Crude Oil News

India's crude oil production fell to a three-month low in June, falling below the target for the first time...

Seven associations representing much of the country's oil and gas industry have written to...

Top oil hedge-fund manager Pierre Andurand said Friday that oil demand growth is running below the long-term trend...

Kuwait's new 615,000 bpd Al-Zour refinery is slated to produce volumes of 0.5% sulfur marine fuel online that...

Saudi Arabia's crown prince received a phone call from the president of Russia this week...

Middle East crude oil finished the week ending 22 July 4.5% higher, posting firm gains at the start of the week as the US came away empty handed...

Middle East crude prices were slightly higher Friday to end the week on a positive note and ate further into...

Crude oil handled by the Port of Rotterdam during the first half of the year hit a five-year high...

Crude oil futures Thursday were lower on the day with the restart of the Nord Stream 1 pipeline, although there was no change in broader oil fundamentals...

Brent futures lost some ground on Thursday falling to the lowest cash market finish in four...

Securing European energy security and making sure that fits its green goals will cost €10 trillion in cumulative...

The OPEC producer group has approximately 3 million barrels per day of spare capacity, while Saudi Arabia is unlikely to change...

A slump in crude demand in China is unlikely to be solely due to Covid with record low naphtha cracks...

Middle East crude prices were in retreat Thursday as global prices took a knock, while gasoline cracks fell to a one...

Profits at oil trader Gunvor soared in the first half of the year as the company took advantage of energy market...

Libyan crude oil production is set to rebound to normal levels over the next week to 10 days...

Shell is exploring a sale of its stakes in two Gulf of Mexico oil and gas developments which could fetch as much as $1.5 billion for the energy major...

A price cap on Russian oil should go into effect alongside the December implementation of the European Union's restrictions on insurance...

Crude oil futures Wednesday were slightly lower on the day, initially pegged back by ongoing concerns over global inflation and weaker oil data...

Crude futures rose for the third day out of four on Wednesday as the US reported a fall in commercial...