Crude Oil News

New OPEC Secretary-General Haitham Al Ghais said Wednesday that the influential producer group is not to blame for higher oil prices or soaring global inflation...

Saudi Arabian crude oil exports hit a new post-pandemic high in June even as domestic refining...

Crude oil throughput at China's refineries was down in July compared to June as Covid-related lockdowns...

Australia's Santos has given the go-ahead for a $2.6 billion oil field project in Alaska to expand its production beyond the Asia-Pacific region...

Crude oil futures Tuesday were trading lower amid choppy trading conditions, extending losses into a third day...

PMorgan CEO Jamie Dimon has insisted that boosting natural gas production in the US is not at odds with the goal of reducing greenhouse gas emissions...

European diesel and gasoil refiner margins rose for a sixth straight session on Tuesday amid slow...

The European Union said it is studying Iran's response to a "final" draft agreement on reviving a 2015 nuclear accord...

The Middle East benchmark Dubai crude price sunk to six-month lows Tuesday on continued fears over demand growth, while market structure continued to contract...

Pakistan's crude oil and products imports slipped a combined 13% in July as a big drop in gasoil volumes led...

German energy conglomerate Uniper has fired up its oil-fuelled reserve and peak plant in southern Sweden for most of the...

Kazakhstan's crude output for July rebounded 13% as seasonal field maintenance ended, although a...

Benchmark Dubai Tuesday continued the downturn as prices slumped to a six-month low on demand...

Crude oil futures Monday extended losses into a second session after weak data from China, while Saudi Aramco said it could step up output...

Gasoil cargoes with 1,000ppm sulfur landed in northwest Europe narrowed their discount to ultra-low-sulfur diesel cargoes...

Japan's crude oil imports in June fell to their lowest level in 12 months, with high prices and refinery maintenance...

Russia's crude shipments to Asia dropped in the week to 12 Aug 12, retreating to the lowest level since March...

Imports of crude oil into South Korea hit a more than three-year high in July after jumping 28% on the month, as the flow...

Refinery crude oil throughput in China fell to its lowest level in July since the start of the Covid-19 pandemic, with...

Iran is set to respond to the European Union's "final" nuclear deal text by midnight on Monday, Iran's Foreign Minister...