Crude Oil News

Hungarian refiner Mol has left out its Urals refiner margin from its quarterly reporting for the...

The gulf separating Iran and the US has grown further apart since the last round of nuclear talks in Vienna, European Union diplomats said...

Canadian and US oil producer and refiner Suncor was the latest energy company to report bumper profits this week with...

The 2022 Atlantic hurricane season is still expected to be above-normal levels of storm activity, according to forecasts released late Thursday by...

Middle East crude oil finished the week ending 5 August nearly 7% lower, broadly following the global selloff...

A Floating Production Storage and Offloading (FPSO) vessel operated by Shell off Bayelsa coastline has been shut due to water leakage into the facility...

Crude oil futures were firmly caught in the downtrend Thursday following the previous session's sharp sell off as latest US data from the...

European gasoline refiner margins tumbled to their lowest level since the start of the Russian invasion...

US major ConocoPhillips reported another stellar quarter of earnings, telling investors Thursday that it enjoyed...

Oil flows along the Caspian Pipeline Consortium's (CPC) pipeline from Kazakhstan to the Black Sea are seeing...

Trader Glencore has written off the complete value of its stake in Russian oil major Rosneft, saying that it cannot...

Middle East crude was sharply lower Thursday although largely catching up with Brent losses late in the previous...

Premiums for Australian heavy sweet crude oil have remained stubbornly high despite the sharp retreat in 0.5%-sulfur marine fuel cracks

Abu Dhabi National Oil Co. (ADNOC) has cut Official Selling Prices (OSPs) for September-loading crude, with its flagship Murban grade set at

The dislocated global crude oil trade caused by the Ukraine-Russia war has "further to run...

Saudi Aramco has further hiked its OSPs for September-loading crude oil for Asia, largely in line with expectations following the increase in the backwardation...

European gasoline refiner margins fell to a fresh four-month low by the London close on Wednesday...

Crude oil futures were lower Wednesday despite OPEC+ ministers opting for just a modest production hike of 100,000 bpd in September...

US commercial crude oil and gasoline stock rose unexpectedly in the final week of July as refiners...

OPEC+ announced Wednesday a production increase of just 100,000 barrels per day in August, a figure below most expectations...