Crude Oil News

Dubai crude prices resumed the upwards trend Wednesday as focus returned to the supply side, while distillate...

More Japanese refining capacity was taken offline in the third week of May, with refineries...

Commodities giant Glencore said it would pay at least $1.2 billion and two business units would plead guilty to bribery in the...

Brent crude futures were only a touch lower at the European close Tuesday as a weaker dollar...

The US National Oceanic and Atmospheric Administration's (NOAA) Climate Prediction Center forecasted...

Crude oil futures Tuesday were marginally higher on the day, rebounding from earlier losses which came amid concerns...

Germany's economy minster expects the EU to agree to a ban on Russian oil imports soon, with the bloc...

The volume of crude processed at Indian refineries jumped 8.6% in April 2022 compared to a year...

The US government has seized a cargo of Iranian crude oil from a Russia-flagged tanker being held in Greek waters...

Dubai crude prices slipped back Tuesday as broader market sentiment softened, while gasoline cracks came...

Shell will amend its SUKO 90 terms governing forward trades of Brent-Forties-Oseberg-Ekofisk-Troll...

One of the world's biggest commodity trading houses – Trafigura – has tied up with technology company...

Vietnamese crude oil imports fell to a four-month low during the first half of May after run rates at the...

Cude oil production in India outstripped the government-set target for the first time in 12 months in April...

The world is facing a major oil supply crunch as most companies are afraid to invest in the sector as they face green energy pressure...

Refiner margins of European products were down across the board at the start of the week...

Crude oil futures Monday were little changed, having earlier in the session extended the strong gains seen...

Germany's frustration over some European states' resistance to an embargo of Russia's oil was laid bare...

The ongoing political tussle over whether the UK will hit oil and gas firms with a one-off tax on their profits...

Poland's prime minister has called on Norway to share the huge profits it has been making from oil and gas as a result of...