Crude Oil News

Crude oil futures Friday were drifting lower after surrendering earlier gains amid the uncertain outlook over the OPEC+ meeting and Russian price cap, having earlier...

The European Union agreed a price on Russian seaborne oil exports of $60/b late Friday...

Crude was a touch lower into the European close on Friday but still managed to mark its first weekly gain in four...

German demand for refined products slumped in September, as high energy prices...

All units at the 400,000-bpd Rotterdam refinery are being restarted after BP agreed to the...

Middle East benchmark Dubai crude posted a weekly gain for the first time in a month as prices rebounded on expectations of firmer demand from China, while an expected...

Fuel supply disruptions and record-high prices have driven a sharp acceleration in energy efficiency this year...

Lukoil said Friday it is ready to ensure the uninterrupted operation of the ISAB refinery in Sicily...

Middle East crude prices eased slightly Friday as focus switched to the upcoming OPEC+ meeting and Saudi...

Moscow has turned down a request from Pakistan to supply crude at sharply discounted levels, despite the sanctioned-hit Russia seeking new outlets...

Crude oil futures Thursday were firmer although off from the day's highs as expectations increasingly pivot towards an OPEC+ rollover...

Brent crude futures for February rose 2% day-on-day to end the cash market close at 1630...

India cut its export duties on diesel shipments to their lowest since the measure was first introduced...

Spanish oil company Cepsa will invest €3 billion ($3.15 billion) to build Europe's largest green hydrogen hub in the south of...

EU governments have tentatively agreed to a $60/b a barrel cap on Russian seaborne oil, although the price ceiling will include an adjustment mechanism...

Talks have resumed between a Vitol-backed US private equity group and Lukoil to buy the troubled ISAB refinery in Sicily...

OPEC oil output fell sharply in November, led by top exporter Saudi Arabia and other Gulf members, following the OPEC+ agreement for steep cuts...

Middle East crude prices started the new month on a firm footing Thursday amid a firmer demand outlook...

Crude oil futures Wednesday were trading higher as speculation over the outcome of this weekend's OPEC+ meeting intensified, while markets also found support...

The most liquid Brent futures contract jumped $0.80/b on the day amid speculation about...