Crude Oil News

Spain's Repsol has sold 25% of its upstream unit to US institutional investor EIG for $4.8 billion...

Chinese crude oil imports recovered in August after hitting pandemic lows during June and July...

Iraq's lifted August oil output by 67,000 bpd versus July, according to data from state-owned marketer SOMO, but exports from the south of the country continued...

Quantum Commodity Intelligence – UBS sees Brent crude at $125/b by the end of this year and into 2023...

Middle East crude prices Wednesday retreated in line with global benchmarks as Dubai dipped back...

Brent futures Tuesday were lower, largely giving up the solid early-week gains on demand fears as China rolls out...

Front line Brent futures slumped back to seven-month lows in trade on Tuesday as demand...

The gasoline transatlantic arbitrage window sprang into life when underlying paper markets shifted to...

Saudi Aramco has slashed its Official Selling Prices (OSPs) for October-loading crude oil for Asia, largely in line with expectations following a sharp narrowing in the backwardation...

Middle East crude prices Tuesday were slightly lower although benchmark Dubai moved above Brent...

China has called for dialogue and consultation with Russia, rejecting calls for the largest buyer of Russian oil to join G7 proposals for a...

Indian Petroleum Minister Shri Hardeep Singh Puri said the South Asian country will carefully assess whether to support a G-7 proposal to impose a cap...

Crude oil futures Monday rallied after's Friday's decision by the G7 group of nations to impose a price cap on Russian oil exports...

Brent crude rose for the second successive day on Monday at the cash market close in London...

The decision by G7 countries to introduce a price cap on Russian oil exports with the goal...

Funds increased bullish bets on ICE Brent and ICE gasoil to their highest since June...

Middle East crude prices Monday was cautiously higher after Russia's closure of the Nord Stream 1...

Crude oil futures Friday were higher after the US gave unfavorable feedback regarding Iran's latest response, while Russian supply concerns...

Brent crude oil rebounded in trade on Friday, albeit from Thursday's seven month low...

G7 countries announced an agreement to cap Russian oil prices on Friday...