Crude Oil News

Crude oil futures Friday were drifting lower as markets gave up earlier gains and the previous-session's selloff resumed after demand fears...

Taiwan's June crude oil imports slipped more than a quarter month-on-month, with big flows from Saudi...

Middle East benchmark Dubai crude oil finished the week ending 26 August over 5% higher, as East of Suez markets continued to recover from the from the six-months lows...

Thailand's July crude oil imports slumped a third from June and hit their lowest levels since January, customs data...

Middle East medium sour crude oil prices were lower Friday after Brent losses in the previous session although they...

Crude oil futures Thursday were little changed, with the week's firm uptrend still seen intact as markets largely shrugged off any would-be bearish indicators, including...

Brent crude futures settled above $100/b at the London cash market close for the first time in three weeks...

High global energy prices have helped China's refiners reap record windfall profits, as earnings posted Thursday...

Operations at Sri Lanka's Sapugaskanda oil refinery have resumed this week after receiving a cargo of Russian crude oil late last week...

Momentum is building among OPEC members for a cut in crude production in order to stabilize markets, with OPEC's president the latest to back Saudi Arabia's suggestion...

The US state of California is expected to pass a law on Thursday formalising an Executive...

UK crude production slumped to its lowest since 2014 by the end of June, as refinery..

Asian crude oil prices continued to climb Thursday as Dubai hit another three-week high, while diesel cracks in...

European inventories of natural gas are likely enough to last through winter even if flows of gas from Russia's...

Russia has approached several Asian countries to discuss possible long-term oil contracts at steep discounts...

European diesel and gasoil cracks jumped to a near two-month high by the European close of...

Crude oil futures Wednesday were slightly higher, consolidated the week-long rally, which was revitalized Monday after comments from Saudi Arabia...

US distillate stocks fell unexpectedly in the third week of August as exports jumped to a one-month high...

French energy major TotalEnergies has firmly refuted allegations it is implicitly involved in the supply of fuel to the Russian...

Iraq's state oil company SOMO supported Saudi Arabia in saying that thin liquidity and extreme...