Crude Oil News

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...

Crude oil futures Friday were sharply lower, tumbling to fresh two-month lows as demand concerns and...

Crude smashed through technical resistance levels on Friday, breaking the $90/b level and ending...

Russian oil output in the first half of November has shown signs of edging higher, with reports from the country...

The European Union expects to have its regulations completed in time for the introduction of a G7 proposal to cap the price of Russian crude oil...

Middle East benchmark Dubai crude retreated sharply the week, as concerns over sluggish Asian demand and the wider economic malaise...

Polish refiner Orlen will honour its long-term contracts for Russian oil imports via the Druzhba pipeline, the...

A fire at the 466,000- bpd Mina Al-Ahmadi Kuwait oil refinery has been extinguished by firefighters on...

BP's 400,000 bpd Rotterdam refinery was hit by an unexpected power outage this week with the site...

Middle East crude prices continued the week's sharp retreat Friday as the prompt market structure...

rench road fuel demand fell around 3% in October as widespread industrial action...

Crude oil futures Thursday were in retreat, extending the previous session's losses following an easing of geopolitical tensions...

Crude oil continued to fall on Thursday as demand-related headwinds left the market at a one-month...

The UK government increased the windfall tax on oil and gas companies in Thursday's Autumn...

Gasoline and naphtha inventories in the ARA region both increased this week...

Domestic demand for refined products in India drove crude oil imports to a four-month high in October as the...

Exports of Saudi crude oil hit a 17-month high in September, according to JODI data Thursday...

The US Biden administration has asked Congress to approve a $500 million bill needed to modernize the four sites...