Crude Oil News

Brazil's crude output continued to creep higher through October and hit a fresh record...

Brent crude oil and oil product markets tumbled by the Monday European close as China reported a fifth...

Adnoc has confirmed plans to accelerate its oil production capacity to 5 million bpd by 2027...

Investors cut net long positions on ICE Brent crude futures last week by 36% as oversupply concerns...

BP has said it is weighing whether it will continue to publish its annual supply and demand survey of the global...

Adnoc will cut December crude term volumes to some Asia-based customers but will provide full allocations volumes in January

Shell Plc is selling its stakes in a group of North Sea oil fields...

Crude and some refined products have shifted to contango on increasing signs of oversupply and poor demand...

Benchmark Dubai prices slumped to the lowest level of the year as the deteriorating Covid situation...

Personal mobility in China dropped to a seven-month low last week, according to data from search engine Baidu...

Thailand's crude oil imports fell for a third consecutive month in October, slipping to their lowest level since...

The US has given permission for energy giant Chevron to resume oil production in Venezuela...

Workers at BP's 400,000-bpd Rotterdam refinery are restarting one of two crude distillation units (CDUs)...

Crude oil futures Friday were trending lower as investors wait for further clarity on the Russian price cap talks ahead of...

Brent crude was broadly flat in a thin Friday session, as structure turned to a small contango..

Poland is seeking German support to impose EU sanctions on the Polish-German section of the Druzhba crude pipeline so Warsaw can abandon a deal to buy Russian oil...

Saudi Arabia and Iraqi have reiterated the importance of adhering to OPEC+ output cuts that last until the end of 2023...

Middle East benchmark Dubai crude retreated for a third consecutive week as concerns over slow demand growth, particularly in China...

Ghana is looking at a new policy to pay for oil product imports in gold to try and shore up...

Asian crude prices staged a strong rebound Friday as leading OPEC officials reaffirmed commitments...