Crude Oil News

Ongoing industrial action at the French ExxonMobil oil refinery in Fos-sur-Mer is forcing the operator...

Middle East crude oil finished the week ending 1 July higher...

Brazil's imports of refined products reached a more than five-year high in May as diesel inflows remained strong...

India, one of the biggest exporters of diesel to Europe in recent weeks, has slapped a steep INR13/l...

Australian heavy sweet crude oil has surged to record premiums this week, as soaring 0.5% sulfur fuel oil boosted demand for the low-sulfur...

Crude oil futures Thursday showed further signs of weakness after the previous session's selloff, which came as the latest EIA data revealed...

The creation of what Russia has described as a "buyers cartel" to limit the Russian oil price will lead to the market imbalance and higher international prices...

Brent gave up all of the last two days of gains, with futures pegged at $115/b by...

A strike by Norwegian oil workers across three oil and gas rigs will "eventually" impact Norway's oil....

OPEC+ ratified Thursday its previously-announced plans to increase output quotas by a combined 648,000 bpd August...

The June monthly average price for benchmark Middle East Dubai crude gained nearly 5% versus the previous month...

Middle East crude prices closed lower for the first time in five sessions but gained on Brent, while distillate cracks...

Crude oil futures Wednesday were slightly lower on the day but largely consolidating the week's firm gains as...

European gasoline cracks hit a one-week low by the Wednesday London close after the EIA reported...

US product stocks were finally building again over the past fortnight, giving some relief to...

China will introduce subsidies for refiners to help keep domestic fuel prices down if international crude oil prices hit over...

Indirect negotiations between Iran and the US over Tehran's suspended nuclear deal with world powers in Qatar...

Demand for heavily discounted Russian Urals crude meant output is up 5% month-on-month...

Uncertainty in global oil and gas markets could remain for some time to come as spare capacity is very low while demand is still recovering, Shell CEO...

Middle East crude prices tracked higher for the fourth consecutive session Wednesday as the market's focus...