Crude Oil News

Crude oil finished higher on Friday and was on course to make it a second winning week in a row as Russian threats...

Energy major Shell has agreed to pay €15 million ($15.9m) to local communities in Nigeria which...

Crude oil prices in Asia were lower at the end of the week amid thin holiday liquidity, while the products market...

Finnish refiner has received €27.7 million ($29.4m) in EU funding this week to develop green hydrogen...

Crude oil futures were trading higher on Friday amid thin holiday liquidity and after Russia threatened to cut its output in response to a western-led price cap on its oil...

Crude oil gave up its early gains during the European afternoon session on Thursday as US economic data came...

Crude oil futures in European trading hours Thursday were climbing higher, consolidating the week's gains...

Crude prices in Asia Thursday continued the firm end to the year, with gains since Monday now standing at around 4.5%, while activity in refined products...

Crude oil futures Wednesday climbing higher after latest inventory data from the US revealed a drop...

Crude oil and product prices were higher in Europe on Wednesday as US data showed a big draw in...

Norwegian energy firm Equinor has handed a €3.5 billion ($3.7 billion) cash injection to subsidiary Danske...

US President Joe Biden said last month that the multi-state deal with Iran to limit its nuclear program was "dead,"...

US commercial crude oil stocks tumbled by nearly 6 million barrels during the second week of...

Japan's refinery run rates were up 2% last week and helped contribute to a rise in product stocks across the...

Renowned oil historian and energy consultant Daniel Yergin expects another volatile year for oil markets in 2023 and while expecting prices to average around $90/b...

Mobility in the world's second-largest oil-consuming nation has fallen 20% in the first three weeks of...

Germany biofuel producer Verbio will expand its offering to the petrochemical sector, using RME as a...

Dubai's Department of Petroleum Affairs has reduced the Official Selling Price (OSP) for Dubai crude loading in March to a discount of $0.10/b...

Pakistan's crude oil imports continued to recover in November as they climbed another 2% month-on-month, while...

Crude prices in Asia Wednesday were higher for a second session, while key products outstripped the rise in crude...