Crude Oil News

Crude oil futures Wednesday were trading higher, building on the late gains from the previous session, which came on reports...

Crude futures experienced a modest rebound at the cash market close, climbing on reports of...

Pakistan's crude oil arrivals in August fell 9% month-on-month as high prices deterred buying earlier in the...

The looming US rail strike is set to have a major impact on US manufacturing and the oil sector...

US gasoline stocks drained to a ten-month low on higher outflows last week, EIA data...

A critical maritime bottleneck in the Baltic Sea has been caught up in the European Union's sanctions targeting Russia...

Global oil demand growth will slow to a halt by the end of the year on a faltering global economy...

Middle East crude prices Wednesday registered a daily loss for the first time in a week, while distillate cracks...

The German petrochemical sector is set to shrink 8.5% this year as it struggles to pass on soaring...

The EU has backed away from a price cap on natural gas and has instead aimed to raise more...

The Japanese government is set to lower its gasoline subsidy from this Thursday, it announced on...

Crude oil futures Tuesday were lower amid choppy trading, giving up earlier gains after US consumer prices rose in August...

Oil prices are trading around their 15-year average and are priced fairly for now, although they are more likely...

Crude retreated on Tuesday as higher-than-expected US inflation pushed economic concerns...

Oil trading giant Vitol Group has smashed its previous record by making more profit in the first half of 2022 than...

Iraq's State Oil Marketing Organization has cut Official Selling Prices for Asia in October while trimming Dated Brent-related premiums to Europe...

Russia's energy revenues slumped in August and government spending soared, eating into a budget surplus...

OPEC is sticking to its upbeat view on the global economy, despite minor revisions to some countries, notably China...

Hurricane futures will be relaunched next year as an alternative to traditional traded industry...

Middle East crude prices Tuesday maintained the firm upwards trend, while HSFO differentials continued to fall amid...