Crude Oil News

Trinidad and Tobago launched its biggest deepwater oil and gas auction, offering 26 offshore blocks, as the Caribbean state...

Fujairah's oil product inventories surged 16.9% over the week led by a sharp rise in fuel oil and light distillate stocks, as market participants responded to shifting regional supply flows and refinery output adjustments...

US commercial crude stockpiles gained nearly 3 million barrels, while those at the critical Cushing, Oklahoma, hub recorded a modest decline...

Protestors have agreed to suspend a blockade of Libya's Es Sider and Ras Lanuf terminals following talks with state-owned NOC...

Benchmark crude oil futures extended losses Tuesday with focus firmly centred around Trump's energy policies, while persistent industrial...

Crude oil futures Tuesday were marginally higher as markets looked for support following more than a week of declines...

Brazil's Petrobras reported a small decline in oil and gas output last year, dampening expectations of further growth in what was one of the world's fastest growing producers.

Mexico's state-owned Pemex saw crude oil production decline by 2% last month to reach its lowest level in over five years, latest figures...

ExxonMobil's French subsidiary Esso shut an unspecified unit at its 220,000 bpd Gravenchon refinery at the weekend for maintenance...

US refiner Delek reported emissions overnight related to a malfunction at a fluid catalytic converter (FCC) at its 73,000 bpd Big Spring...

Brent crude prices are expected to remain range-bound at $70-$80/b this year as rising global supply outpaces demand growth, analysts...

Protests shut two of Libya's main oil ports Tuesday, blocking up to around 400,000 bpd or a third of the country's exports...

Key OPEC ministers have met in Riyadh after President Trump called on the group to pump more oil...

Middle East crude prices retreated for a seventh straight session Tuesady but remained the strongest global benchmark, while jet...

Russian crude oil arrivals in India are set to continue rising in February despite the latest Western sanctions targeting Moscow's...

Ghana National Petroleum Corporation said Monday parliament member Edward Abambire Bawa has been appointed...

Benchmark crude oil futures opened the week lower as investors deliberated over President Trump's assertive energy policies, while persistent...

US refiner Phillips 66 shut at least two units at its 265,000 bpd Sweeny refinery in Texas on Friday because of a power loss, the company said...

Crude oil futures opened the week lower to extend the price slide that has now wiped over 7% from headline Brent prices....

A large fire appeared to rip through the Khartoum oil refinery at the weekend, Sudan's largest, caught in the middle of bloody...