Crude Oil News
1 Jun 2022
Woodside Energy Group Ltd. and BHP Group Ltd. have completed the previously announced merger...
1 Jun 2022
The EU's pledge to phase out most Russian crude oil imports by the end of this year could paralyse...
1 Jun 2022
Japanese oil products output tumbled 12% in the final week of May to levels not seen since...
1 Jun 2022
Russia's Rosneft awarded 900,000 tonnes of ESPO Blend crude oil loading in June from Kozmino port in the country's far east to Unipec...
1 Jun 2022
The EU and UK will halt Russian oil cargoes from their insurance markets as part of a latest round of sanctions...
1 Jun 2022
Some OPEC members are exploring the idea of suspending Russia's participation in an oil-production deal as Western sanctions and a partial European ban begin to...
31 May 2022
Crude oil futures Tuesday retreated sharply from earlier highs as inflationary fears triggered the initial retreat, while prices dropped further on reports that OPEC+...
31 May 2022
Gasoil and diesel refiner margins jumped to their highest level since the start of May by the....
31 May 2022
Hoarding by end-users scared of further price rises has masked recent weakness in the commodity market, but there...
31 May 2022
A leak in the Sarir-Tobruk pipeline in Eastern Libya due to underinvestment has knocked...
31 May 2022
Diesel sales in Brazil dropped to a 3-month low in April but remained elevated versus historical levels, while...
31 May 2022
The May monthly average price for benchmark Middle East Dubai crude gained more than 5% versus the previous month, Quantum data revealed...
31 May 2022
Japanese crude oil stocks jumped to an eight-month high in April and imports rose for a third...
31 May 2022
Dubai crude registered another upwards move Tuesday to register near three-month highs, while jet fuel...
31 May 2022
UAE's oil-rich emirate of Abu Dhabi is forecast to pump on average 3.1 million bpd in 2022, according S&P Global Ratings, as OPEC+ members continue...
31 May 2022
The EU's decision to phase out most of its Russian crude oil imports will tighten the...
31 May 2022
Underlying volumes in the North Sea benchmark Dated Brent will increase sharply July following the completion of maintenance at...
31 May 2022
European Union leaders agreed to a compromise deal late Monday to ban up to 90% of Russian oil...
30 May 2022
Crude oil prices were trading higher Monday, extending the previous week's strong gains as EU talks to implement a ban on Russian oil...
30 May 2022
European gasoline and diesel crack rose higher, and backwardation steepened, by...