Crude Oil News

The operator of the Trans Mountain Expansion (TMX) crude pipeline is working on allowing loading...

The spread between marine fuel and high sulfur fuel oil in Asia narrowed to the lowest levels since the IMO 2020 sulfur cap took effect half a...

The US Department of Energy will sacrifice meeting its net-zero greenhouse gas emission targets in favour of expanding domestic oil and gas...

BP announced Thursday it is seeking buyers for its struggling 240,000 bpd Gelsenkirchen refinery in Germany as part of a strategy to focus...

Ultra-low sulphur diesel (ULSD) loadings at Russia's main oil terminals at Primorsk and Tuapse are set to reach their highest levels...

The Panama Canal Authority (ACP) has denied a claim by the US State Department that US government vessels, including warships...

South Korea will extend its tax cuts for gasoline, diesel and LPG for three more months as the country's inflation continue to creep higher, the acting president Choi Sang-mok announced...

Middle East crude prices sank to around one-month lows Thursday amid concerns over a tariffs war dampening global trade, while the...

Oil production from the 12 core OPEC members eased for a second month in January as reductions from Nigeria and Iran offset...

South Korean conglomerate SK Innovation expects margins from its oil refining business to stay stable in 2025 after a solid rebound in Q4 as demand for...

Benchmark crude oil futures were in retreat on Wednesday as investors braced for escalating global trade tensions, while LSGO futures...

TotalEnergies' CEO Patrick Pouyanne ruled out any investment in the UK's North Sea because of the legal problems...

US crude oil exports fell by 484,000 bpd in December to 3.85 million bpd, the lowest level in a year, as Chinese refiners pulled back...

US crude processing increased in the most recent week as runs hit their highest rates for the time of year since 2020, US Energy Information...

Crude oil futures Wednesday were in retreat on broader demand concerns, but markets remain volatile amid mixed pricing signals...

Saudi Aramco has sharply increased OSP for its flagship Arab Light crude loading in March, reflecting the surge in spot premiums for...

US gasoline stocks rose again last week, driven by the largest seven-day build in Atlantic coast inventories in more than three years...

South Africa's Sasol warned investors Wednesday to expect a sharp drop in earnings, with repairs to its Natref refinery expected...

Lukoil's 300,000 bpd Volgograd refinery shut down on 3 February following a drone attack that damaged a key distillation unit and...

Production at Iraq's giant Rumaila oil field is still down by around 180,000 bpd or 15%, officials said Wednesday...