Crude Oil News

Turkey's crude oil imports pulled back from November's highs in December, dropping 8% on the month and 15% on the year to about...

Panama will ensure free passage for US Navy vessels through the Panama Canal and plans to withdraw from China's Belt and Road...

A fire at PBF Energy's 155,000 bpd Martinez refinery in California was brought under control early Sunday, though residual smoke and...

US President Donald Trump has imposed sweeping tariffs on Canadian and Mexican imports, escalating trade tensions and disrupting...

Speculative investors sharply reduced their net long positions in crude oil, diesel, and gasoline last week as US President Donald...

A Swiss court has convicted ex-Trafigura chief operating officer Mike Wainwright of bribing an Angolan official, sentencing him to 32...

North American drilling activity rose for the first time in four weeks, with gains recorded in the US and Canada...

US President Donald Trump's affirmation Friday that his administration will push forward with 25% tariffs on goods from Canada and Mexico...

Phillips 66 warns that some 450,000 bpd of Mexican crude that usually arrives in the US will get redirected to Europe and Asia...

Chevron is looking at more upstream growth opportunities in the US, specifically in the Permian Basin and in the US Gulf...

Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...

Benchmark crude oil futures declined further on Friday to post the second consecutive weekly decline, while LSGO cracks firmed on returning...

ExxonMobil extended its position as the world's top energy major by beating analyst forecasts Friday on the back of record Q4...

Crude oil futures were drifting lower, having struggled to hold earlier gains after President Donald Trump reiterated plans to impose tariffs...

Middle East benchmark Dubai crude was down over 2% following another round of steady declines...

Crude throughput on the majority Shell-owned Mars Oil Pipeline Company system slipped 11% in November 2024...

HSFO cracks in Singapore strengthened , aided by weaker crude, while marine fuel markets saw narrowing spreads amid limited trade...

Deliveries of diesel in Brazil hit a new record high last year, government statistics showed Friday, while gasoline lost ground...

Reports surfaced Friday of a leak at Nigeria's new Dangote refinery, affecting its gasoline-making residual fluid catalytic cracker (RFCC).

Middle East crude prices retreated for an eighth straight session Friday as physical markets, while product cracks...