Crude Oil News

Crude prices surged on Tuesday as the market continued to unwind the impact of Monday's dismissed reports...

The European Commission has proposed a cap of €275/MWh ($283) on gas prices in a bid to shield consumers...

Crude oil futures Tuesday were slightly higher as markets stabilized following the previous-session's huge price swings...

The US will start buying back oil to refill depleted Strategic Petroleum Reserve tanks when spot oil prices are in the low $70 per barrel...

Bulgaria's government has agreed to allow Lukoil's Burgas refinery to continue exporting oil products under...

BP will not restart its Rotterdam refinery after last week's shutdown because of strike action...

An increasing number of tankers which previously sailed under European Union flags, such as Cyprus' and Malta's, are leaving those registers...

Norway's oil output was up 6% month-on-month to a two-month high in October but still came in below forecast...

Middle East crude prices rebounded Tuesday as markets remained in a state of flux after Saudi dismissed...

Crude oil fell sharply on Monday as rumours that Saudi Arabia could call for an increase in crude output at next...

Saudi Energy Minister, Prince Abdulaziz bin Salman, has denied media reports that the world's biggest...

Crude oil futures rebounded Monday after testing 10-month lows after Saudi Arabia denied a report...

Crude intake in the EU-16 fell to a five-month low 9.25 million bpd in October...

ExxonMobil said they do not expect any impact on fuel supplies from its Fawley refinery in the UK..

Both Saudi Arabia and Russia saw their market share in the Chinese crude oil imports fall in...

North American drilling activity was marginally higher in the week ending 18 November, oilfield services firm...

Middle East crude prices were in sharp retreat Monday, slumping to the lowest level since the start of the...

The volume of oil at sea is at its highest since May 2020, investment bank UBS said Monday..

Investors cut bullish positions on crude and product futures last week as attention shifted...

Goldman Sachs has cut its forecast for Brent futures by almost 10% on the back of concerns...