Crude Oil News

Crude oil futures Tuesday were in sharp retreat as inflationary and recessionary concerns outweighed...

Brent futures were pegged slightly higher on Tuesday versus Friday's close by the cash market close...

The CEO of the Nigerian National Petroleum Corporation (NNPC) has targeted..

Funds held the biggest speculative net length in diesel in almost two months as of last week, CFTC data showed, as gas prices in Europe soared again.

BP's 430,000 bpd Whiting refinery is expected to restart this week, alleviating the squeeze on gasoline supplies...

Russia's crude oil output fell 2% in August compared to July due to field maintenance and as Gazprom slowed...

Asian crude oil prices continued to climb Tuesday, having gained in five of the last six sessions, while distillate cracks...

The world needs more oil and gas to deal with an energy shortage while pushing to transition to renewable supplies...

Crude oil futures in Monday were sharply higher as prices continued to enjoy support after OPEC members flagged a potential output cut, while...

Middle East medium sour crude oil prices were higher Monday, building on the previous week's solid 5% gains, while...

Commentary suspended due to closure of cash markets due to UK holiday

Imports of refined products into Mexico reached a fresh high in July while domestic deliveries dipped slightly from the prior...

China's Sinopec posted a record profit for the first six months of 2022 despite its crude oil processing...

Singapore has fined commodities trading outfit Noble Group S$12.6mn (US$9.1mn) for publishing "misleading information" in its financial statements...

Iraq's Oil Ministry is threatening to take aggressive international legal action to stop the Kurdistan region from continuing to export crude oil independently of Baghdad...

North American drilling activity increased during the final week of August, as the rig count snapped a three-week decline…

The Environmental Protection Agency temporarily lifted a federal rule for fuel sales in four states in response to a fire last week at BP's Indiana refinery...

Quantum Commodity Intelligence - Iran said back-and-forth exchanges with the US over a European Union proposal to revive the nuclear deal will last into September...

European gasoline cracks dropped below $10/bl this week for the first time since March...

ICE October Brent fell back below $100/bl in choppy trading on Friday, as Federal Reserve chair..