Crude Oil News

3 Aug 2022
Middle East crude prices were little changed Wednesday as Dubai consolidated below $100/b ahead of the OPEC+...
3 Aug 2022
The European Space Agency (ESA) has finally declared its Sentinel-1B satellite lost after more than seven months...
3 Aug 2022
India removed the export duty on jet fuel just one month after introducing the measure while...
3 Aug 2022
Washington has confirmed the latest round of sanctions targeting firms believed to be involved in the sale of...
2 Aug 2022
European gasoline cracks rebounded from a three-month low by the London close on Tuesday...
2 Aug 2022
US refiner Marathon Petroleum saw refining earnings spike to $7.8 billion in the second quarter, more than ten...
2 Aug 2022
Crude futures were rallying at the European close on Tuesday, shaking macroeconomic risk-off sentiment from earlier in the day as...
2 Aug 2022
Asian crude resumed the downtrend ahead of Wednesday's OPEC+ meeting, with Dubai dipping below $100/b for...
2 Aug 2022
Quarterly profits at British oil giant BP tripled in Q3 on soaring energy prices and "exceptional" oil trading...
2 Aug 2022
Ecuador said late Monday it would pay $374 million due to Anglo-French oil company Perenco under a...
2 Aug 2022
Australia's three largest east coast gas exporters have held an emergency meeting to discuss boosting domestic...
2 Aug 2022
OPEC pumped an extra 310,000 bpd in July as rising supply from the Middle East Gulf offset outages in Nigeria and Libya...
1 Aug 2022
Crude oil futures Monday were sharply lower after latest data revealed China's recovery remains fragile in the post-pandemic world, while earlier support from perceived tight supplies...
1 Aug 2022
Refinery margins for gasoline and diesel tumbled to multi-month lows by the European close on...
1 Aug 2022
Russian crude oil output was up 2% month-on-month in July to around 10.8 million bpd, local business daily...
1 Aug 2022
The is to temporarily relax conditions for permitting coal-fired power stations...
1 Aug 2022
An Iranian lawmaker said talks to revive the 2015 nuclear deal, known as the JCPOA, will "probably" resume in Vienna in the coming days...
1 Aug 2022
The volume of bullish bets held by money managers in the key US crude contract has fallen to its...
1 Aug 2022
Asian crude prices opened the week slightly higher as focus turned to Wednesday's OPEC+ meeting, while marine...
1 Aug 2022
Western governments have eased back on immediate efforts to restrict Russian oil sales, delaying plans to exclude Moscow from the essential Lloyd's of London maritime insurance...
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