Crude Oil News

A rise in Permian production drove US shale oil output to a three-year high in November, with forecasts showing...

A second independent survey has found a significant miss for OPEC+ in its attempts to rein in production...

Crude and diesel rebounded from last week's lows on supply uncertainties caused by a US pipeline...

Crude oil futures Monday were trading higher, underpinned by supply uncertainties caused by a US pipeline outage and Russian sanctions...

Nigeria's oil output hit 1.185 million bpd in November, up for the second straight month from historical lows...

Personal mobility in China hit a two-month high last week, according to data from search engine Baidu...

Kazakhstan's energy ministry has lowered its production forecast again for the year after a series of incidents slowed...

 Net long positions on ICE Brent crude fell to a fresh two-year low last week...

Dubai crude retreated Monday for a seventh straight session to register fresh yearly lows, while the gasoil market was again under pressure...

North American drilling activity was lower the week ending 9 December as benchmark US crude prices tumbled to a one-year low...

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

OPEC+ crude production fell in November as cuts by Saudi Arabia and other Middle Eastern producers more than offset a rise in Russian and Kazakh supply...

The front two low sulfur gasoil futures flipped back into backwardation by the Friday London...

Russia is considering cutting oil production as one of the measures in response to the decision of Western nations to introduce a price cap, Russian President...

Crude oil futures Friday were trading higher on the day but facing sharp weekly losses, with oil benchmarks near to one-year lows...

China's President Xi Jinping said Gulf states should use the Shanghai Petroleum and National Gas Exchange...

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

Refined product stocks in the EU16 all fell over the month in November, according to Euroilstock data...

Middle East benchmark Dubai crude posted the steepest weekly losses since March as economic headwinds took hold of sentiment...

Diesel deliveries in India hit 1.93 million bpd in November, according to data from the government...