Crude Oil News
8 Jul 2022
Middle East crude oil finished the week ending 8 July just 2% lower despite a midweek $13/b two-day slump...
8 Jul 2022
Middle East crude price rebounded strongly Friday, while jet and diesel prices surged higher surge higher...
7 Jul 2022
Crude oil futures Thursday were sharply higher but markets remained volatile as recessionary fears vs supply/demand balance...
7 Jul 2022
Brent crude oil futures trended away from the psychological level of $100/b on Thursday, but prices...
7 Jul 2022
UK-based weather agency Tropical Storm Risk has slightly increased its forecast for activity levels in the 2022 Atlantic hurricane season...
7 Jul 2022
The chief economic advisor to Ukraine has written a letter to the CEO of Vitol asking the trading...
7 Jul 2022
US oil products stocks picked up their downward trend again last week as domestic deliveries...
7 Jul 2022
Shell has walked back as much as $4.5 billion of writedowns on its assets it took because of the war in...
7 Jul 2022
Sri Lankan President Gotabaya Rajapaksa said he had spoken with Russian counterpart Vladimir Putin to seek credit help in order to import fuel...
7 Jul 2022
Middle East crude continued to retreat as benchmark Dubai dipped below $100/b for the first time since mid-April...
7 Jul 2022
Kazakhstan's president has said the country needs to find new export routes for its energy, diversifying its...
6 Jul 2022
European diesel and gasoline cracks tumbled to a two-month low by Wednesday's close as recession...
6 Jul 2022
The US and its allies have discussed a price cap on Russian crude oil exports at range between $40 and $60 per barrel...
6 Jul 2022
Crude oil futures Wednesday extended losses following the huge sell-off that saw headline Brent prices drop $10/b in the previous session...
6 Jul 2022
A Commercial Court in Baghdad has declared four oil contracts void this week, as the federal Oil Ministry intensifies its push to implement...
6 Jul 2022
Spanish crude oil imports in May hit their second-highest level on record with US and Canadian...
6 Jul 2022
A Russian court has ordered the Caspian Pipeline Consortium (CPC) to shut its Black Sea export route for 30...
6 Jul 2022
Middle East crude prices tumbled around 8.5%, catching up with Tuesday's oil selloff, while product cracks were hit...
6 Jul 2022
The Japanese government is set to crank up its gasoline subsidy again from this Thursday after...
6 Jul 2022
Strike action by Norwegian oil and gas workers, which threatened to cut its gas exports...