, more than wiping out the previous-day's gains...

OPEC boosted supplies by 150,000 bpd in December, with Nigeria effectively providing the entire gain as output...