Crude Oil News

Premiums for benchmark North Sea grades continued to surge Wednesday with the Forties grade traded at $8/b above cash BFOE...

South Korean imports of Russian crude collapsed to a 14-year low in May, according to data from...

Dubai crude retreated Wednesday following the global crude sell-off, while distillate cracks forged on to fresh all-time...

Russia's state oil producer Rosneft is exploring the feasibility creating a trading venture in Dubai...

Crude oil demand will rise by more than 2 million bpd to reach almost 102 million bpd next year, driven...

Crude throughput in China, the world's biggest importer and second largest consumer, flatlined in...

Japanese gasoline stocks fell to a two-month low despite refineries ramping up and exports...

Azerbaijan's crude oil production fell for a third straight month in May, missing its OPEC+ target again and...

Iraq's Oil Ministry is reviving and expanding a policy of blacklisting companies that work in Kurdistan's...

Commodities trader Pierre Andurand is heading for a stellar first half financial performance, with the largest of his funds returning 162% so far...

Crude oil futures Tuesday were trading lower on the day, following another choppy session that had seen prices hit fresh three-month highs...

Refiner margins for middle distillate rebounded by the European close on Tuesday, snapping...

Feedstock consumption at Shandong's independent refineries rebounded to a four-month high of 8.18 million mt, or 1.93 million bpd...

US president Joe Biden will visit Saudi Arabia as part of a Middle East trip next month, paving the way...

Russia's crude oil and condensate output is up 5% so far this month compared to May as producers have...

Demand for crude oil produced by OPEC members is set to outpace supplies by the third...

Japanese refiner Idemitsu Kosan has announced the first of its plans to wind down its capacity as it braces...

Iraq's State Oil Marketing Organization has increased Official Selling Prices for Asia and Europe in June, while trimming premiums to

Libyan crude oil production has tumbled by over 1 million bpd as the latest wave of nationwide protests...