Crude Oil News

Middle East crude prices rebounded after the US threatened a clampdown on Iranian exports, while structure in the naphtha curve has firmed...

Goldman Sachs expects that China's retaliatory sanctions aimed at US goods will have a limited impact, causing only shipments to...

Refined oil product deliveries into the Spanish market from Exolum terminals sunk to the lowest in nine months in December, latest figures...

Norway's Equinor has resumed output at Europe's largest oil field, Johan Sverdrup, after it was knocked offline Tuesday by a power outage

Fujairah's oil product inventories fell 3% from the previous week, with declines in fuel oil and middle distillates outweighing a rise in light distillates...

US President Donald Trump has signed off on legislation aimed at restoring "maximum pressure" on Iran, which are set to impact oil...

A Ukrainian drone strike overnight hit oil storage tanks at the Albashneft refinery in Russia's southern Krasnodar region, igniting a...

Middle distillate stocks in Japan continued to slide during the week ending 25 January as crude throughput in the country fell on the...

US commercial crude stockpiles rose more than 5 million barrels, while those at the critical Cushing, Oklahoma, rose just over 100,000 barrels...

Marathon Petroleum Corp (MPC) sees growth in petroleum product demand for its fuels extending through...

Benchmark crude oil futures rebounded Tuesday as markets braced for restored US pressure on Iran and escalating global trade tensions...

Fuel oil barge trades surged in Tuesday's cash session with liquidity tripling on the day, as traders scrambled for volumes in the wake...

Crude oil futures rebounded on reports that Donald Trump was expected to target Iran with new legislation, lifting benchmarks off...

US President Trump is expected to sign an executive order Tuesday tightening sanctions on Iran, sending oil prices sharply higher on the day.

Shipments of marine fuel to Singapore fell sharply in January, as narrowing price spreads between Europe and Asia reduced arbitrage...

Austria's OMV warned investors it was unlikely to see a recovery in refinery margins this year as it struggles to compete in an overcrowded...

Brazil's state-run oil firm Petrobras saw production decline in the fourth quarter, the company reported on Monday, while falling diesel sales...

Crude oil output in the Canadian province of Alberta reached an all-time high of 4.26 million bpd in December...

Middle East crude prices resumed their downward trend Tuesday as global markets retreated after US tariffs were paused, while the...

Crude oil output from core OPEC members eased by around 70,000 bpd in January after a further decline in Iraq offset modest gains in...