Crude Oil News

Indian government policy think tank NITI Aayog has proposed plans to capture and store up to 750 million mt of carbon...

Commercial US crude oil stocks tumbled in the final week of November as refineries unseasonably...

US gasoline stocks build for a third straight week to hit their highest levels since mid-September...

The November monthly average price for benchmark Middle East Dubai crude was down over 5% versus the previous month...

Essar Oil will construct a £360 million ($432m) carbon capture device at its Stanlow refinery...

Japan's oil product inventories topped 70 million barrels for the first time in nearly two years last week...

Dubai crude eased slightly weaker Wednesday although staged a relatively strong expiry, while while distillate cracks continued to show improvement...

Japan's refineries ran 4.4% more crude in October compared to a year ago, as distillate output...

Underlying volumes in the North Sea Dated Brent benchmark are set to ease in January...

Norway is postponing its next round of new oil and gas exploration licences by a further three years as part of a domestic political deal...

Crude oil futures Tuesday were slightly higher, having given up earlier gains after prices rebounded...

Crude oil futures recovered much of the ground lost at the start of the week, bouncing off 11-month lows as the...

The OPEC+ oil producer group is likely to take further measures to stem a price decline and try to balance the market...

Around 25% of Hungary's fuel stations are short of fuel after the nation's biggest supplier MOL...

The Italian government is ready to nationalise Lukoil's ISAB refinery in Sicily...

Polish energy group Orlen reported a 26% jump in throughput in the third quarter...

Dubai crude prices staged a strong rebound Tuesday with Middle East producers expected...

Union workers at BP's 400,000-bpd Rotterdam refinery are keeping the Fluid Catalytic Cracking...

December exports of US crude WTI are likely to fall because of record high freight rates and weather-related disruptions to export operations...

Brent crude futures staged a late surge Monday to move into positive territory on reports OPEC+ may consider a further output cut, reversing earlier losses...