Crude Oil News

Crude oil futures Monday rebounded strongly in late-afternoon trading, retracing the earlier $3/barrel losses to move into positive territory...

Crude oil futures ended the cash market close at the lowest level in four days on Monday, but product...

Crude oil production from OPEC and its allies rebounded modestly in May following a steep drop in April but the group remains...

Energy major BP has walked away from its oil sands investments in Canada as part of a realignment of its...

QatarEnergy has issued a sell tender for two cargoes of its keenly-watched Al Shaheed grade, loading...

Dubai crude retreated sharply Monday as Covid fears and the Asian equities sell-off dragged oil lower, while...

Speculative net length in crude oil futures hit the highest level since the last seven days of...

The White House plans to announce this week a trip by President Biden to Saudi Arabia...

Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis...

China has reported an increase in Covid-19 cases on Sunday, as the capital Beijing battled a resurgence in infections and a border outbreak...

Brent crude futures ended the cash market close down on the day, reversing the last two...

India's crude imports from Russia have topped 1 million bpd so far in May month as the country's refiners step...

Crude oil futures Friday tumbled during early US trading hours after latest data showed US consumer price growth resumed its rapid rise in May...

Trader Trafigura posted a record-breaking set of half year results, with profits at the staff-owned firm hitting...

Middle East crude oil finished the week ending 10 June higher as prices hit fresh three-month peaks, again underpinned by healthy demand and...

Middle East crude ticked higher Friday as markets largely shrugged off demand slowdown fears as China...

A second wave of protests swept across Libya at the end of this week, with the two eastern oil...

A senior White House official has strongly criticized 'Big Oil' for raking in huge profits in the wake of Russia's invasion of Ukraine...

Diesel refiner margins soared to their second-highest print on record at the European close on...

Crude oil futures Thursday were little changed, largely maintaining the post-OPEC+ gains as the demand recovery and tightening supplies...