Crude Oil News
15 Nov 2022
The IEA lifted its oil demand forecast for this year on an upward revision to Chinese consumption...
15 Nov 2022
US tight oil output is forecast to continue rising to fresh post-Covid highs next month although growth remains...
15 Nov 2022
QatarEnergy has issued a sell tender for three cargoes of its keenly-watched Al Shaheen grade, loading in January, with premiums for Middle East sour crude grades...
15 Nov 2022
Middle East crude prices were in sharp retreat Tuesday, largely eroding the gains from late last week...
15 Nov 2022
Traders extended bullish bets on ICE Brent crude futures last week to their highest since January...
15 Nov 2022
China's sharp growth in crude processing at its refineries eased output in October, as...
14 Nov 2022
Crude oil futures Monday were sharply lower, giving up earlier gains as the market struggled to consolidate the increases...
14 Nov 2022
European diesel refinery margins rebounded at the start of the week as workers at the BP Rotterdam...
14 Nov 2022
The European Union is "ready to go" with an effort to impose a price cap on Russian oil, Ursula von der Leyen...
14 Nov 2022
OPEC has made another cut to its global oil demand growth forecast, shaving around 100,000 bpd from its projections...
14 Nov 2022
The 230,000-bpd Duqm Refinery, located 550km south of Muscat, will start its commercial...
14 Nov 2022
Kuwait has reduced its Official Selling Prices (OSPs) for crude loading in December...
14 Nov 2022
pain's crude oil and refined product imports fell to multi-month lows in September
14 Nov 2022
Middle East crude prices were little changed Monday as East of Suez markets consolidated the gains from...
14 Nov 2022
China's purchases of Russian oil are "completely consistent" with Western plans to keep Russian crude on the world market and Beijing will benefit from the new price cap mechanism...
14 Nov 2022
North American drilling activity climbed higher in the week ending 11 November, oilfield services firm Baker Hughes reported...
11 Nov 2022
Crude clawed back some of the week's earlier losses on Friday amid reports China
11 Nov 2022
Crude oil futures Friday extended the previous session's rebound as China indicated a significant step in relaxing Covid restrictions...
11 Nov 2022
Azerbaijan's crude oil output continued to edge higher through October, gaining another 3% from...
11 Nov 2022
India has stepped up shipments vacuum gasoil (VGO) to the US this year in an unusual trade flow for the oil product...