Crude Oil News

Divisions between EU members over a plan to cap the price importers pay for Russian crude oil have widened...

Galp's 226,000 bpd refinery in Sines is to close for 25 days of maintenance next month, the company confirmed...

Thailand's crude oil imports bounced 19% month-on-month in August, rebounding from July's maintenance-afflicted...

Brazilian oil and gas major Petrobras and Indian refiner IOC have struck a deal for the supply of up...

Traders cut net long ICE gasoil positions by 29% last week to their lowest in almost two years as...

Middle East crude prices Monday retreated sharply, following the Brent fall from Friday and further losses Monday...

Iraq started crude oil refining at Karbala Oil Refinery over the weekend, supplying refined products...

Brent crude oil futures bounced around in a choppy session on Monday, closing lower again on the day by the European close after having...

Energy security will be the number one priority in the coming months and possibly years amid the growing energy crisis...

UK-based oil majors Shell and BP called on the UK government to abandon two of six climate tests...

Crude futures Friday were in retreat as oil markets headed for a fourth week of losses with stumbling economic growth again...

Crude retreated over $4/b on Friday as bearish sentiment whipped through markets...

There are no plans for the US to limit oil product exports at present despite persistently high prices, energy...

Indian refiners are set to largely avoid purchases of Russia ESPO crude oil this month for delivery in October and November as a result of...

Asian oil demand is unlikely to return to pre-pandemic levels before 2023 as a sluggish performance from China offsets gains from...

Middle East benchmark Dubai crude was slightly lower on the week ending 23 September, as broader recession fears proved a drag...

Middle East crude prices Friday again came under pressure amid concerns over the global economic slowdown, but...

Crude oil futures Thursday were marginally higher in a largely failed bid to claw back some of the previous session's...

Crude edged cautiously back above $90/b on Thursday, but attention remained squarely on monetary...

A fire broke out at Total's Gonfreville-l'Orcher refinery in northern France but was quickly brought under control...