Crude Oil News

ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block...

Asian crude tumbled sharply Wednesday with benchmark Dubai crude seen heading for a soft expiry, while middle...

Japanese gasoline stocks reached their second lowest weekly level in nearly two decades at the...

Saudi Crown Prince Mohammed bin Salman (MBS) this week embarked on his first official visit to the European Union, signing an energy deal with...

A Crude oil spillage from one of state-run PDVSA's joint ventures has hit an environmentally sensitive area in Venezuela's eastern region...

Crude oil futures Tuesday were little changed ahead of Wednesday's US Federal Reserve interest rate decision, having given up earlier gains on reports...

The US will sell a further 20 million barrels of crude oil from its Strategic Petroleum Release as...

European diesel and gasoil refiner margins took back their prior session losses by the Tuesday close after Dutch TTF...

Libyan crude oil production reached 1.025 million bpd on Tuesday as the country's oil...

Iraq's oil production received a healthy boost in June, with a monthly increase of 153,000 bpd taking output to....

Asian crude markets rallied strongly Tuesday as attention once again switched to the potential crunch on...

It will be another two years before refining capacity outside of China catches up with pre-2020...

Crude oil futures Monday were trading higher, as tight supplies outweighed ongoing concerns over slowing demand growth...

A rally in gas prices set the bullish tone for the start of the week on Monday, although the London...

Earnings at Portuguese refiner Galp Energia have soared past analyst expectations, posting a 90% jump from...

Compliance levels among members of the OPEC+ producer alliance soared to a record 320% in June, up from...

Middle East crude prices opened the week lower as demand concerns continued to weigh on sentiment, while...

Output of refined products in Brazil in June rebounded from May's three-month lows led by gains in diesel, which...

Crude oil futures Friday were slightly higher, as markets as switching back to the supply side and potential shortages...

Crude crept marginally higher by the cash market close in London for what has been a relatively...