Crude Oil News

The outgoing Secretary General of OPEC, Muhammad Sanusi Barkindo, died suddenly late Tuesday...

Crude oil futures came under huge selling pressure Tuesday amid further inflationary and recession fears, as the US dollar soared to...

Ecuador's oil output has recovered by around 90% since a deal between the government and demonstrators ended nationwide protests late last week, with output up to...

To say crude tanked would be an understatement Tuesday, with the front month contract falling by...

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

Saudi Aramco has sharply hiked its Official Selling Prices (OSPs) on August-loading crude oil for Asia, largely in line...

Middle East crude maintained the week's upwards trend as Saudi announced the widely-expected hike in OSPs, while in products ENOC continued its  gasoline buying flurry...

Crude oil futures Monday were climbing higher, rebounding from earlier losses as demand destruction and crude production shortfalls...

European gasoline cracks rebounded from a six-week low after a fire at Equinor's Mongstad refinery...

Kazakhstan's average June crude and condensate output was down 19% from May and 17% from June 2021...

Saudi Aramco, the world's top crude exporter, is expected to sharply increase OSPs for August to its key customer base in Asia...

Middle East crude markets started the week on a firm footing for both flat price and structure, while distillate cracks...

The Intercontinental Exchange, which hosts the ICE Brent futures contract, plans to include WTI Midland in calculations for its Brent Index...

The total number of positions held by money managers across the five most important crude...

Crude oil futures Friday were rebounding after India announced a steep tax on diesel exports...

The OPEC producer group again missed targets for June as involuntary declines in Libya and...

European diesel and gasoil cracks jumped over $7/b by the Friday close after India introduced...

Thailand's May crude imports were down 15% month-on-month at 1.9 million bpd, while condensate imports...

Middle East crude prices closed lower for a second day running as the new month started on a soft note, while...

Libyan crude oil exports have fallen to a fresh low as the NOC declared a force majeure on the El Feel...