Crude Oil News

Abu Dhabi National Oil Co. (Adnoc) and ExxonMobil are exploring a major expansion of the giant Upper Zakum oil field that might push it well above...

Libya's recovery, along with growth by core Gulf members, drove OPEC+ crude production in August to its highest level since April 2020...

China will tighten Covid-19 restrictions on domestic travel from Saturday until the end of October, covering two public holiday periods and the ruling Communist Party's...

Oil and gas companies are spending only a small amount of their capital expenditure budgets on low-carbon investments this year, despite…

The US Biden administration is not discussing whether to unleash another round of emergency oil from the national stockpile at this time...

Crude oil futures Thursday were cautiously higher, recovering from the seven-month lows...

Crude slipped to a fresh eight-month low on Thursday and product cracks fell, as US stocks..

Inventories of crude, gasoline and diesel all rose in the last week of the official driving season...

Nigerian oil workers are threatening to shut down operations if the government doesn't step up...

An increasingly tight diesel market will keep refineries running full-out for the rest of the year...

Abu Dhabi National Oil Co. (ADNOC) has cut Official Selling Prices (OSPs) for October-loading crude, with its flagship Murban grade set at

Middle East crude prices Thursday slumped for a third day although Dubai flipped back above...

A revived nuclear deal between Iran and world powers is off the table and will not be signed in the foreseeable future...

Crude oil futures Wednesday tumbled to seven-month lows as recessionary fears returned as the primary driver of market sentiment...

Diesel futures defied the laws of gravity on Wednesday, rising against a falling crude and gas complex.

New UK Prime Minister Liz Truss told Parliament she wants to see more North Sea oil and gas production to bolster energy security, but also faced calls to tackle...

High-sulphur fuel oil (HSFO) in northwest Europe is now more than $50/mt above the Mediterranean...

S&P Global Commodity Insights (Platts) will include the NuStar Corpus Christi, Texas North Beach terminal as a loading terminal for WTI Midland crude oil in its Dated Brent...

President Vladimir Putin said on Wednesday that Russia will stop supplying gas and oil if price caps are imposed, while adding Russia is ready to supply gas via...

Japanese refiners ramped up output of middle distillates to a six-month high by the start of...