Crude Oil News

Crude pushed higher again in the Friday session, extending gains on OPEC+ production cuts...

The Biden administration is preparing to scale down sanctions against Venezuela, allowing US oil major Chevron to resume pumping oil...

The UK has issued a new round of licenses for exploration and development of oil and gas in the North Sea...

Adnoc has cut Official Selling Prices for November-loading crude, with its flagship Murban grade set at

Middle East benchmark Dubai crude raced higher the week ending 7 October, as Wednesday's OPEC+ meeting dominated...

Benchmark Dubai crude registered gains for a fourth consecutive session Friday as the ripple effect from...

Operations have been disrupted following a  fire at Marathon Petroleum Corp's refinery in Garyville...

Crude consolidated recent gains on the decision by OPEC+ to cut output by a sharp 2 million bpd...

The decision by OPEC and its allies to slash oil production has been viewed as a major snub by the US and Washington set to hit back...

France has turned to strategic reserves and higher imports to help alleviate fuel shortages

Crude oil futures Thursday were higher after consolidating the week's firm gains, bolstered by the OPEC+ decision...

The OPEC+ group's decision to reduce output from next month will see daily production fall as much as 1.4...

Norwegian crude oil production is set to rise by 15% next year as output from the Johan Sverdrup field...

Asian crude oil markets continued the week's firmer tone Thursday in a positive reaction to the headline cut in...

Saudi Aramco has kept its Official Selling Prices (OSPs) for November-loading crude largely stable on sales into Asia, at the low end of expectations after...

Repsol's 180,000 bpd refinery in Tarragona has started a two-month planned maintenance...

A barrage of bullish news lit a fire under oil and product prices on Wednesday as a long-expected...

Crude oil futures Wednesday were climbing higher after consolidating the steep two-day gains this week, as OPEC announced...

OPEC+ announced Wednesday a production cut of 2 million bpd barrels per day from November, which was at the higher end of...

US commercial crude stocks fell to a one-month low at the end of September...