Crude Oil News

Saudi Aramco has cut its Official Selling Prices (OSPs) for most December-loading crude to Asian, largely in line with expectations after...

Oil futures Thursday were trading lower as crude benchmarks struggled to hold the previous-session's gains amid further uncertainty...

Crude prices retreated on Thursday on downbeat economic data, while gasoil futures moved

Gasoline held in the ARA region has dropped to an 18-week low on steep backwardation and tight supply...

Next month's EU embargo on Russian crude oil imports will give a further lift to the oil tanker market...

Fire crews were called out following a blast at a Valero-operated refinery in Corpus Christi, Texas, for what was described as...

Oil major TotalEnergies said on Thursday it was taking legal action against Greenpeace...

A US/Dutch outfit called ZeroSix plans to generate carbon offsets for plugging old oil and gas wells that leak...

Middle East crude oil declined further Thursday as fears over sluggish demand, particularly from...

Russia was India's top oil supplier of crude oil in October, edging past the traditionally dominant suppliers Saudi Arabia and Iraq...

OPEC oil output fell in October for the first time since June on lower exports from African members and reduced output from some Gulf producers...

Crude oil futures Wednesday saw another choppy day of trading activity amid uncertainty over the short-term outlook, with a fall in US crude stocks and output...

A middleman paid by Glencore flew cash in private jets across Africa to bribe officials, a London court was told...

Crude rose and diesel fell on Wednesday as more French refineries were set to come back online...

Commercial US crude oil stocks surprisingly fell in the final week of October even as exports slowed...

Falling production knocked Venezuela's October oil exports to the fourth lowest monthly average this year...

Adnoc has awarded three further agreements valued at $4 billion to support its ambition of boosting crude oil production capacity to...

Middle East crude oil prices edged lower Wednesday as China showed no signs of Covid restrictions easing , while distillates values in Asia also came under pressure...

OPEC's crude oil output held steady last month after the group pledged a symbolic cutback of 100,0000 bpd...

Crude oil futures Tuesday were higher with markets again torn between concerns over supplies ahead of further EU sanctions on Russia...