Crude Oil News

North American drilling activity was lower the week ending 16 December, falling for the second consecutive...

Crude prices were down for a second session during European trading hours on Friday, with concerns over demand...

 The US Department of Energy announced Friday it was seeking 3 million barrels of sour crude...

The introduction of the price cap mechanism on Russian seaborne oil exports by the Group of 7...

Middle East benchmark Dubai crude posted the steepest weekly gains in over two months amid a more optimistic outlook...

Crude oil futures Friday were drifting lower as traders closed out positions for the week, or even the year...

The Indian government has further cut export duties on diesel and jet fuel shipments as refiner...

The ethics council of Norway's sovereign wealth fund has blocked the world's biggest investment pot from taking...

QatarEnergy has awarded its monthly Al Shaheen tender for February at the lowest levels since the summer of 2021...

Asian oil prices eased back Friday as concerns over economic growth returned, scaling back otherwise...

Global coal consumption is set to hit a record high this year and stay at similar levels for some time...

Crude oil futures Thursday were trading lower, surrendering some of the week's firm gains after the dollar rebounded from multi-month lows after the Fed rate hike...

Crude oil gave up most of Wednesday's gains on Thursday, with the front month contract coming...

Norway's Equinor announced Thursday it has started production on Phase 2 of the giant Johan Sverdrup field, boosting output to...

Saudi Aramco has partnered with French energy major TotalEnergies to develop a petrochemical facility in Saudi Arabia...

South Korea's November crude oil imports edged higher after a 3% rise lifted monthly volumes back above 11...

Nigeria expects oil production to hit 1.6 million bpd by the first quarter of next year...

Keystone oil pipeline operator, TC Energy Corp., has restarted a segment of the 622,000 barrel per day pipeline...

Australia's diesel stocks swelled in October as domestic consumption declined...

Asian oil prices booked a third consecutive increase Thursday, with Dubai now up by over 8% since...