Crude Oil News

Benchmark Dubai Monday was lower for the first time in a week on sluggish China growth and reports that Saudi...

Money managers cut their net long positions in the WTI and Brent crude oil futures contracts...

Saudi Aramco's profits surged 82% in the second quarter of 2022, beating the median of analysts' expectations with the highest quarterly profit since...

Middle East benchmark Dubai crude oil finished the week ending 12 August 4% higher, broadly following the...

European diesel cracks rose again by the Friday close, ending the week nearly $7/b higher, as industry...

Kazakhstan will start testing crude exports across the Caspian Sea via Azerbaijan later this year, with a deal...

Benchmark Dubai Friday increase for the fourth consecutive day oil markets continued to recover from last week's...

German investment bank Commerzbank has revised its year-end forecast for the Brent crude oil price downward...

Crude oil futures in European trading hours Friday were lower but still heading for weekly gains after the...

Chinese energy majors Petrochina and Sinopec announced in separate statements to the New York Stock...

Argentine state-owned oil and gas company YPF said it will increase capex spending for the rest of the year after...

Chinese energy major Sinopec has partially restarted operations at its 320,000-bpd refinery near...

Nine energy companies have bought 20 million barrels in the latest crude oil sale from the US...

Energy majors Chevron, Shell and Equinor have shut in seven crude oil platforms in the US Gulf of Mexico...

European gasoil and diesel cracks rose for a third straight session while backwardation...

Premiums for Australian heavy sweet crude oil have finally seen a sharp retreat from the summer's record premiums...

Crude oil futures Thursday were higher, after the International Energy Agency (IEA) hiked global oil demand growth...

Azerbaijan's crude production slipped 11% month-on-month in July, tumbling as seasonal field...

OPEC has cut its 2022 outlook for global crude oil demand for the third time since April, citing slow economic growth and the impact of...

Russian crude oil flows through the southern branch of the Druzhba pipeline will reach the...