Crude Oil News

Libya's NOC has declared force majeure at the oil terminals of Es Sider and Ras Lanuf due to ongoing...

Crude oil futures Tuesday were higher on the day amid growing fears over oil supplies after French President Emmanuel Macron flagged OPEC's...

European product refiner margins were down across the board by the European close on Wednesday...

The US Coast Guard has blocked the unloading of an oil tanker charted by Swiss trading house...

G7 members will explore ways of curbing energy costs, including via possible caps on the price of oil and gas...

Sri Lanka has announced a two-week halt to all fuel sales except for essential services and appealed to the private sector to...

Middle East crude continued the week's firmer trend Tuesday, with those gains eating further into spot cracks in...

Global primary energy demand rose nearly 6% in 2021, overtaking 2019 levels by 1.3%....

China has issued a further 52.66 million mt of crude oil import quotas to independent refiners...

French President Emmanuel Macron let slip Monday that the UAE's leader recently told him on a call that two of OPEC's leading oil exporters...

Top US energy support company Schlumberger is to exit Iraq's Kurdistan region following an Iraqi federal court ruling which deemed...

Leonid Fedun has stepped as Vice President for Strategic Development at Lukoil, effective June 27, after...

Crude oil futures Monday were trading higher as G7 talks continued with further sanctions against Russia topping the agenda...

G7 leaders meeting in Germany Monday have pledged a new round of sanctions targeting Russia, which could include...

Diesel and gasoil crack fell to two-week lows by the European Monday close amid muted buying...

A low-pressure weather system currently making its way across the Atlantic has been given a 90% chance of intensifying into a storm...

Weekly US oil demand, production and trade data produced by the Energy Information Administration....

Producer group OPEC+ cut its projected 2022 oil market surplus to 1 million barrels per day (bpd), down from...

Iraq's State Oil Marketing Organization has awarded its tender for Basrah Medium at a premium to the OSP

The Council of the EU, which represents member state governments in the bloc's legislative process, has proposed new...