Crude Oil News

Hungarian Prime Minister Viktor Orban warned Monday as he arrived at a summit of EU leaders that the...

Members of the core OPEC producer group may soon need to change their policy to defend...

A Greek-flagged oil tanker seized in the Middle East Gulf on Friday has been moved to an anchorage...

Speculators boosted their exposure to Brent crude oil in the week to May 24, although US crude and products...

Dubai crude started the week on a firm footing Monday hitting fresh two-month highs although losing ground to...

Australian heavy sweet crude oil cemented its position as the most valuable in the world Monday with premiums...

A fire broke out last Saturday during restart procedures at the TotalEnergies Donges refinery in...

Sri Lanka will pay $72.6 million for a 90,000-ton shipment of Russian oil that has been docked at Colombo's port for several weeks...

A number of under-the-radar commodity traders are cashing in on Russian oil, stepping in to buy and transport crude to customers as their bigger rivals retreat...

Crude oil futures Friday maintained the firm upwards trend, extending the the week's strong gains as prices hit the highest levels since March amid...

Brent futures ended the week up $5.50/b at the cash market close, as a supply crunch...

Two Greek oil tanker has been boarded in international waters by Iranian military personnel while navigating through the Middle East Gulf...

Tehran has summoned the envoy of Switzerland on Friday to protest against the US seizure of Iranian oil from...

G7 energy ministers have called on the OPEC group of oil producing countries to pump more oil...

Crude throughput and products output for Brazil's refineries reached a more than six-and-a-half-year high in April, but...

Middle East crude oil finished the week ending 27 May comfortably higher, as global markets reacted to concerns of supply shortages...

Dubai crude raced to two-month highs Friday as the global squeeze on distillates and gasoline pulled...

Expected investments made in the Norwegian oil and gas sector this year were increased by 4.8%...

Libyan oil production further dropped to 750,000 bpd this week after reaching 800,000 bpd...

The Biden administration is reaching out to the oil industry to inquire about restarting shuttered refineries...